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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Investment properties
2583 Work St, Falconer, NY 14733-1758
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-5920951
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1928
Total area
2,112 SF
Lot
11.4 ac (496,584 SF)
Zoning code
06 - INDUSTRIAL
APN
063889 371.16-1-15
UPID
US63-5920951
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.23M
Owner & transaction history
Triple S Storage LLC · 4 yrs held
Triple S Storage LLC
since 2021
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
06 - INDUSTRIAL · Falconer, 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 Falconer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falconer 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
$1,260,000
ML approach
$1,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10% · vs last sale $1.20M (Nov 3 2021)
Last sale anchor
$1.20M
Nov 3 2021
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
$582 / 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
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$305,000
Assessed 2023
Previous assessed
$305,000
+0.0% YoY
Assessed land
$55,900
Assessed improvement
$249,100
Land market value
$65,760
Improvement market value
$293,040
Total market value
$358,800
Applied tax rate
63,801.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1928
Heating
FORCED AIR
Buildings
3
Stories
2
Bathrooms
2
Total area
2,112 SF
Lot
11.4 ac (496,584 SF)
Zoning code
06 - INDUSTRIAL
APN
063889 371.16-1-15
UPID
US63-5920951
Jurisdiction
CHAUTAUQUA
Zoning & alternative use
06 - INDUSTRIAL · Falconer, NY
Zoning 06 - INDUSTRIAL · permitted uses
06 - INDUSTRIAL · Falconer, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falconer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1928
Heating
FORCED AIR
Stories
2
Buildings
3
Bathrooms
2
Lot
11.4 ac
Current owner
From public records · entity-resolved
Triple S Storage LLC
Entity
Free & Clear · 4 yrs held
Mailing address
144 FAIRPORT VLG LNDG UNIT #179, FAIRPORT, NY 14450-1804
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2025
—
Triple S Storage LLC
—
Deed
related
$450,000 · The Canandaigua National Bank & Trust Co
Sep 13, 2023
—
Triple S Storage LLC
—
Deed
related
$600,000 · The Canandaigua National Bank & Trust Co
Sep 21, 2022
—
Triple S Storage LLC
—
Deed
related
$500,000 · The Canandaigua National Bank & Trust Co
Jan 4, 2022
—
Triple S Storage LLC
—
Deed
related
$1,632,000 · The Canandaigua National Bank & Trust Co
Nov 3, 2021
$1,200,000
Triple S Storage LLC
Thomas F Shelters
Warranty Deed
—
Jun 2, 2008
$50,000
Thomas F Shelters
June M Studd
Deed
—
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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