Realmo Analytics

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Financial
Distress signals
Property profile

248 Union St N Rochester, NY 14609

FOR LEASE
Warehouses
Property ID
US63-5444145
29,860 SF 1.08 ac lot Built 1970
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$398k
Assessed land$52k
Assessed improvement$346k

Value estimate

· Oct 2026
$350k
$315k – $385k
Submarket $/SF estimate$893k
NOI build-up
Gross scheduled income$645k
Vacancy & credit loss−$66k
Operating expenses−$174k
NOI · 4,070,150.75% cap applied$405k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$50/SF
Submarket average, outlier-cleaned · 92 recorded sales of this use type
Observed band · Q1–Q3$22 – $87

Cap rate analysis

How does the asset earn?
4,070,150.75%
$405k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply43.2
Dental Office31.9
Pharmacy27.2

Location

248 Union St N Rochester, NY 14609
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
400 Central, Rochester, NY 14605-3009 $700,000 Aug 2024 31,500 SF
46 Joseph, Rochester, NY 14605 $700,000 Aug 2024 23,840 SF
4 Champeney, Rochester, NY 14605-2710 $875,000 Oct 2021 20,280 SF
750 Saint Paul, Rochester, NY 14605-1737 $865,000 Feb 2021 36,450 SF
101 Hartford, Rochester, NY 14605 $4,250,000 Jan 2021 30,200 SF
128 Merrimac, Rochester, NY 14605 $175,000 Jun 2020 34,366 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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