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    Property profile & analytics

    4600 Henrietta Rd Henrietta, NY 14467-9355

    • Commercial land
    • 23,064 SF
    • 4.82 lot acres
    OFF-MARKET
    Last Sale
    Mar 23, 2023
    $3,440,371
    Value Estimations
    $3,435,000
    Show details
    Cap Rate Potential
    5.9%
    Commercial land
    Location Intelligence
    Property ID
    US63-0215957
    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

    • Vista Heights Inn / Hotel & Motel / Bed & Breakfast

    Property Details for 4600 Henrietta Rd

    Year built
    1956
    Lot size
    4.82 lot acres
    Property size
    23,064 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Commercial land
    APN
    263200 175.10-2-77
    APU
    26320017510277

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,760,000
      ML approach
      $3,460,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,675,000
      6.5%
      $3,395,000
      7%
      $3,150,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $2,710,000
      AUTO REPAIR, GARAGE
      $2,620,000
      OFFICE BUILDING
      $2,080,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Henrietta
    County
    Monroe
    State
    New York
    Longitude
    -77.6497
    Latitude
    43.0608
    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
    $422,300
    $0.00
    $422,300
    -
    $422,300
    $0.00
    $422,300

    Comparable in this City

    • Value Estimation by Request
      3.11 Acres

      Henrietta Rd

      VACANT COMMERCIAL LAND • 3.11 Acres
      Henrietta Rd, Henrietta, NY 14467
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    • Value Estimation by Request
      0.41 Acres

      3012 Henrietta Rd

      VACANT COMMERCIAL LAND • 2,508 SF
      3012 Henrietta Rd, Henrietta, NY 14467-9301
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    • Value Estimation by Request
      0.35 Acres

      Henrietta Rd

      VACANT COMMERCIAL LAND • 0.35 Acres
      Henrietta Rd, Henrietta, NY 14467
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    • Value Estimation by Request
      5.80 Acres

      Henrietta Rd

      VACANT COMMERCIAL LAND • 5.80 Acres
      Henrietta Rd, Henrietta, NY 14467
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    • Value Estimation by Request
      3.49 Acres

      Lehigh Sta Rd

      VACANT COMMERCIAL LAND • 3.49 Acres
      Lehigh Sta Rd, Henrietta, NY 14467
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    • Value Estimation by Request
      2.29 Acres

      Calkins Rd

      VACANT COMMERCIAL LAND • 2.29 Acres
      Calkins Rd, Henrietta, NY 14467
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    Similar Nearby for Sale

    • $7,000,000
      Pending

      Commercial Land For Sale

      Commercial land available for sale.
      4490 W Henrietta Rd, Henrietta, NY 14467
      View Details
    • $299,000

      Prime Henrietta Development Opportunity

      1.21-acre industrial land with high visibility and accessibility.
      337 Middle Rd, Henrietta, NY 14467
      View Details
    • $2,400,000

      4.4 Acres on West Henrietta

      4.4 acres of commercial land with 400' frontage.
      4635 W Henrietta Rd, Henrietta, NY 14467
      View Details
    • $349,900
      1.21 Acres

      Henrietta Industrial Land

      1.21-Acre Commercial/Industrial Lot
      337 Middle Rd, Henrietta, NY 14467
      View Details
    • Contact for pricing
      1.00 Acre

      Henrietta Land Parcel For Sale

      One-acre vacant lot in Henrietta, utilities available.
      E Henrietta Rd, Henrietta, NY 14467
      View Details
    • $1,900,000
      Pending

      Henrietta Vacant Land Opportunity

      9.91 acres of vacant land in the heart of Henrietta.
      4058 E Henrietta Rd, Henrietta, NY 14467
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Land for Lease

      3.79 +/- acres of industrial land available for lease.
      1271 Lehigh Station Rd, Henrietta, NY 14467
      View Details
    • Contact for pricing

      Industrial Land for Lease

      3.70+/- acres of industrial land available for lease.
      1271 Lehigh Station Rd, Henrietta, NY 14467
      View Details
    • Contact for pricing

      Henrietta Land For Lease

      1.5 acres of land available for lease in Henrietta, NY.
      230 Middle Rd, Henrietta, NY 14467
      View Details
    • $6 SF/Yr
      45,200 SF

      Henrietta Industrial Space For Lease

      Prime Henrietta location, flexible space available.
      395 Summit Point Dr, Henrietta, NY 14467
      View Details
    • Contact for pricing
      13,250 SF

      Henrietta Warehouse Space For Lease

      Warehouse space with ample parking, convenient highway access.
      999 Lehigh Station Rd, Henrietta, NY 14467
      View Details
    • Contact for pricing
      3,750 SF

      Adaptable Office/Warehouse Space Available

      Versatile 3,750 SF space customizable to tenant needs.
      205 Summit Point Dr, Henrietta, NY 14467
      View Details
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    Henrietta, NY 14467-9355
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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