Property profile

3240 Monroe Ave 3246 Rochester, NY 14618

OFF-MARKET
Strip malls
Property ID
US63-3435619
20,060 SF 3.08 ac lot Built 2000
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2000
Total area 20,060 SF
Lot 3.08 ac (134,165 SF)
APN 264689 150.12-1-10.1
UPID US63-3435619

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Pharmacy
  • (Bike/Boat/Book/etc) Store Florist
  • Spa & Massage Center Alternative Medicine Practice
  • Insurance Agency

Location

3240 Monroe Ave, Unit 3246 Rochester, NY 14618-4627
Rochester metro Census 12301 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.15M
Blend (final) Blend
$1.85M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $2.5M +83.6%
Auto repair, garage $2.1M +54.3%
Office building $1.7M +19.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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