4401 Lake Ave Rochester, NY 14612
Property Lookup
Property profile & analytics
4401 Lake Ave Rochester, NY 14612
- Auto shops
- 7,680 SF
- 0.27 lot acres
Property ID
US63-2131510
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.
Location Intelligence
Current Use by Public Records
- Caliber Collision / Auto Repair Shop
Property Details for 4401 Lake Ave
- Year built
- 1965
- Lot size
- 0.27 lot acres
- Property size
- 7,680 SF
- Property type
- Auto shops
- APN
- 261400 047.62-2-41
- APU
- 26140004762241
Description
This exceptional investment opportunity presents a 15,418 square foot Caliber Collision auto shop situated on a 1.75-acre lot at 4401 Lake Ave, Rochester, NY 14612. The property boasts a strong 6.75% cap rate, generating a net operating income (NOI) of $145,173. The single-tenant, net-leased property features a corporate guarantee from Caliber Collision, a national leader in auto repair, ensuring a stable and reliable income stream. The lease, commencing December 5, 2020, has a remaining term of 6.1 years with two, 5-year options, and includes annual rent bumps of 2%. Built in 1965, this one-story building benefits from high visibility due to its location at the end of Highway 132, attracting significant traffic volume. The property's prime location near Ontario Beach Park and other local attractions, coupled with an affluent surrounding area (average household income within a 3-mile radius is $92,976), further enhances its investment appeal. This is a resilient, recession-resistant investment in an essential service industry. The asking price is $2,151,000, translating to a price per square foot of $139.51. The property's size and location make it an ideal prototype for Caliber Collision.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.6146
- Latitude
- 43.2511
- 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
$70,000
$140,000
$210,000
-
$84,337
$168,675
$253,012
