Financial
Distress signals
Property profile

490 State St Rochester, NY 14608

OFF-MARKET
Turn key restaurants
Property ID
US63-3827685
1,808 SF 0.24 ac lot Built 1960
Last sale May 2025 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 490 State Street in Rochester, New York consists of a commercial building totaling approximately 2,000 square feet on a corner lot with traffic-light access. The site has historically been used as Spiro’s Restaurant for more than 40 years and remains configured for operation as a diner, with existing restaurant infrastructure and equipment included. The property is positioned for substantial roadway exposure and can accommodate other business uses consistent with the existing zoning, with zoning allowing a range of uses within fully enclosed buildings.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$78k
Assessed land$21k
Assessed improvement$58k

Value estimate

· Sep 2026
$105k
$95k – $116k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$127/SF
Submarket average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$67 – $235
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office14.0
Skin Care Clinic12.8
Garden Center10.4

Location

490 State St Rochester, NY 14608-1643
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
249 Saratoga, Rochester, NY 14608-1158 $38,000 Jan 2025 2,435 SF
292 Pkwy, Rochester, NY 14608-1148 $130,000 Oct 2023 2,060 SF
358 Lk, Rochester, NY 14608-1017 $742,500 May 2022 2,580 SF
90 Lk, Rochester, NY 14608-1411 $76,000 Sep 2019 1,400 SF
278 Allen, Rochester, NY 14608-1842 $155,000 Aug 2019 2,688 SF
142-144 Lyell, Rochester, NY 14608 $85,000 Dec 2018 1,905 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
5 properties of the same type nearby
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