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Property profile & analytics
FOR LEASE
Office buildings
4400 Nine Mile Point Rd, Fairport, NY 14450
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-5295338
For Lease
1 / 14
$16 SF/Yr
4400 Nine Mile Point Rd, Fairport, NY 14450
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
14,138 SF
Lot
1.85 ac (80,586 SF)
Zoning code
RES A
APN
264489 140.13-1-5.2
UPID
US63-5295338
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
$4.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.08M
Owner & transaction history
Jpv3 Real Estate LLC · 3 yrs held
Jpv3 Real Estate LLC
since 2023
Last sale
$3.9M
5 recorded transactions
Zoning & alternative use
RES A · Fairport, 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 Fairport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairport 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
$4,265,000
ML approach
$4,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.08M
Range $3.67M – $4.48M · ±10% · vs last sale $3.91M (Jan 9 2023)
Last sale anchor
$3.91M
Jan 9 2023
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
$288 / 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
$510,000
Assessed 2023
Previous assessed
$510,000
+0.0% YoY
Assessed land
$181,900
Assessed improvement
$328,100
Land market value
$256,194
Improvement market value
$462,106
Total market value
$718,300
Applied tax rate
264,401.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1900
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
14,138 SF
Lot
1.85 ac (80,586 SF)
Zoning code
RES A
APN
264489 140.13-1-5.2
UPID
US63-5295338
Jurisdiction
MONROE
Zoning & alternative use
RES A · Fairport, NY
Zoning RES A · permitted uses
RES A · Fairport, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
1.85 ac
Current owner
From public records · entity-resolved
Jpv3 Real Estate LLC
Entity
Mailing address
14 LARWOOD DR, ROCHESTER, NY 14618-4722
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2023
$3,905,000
Jpv3 Real Estate LLC
Eagle Vale Golf Club & Learning Ctr
Bargain And Sale Deed
$1,176,000 · Nybdc Local Development Corporation
—
—
Eagle Vale Golf Club & Learnin
—
Deed Of Trust
related
$150,000 · Esl FCU
—
—
Eagle Vale Golf Club & Learnin
—
Loan Modification
related
$2,400,000 · Esl FCU
—
—
Eagle Vale Golf Club & Learnin
—
Deed Of Trust
related
$2,400,000 · Esl FCU
—
—
Eagle Vale Golf Club & Learnin
—
Loan Modification
related
$1,026,595 · Frank Dimino
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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