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Property profile & analytics
OFF-MARKET
Estimated value
$2,945,000
Warehouses
245 Smt Pt Dr Henrietta, NY 14467-9608
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3128144
Property summary
AI-generated overview
This exceptional 37,300 square foot single-story building, situated on a 3.73-acre lot in Henrietta, New York, offers a unique blend of executive office and warehouse space. Currently, 4,890 square feet of versatile space is immediately available for lease within this multi-tenant property. The building boasts a 15-foot ceiling height, ideal for various business needs, and is equipped with robust 3-phase electrical service. Its strategic location at the intersection of West Henrietta Road (Route 15) and Lehigh Station Road provides unparalleled access to major transportation arteries, including Routes 390 and the I-90 (NYS Thruway). This prime location in Monroe County ensures easy commutes for employees and clients alike. The property's address is 245 Summit Point Dr, Henrietta, NY 14467. The building's classification as both office and industrial space makes it suitable for a wide range of businesses seeking a functional and conveniently located workspace. This is an exceptional opportunity to secure a prominent presence in a thriving business community. Contact us today to learn more about this outstanding property and its leasing options.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Total area
37,300 SF
Lot
3.73 ac (162,479 SF)
Zoning code
06 - INDUSTRIAL
APN
263200 175.03-1-52.1
UPID
US63-3128144
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
CADimensions, Inc. Vocational School Training Center
-
Conoflow Building Supply Electrical Service
-
RD Weis General Contractor Renovation Specialist
-
Agricultural Consulting Services, Inc. Corporate Office
-
Cellec Technologies Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.21M
Comparable Approach
Comparable
$3.41M
Blend (final)
Blend
$2.95M
Owner & transaction history
Gallina Development Corp · 2 yrs held
Gallina Development Corp
since 2023
5 recorded transactions
Zoning & alternative use
06 - INDUSTRIAL · Henrietta, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.4M
+120.4%
Auto repair, garage
$4.2M
+112.8%
Office building
$3.4M
+69.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Henrietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henrietta submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,480,000
6.5%
$3,210,000
7%
$2,980,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,990,000
Current use
RESTAURANT
$4,385,000
Change: +120% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,235,000
Change: +113% · Conversion: Easy
OFFICE BUILDING
$3,360,000
Change: +69% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,690,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,600,000
Change: +31% · Conversion: Moderate
Blend value · Realmo final
$2.95M
Range $2.65M – $3.24M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$79 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$2,245,000
Assessed 2023
Previous assessed
$2,160,000
+3.9% YoY
Assessed land
$387,400
Assessed improvement
$1,857,600
Land market value
$387,400
Improvement market value
$1,857,600
Total market value
$2,245,000
Applied tax rate
265,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
37,300 SF
Lot
3.73 ac (162,479 SF)
Zoning code
06 - INDUSTRIAL
APN
263200 175.03-1-52.1
UPID
US63-3128144
Jurisdiction
MONROE
Zoning & alternative use
06 - INDUSTRIAL · Henrietta, NY
Zoning 06 - INDUSTRIAL · permitted uses
06 - INDUSTRIAL · Henrietta, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Henrietta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.0M
RESTAURANT
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$4.2M
OFFICE BUILDING
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
3.73 ac
Current owner
From public records · entity-resolved
Gallina Development Corp
Entity
Mailing address
1890 WINTON RD S STE #100, ROCHESTER, NY 14618-4010
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2023
—
Gallina Development Corp
—
Deed
related
$1,401,934 · Nextier Bank NA
—
—
Gallina Dev Corp
—
Deed Of Trust
related
$530,557 · Five Star Bank
—
—
Gallina Dev Corp
—
Loan Modification
related
$2,069,442 · Five Star Bank
—
—
Gallina Dev Corp
—
Deed Of Trust
related
$923,818 · Five Star Bank
—
—
Gallina Dev Corp
—
Deed Of Trust
related
$904,868 · Five Star Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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