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    Property profile & analytics

    309 University Ave Rochester, NY 14607

    • Investment properties
    • 3,114 SF
    • 0.18 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US63-2666102
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 309 University Ave

    Year built
    1930
    Lot size
    0.18 lot acres
    Property size
    3,114 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    261400 106.82-3-2.001
    APU
    2614001068232001

    Description

    This exceptional restaurant opportunity is located in the heart of Downtown Rochester, NY, at the highly visible corner of University Avenue and Union Street. The 3,114 square foot, two-story freestanding building, constructed in 1930 and renovated in 1990, offers a single-tenant occupancy. The property boasts a convenient 9-car parking lot, ensuring ample parking for patrons. Its prime location offers excellent visibility and accessibility, situated near the School of the Arts, The Memorial Art Gallery, East & Alexander businesses, and East Main Street's Fastrac. Easy access to the inner loop and I-490 provides convenient transportation links. The building sits on a 0.18-acre lot in Monroe County, within the Greater Rochester Trade Area and Downtown Rochester submarket cluster. The property is currently vacant and available for lease or sale

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.5946
    Latitude
    43.1587
    CBSA code
    40380
    CBSA name
    ROCHESTER, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $31,600
    $77,400
    $109,000
    -
    $38,072
    $93,253
    $131,325

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    309 University Ave
    Rochester, NY 14607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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