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Property profile & analytics
OFF-MARKET Estimated value $600,000
Warehouses

4108 Canal Rd Spencerport, NY 14559-9554

4,050 SF 9.87 ac lot Built 1990
Entity Owned 2-yr Hold Free & Clear
Property ID
US63-1490161
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1990
Total area 4,050 SF
Lot 9.87 ac (429,937 SF)
Zoning code R-1
APN 263889 086.01-1-12.11
UPID US63-1490161
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
$525k
CAP Approach CAP
$350k
Comparable Approach Comparable
$371k
Blend (final) Blend
$600k
Owner & transaction history
4108 Canal LLC · 2 yrs held
4108 Canal LLC
since 2023
Last sale
$550,000
2 recorded transactions
2023
$550,000
2014
Price N/A
Zoning & alternative use
R-1 · Spencerport, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In R3 Multiresidential, all uses permitted in R1 and R2 Districts, except major home occupations, together with multiple-unit residential dwellings not more than two stories in height exclusive of habitable basement space; provided, however, that such multiunit residential dwellings shall not be erected, altered or reconstructed unless in conformity with § 3…

Zone name Residential
General category RESIDENTIAL
Zone area 16.25 ac
Top alternative use upside
Auto repair, garage $460,000 +112.8%
Office building $365,000 +69.0%
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