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Property profile & analytics
FOR LEASE
Office buildings
248 W Commercial St, East Rochester, NY 14445
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US63-0454358
For Lease
1 / 7
$20 SF/Yr
248 W Commercial St, East Rochester, NY 14445
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1930
Total area
5,187 SF
Lot
0.3 ac (13,068 SF)
Zoning code
05 - COMMERCIAL
APN
265801 138.84-2-28
UPID
US63-0454358
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
-
Crystal's Beauty Salon and Spa Inc. Hair Salon Nail Salon
-
Met Life Auto & Home Insurance: Kemp Ryan Insurance Agency
-
Dog Tales Grooming Salon Pet Grooming Service
-
Icon Branding & Design Inc Marketing & Advertising Advertising Agency
-
Wyse Touch Therapeutic Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David J Schillaci · 23 yrs held
David J Schillaci
since 2002
3 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · East Rochester, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 East Rochester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Rochester 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$165,000
Assessed 2023
Previous assessed
$165,000
+0.0% YoY
Assessed land
$43,000
Assessed improvement
$122,000
Land market value
$60,565
Improvement market value
$171,835
Total market value
$232,400
Applied tax rate
264,413.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1930
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
5,187 SF
Lot
0.3 ac (13,068 SF)
Zoning code
05 - COMMERCIAL
APN
265801 138.84-2-28
UPID
US63-0454358
Jurisdiction
MONROE
Zoning & alternative use
05 - COMMERCIAL · East Rochester, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · East Rochester, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Rochester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
David J Schillaci
Individual
Mailing address
3446 ATLANTIC AVE, PENFIELD, NY 14526-1806
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2002
$7,000
David J Schillaci
Berrettone Properties INC
Warranty Deed
related
—
—
—
David J Schillaci
—
Deed Of Trust
related
$47,569 · Canandaigua National Bank
—
—
David J Schillaci
—
Deed Of Trust
related
$160,000 · Robert Weiner
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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