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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Strip malls
2920 Monroe Ave, Rochester, NY 14618-4602
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-1491853
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1946
Total area
13,630 SF
Lot
0.68 ac (29,621 SF)
Zoning code
05 - COMMERCIAL
APN
262000 150.07-3-31
UPID
US63-1491853
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
-
A Different Point of View (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.19M
Owner & transaction history
Robert Cliford · 7 yrs held
Robert Cliford
since 2019
7 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Rochester, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+83.6%
Auto repair, garage
$1.5M
+54.3%
Office building
$1.1M
+19.6%
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 Rochester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$940,000
Current use
RESTAURANT
$1,730,000
Change: +84% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,455,000
Change: +54% · Conversion: Difficult
OFFICE BUILDING
$1,125,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$900,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±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
$87 / 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
$961,600
Assessed 2023
Previous assessed
$961,600
+0.0% YoY
Assessed land
$224,400
Assessed improvement
$737,200
Land market value
$320,568
Improvement market value
$1,053,132
Total market value
$1,373,700
Applied tax rate
262,001.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1946
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
13,630 SF
Lot
0.68 ac (29,621 SF)
Zoning code
05 - COMMERCIAL
APN
262000 150.07-3-31
UPID
US63-1491853
Jurisdiction
MONROE
Zoning & alternative use
05 - COMMERCIAL · Rochester, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Rochester, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rochester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$940,000
RESTAURANT
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1946
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Robert Cliford
Individual
Mailing address
1950 BRIGHTON HENRIETTA TOWN LINE RD, ROCHESTER, NY 14623-2543
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2026
—
2920 2930 Clover View I LLC
—
Deed
related
$2,381,250 · Community Bank
May 6, 2019
$550,000
Robert Cliford
Thomas Clifford
Quit Claim Arm's Length For Ne States
—
May 6, 2019
—
Robert Clifford
Clifford Gerald R
Quit Claim Deed
related
$4,050,000 · Genesee Reg'l Bk
Jul 29, 2011
—
Cliffords Of Pittsford LP
—
Deed Of Trust
related
$2,650,000 · Theodore Filer
—
—
Cliffords Of Pittsford LP|2900 Monroe Ave LLC
—
Loan Modification, Consolidation And Extension
related
$3,200,000 · Genesee Reg'l Bk
—
—
Cliffords Of Pittsford LP|2900 Monroe Ave LLC
—
Deed Of Trust
related
$565,000 · Genesee Reg'l Bk
—
—
Cliffords Of Pittsford LP
—
Deed Of Trust
related
$1,069,287 · Theodore Filer
—
—
Cliffords Of Pittsford LP
—
Deed Of Trust
related
$620,712 · Theodore Filer
—
—
Cliffords Of Pittsford LP
—
Deed Of Trust
related
$100,000 · Theodore Filer
—
—
Cliffords Of Pittsford LP
—
Deed Of Trust
related
$300,000 · Theodore Filer
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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