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Property profile & analytics
OFF-MARKET
Estimated value
$5,730,000
Manufacturing properties
50 Frg Ave Geneva, NY 14456-1281
Individually Owned
8-yr Hold
Free & Clear
Property ID
US63-3050418
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2002
Total area
75,500 SF
Lot
77 ac (3,354,120 SF)
Zoning code
F-1
APN
320500 90.12-3-2.1
UPID
US63-3050418
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
Current use
Occupant on record · Public records
-
Levy Transport Trucking Company
-
Guardian Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.14M
Comparable Approach
Comparable
$6.07M
Blend (final)
Blend
$5.73M
Owner & transaction history
Richard Zoulek · 8 yrs held
Richard Zoulek
since 2017
3 recorded transactions
Zoning & alternative use
F-1 · Geneva, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.4M
+140.0%
Restaurant
$7.3M
+109.0%
Office building
$7.1M
+104.9%
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 Geneva submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Geneva 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,730,000
6.5%
$7,140,000
7%
$6,630,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,485,000
Current use
AUTO REPAIR, GARAGE
$8,355,000
Change: +140% · Conversion: Easy
RESTAURANT
$7,280,000
Change: +109% · Conversion: Difficult
OFFICE BUILDING
$7,135,000
Change: +105% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,020,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$5.73M
Range $5.16M – $6.30M · ±10%
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
$76 / 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
$62,059,000
Assessed 2023
Previous assessed
$62,059,000
+0.0% YoY
Assessed land
$1,411,300
Assessed improvement
$60,647,700
Land market value
$1,809,359
Improvement market value
$77,753,462
Total market value
$79,562,821
Applied tax rate
320,500.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2002
Heating
NONE
Buildings
2
Stories
1
Total area
75,500 SF
Lot
77 ac (3,354,120 SF)
Zoning code
F-1
APN
320500 90.12-3-2.1
UPID
US63-3050418
Jurisdiction
ONTARIO
Zoning & alternative use
F-1 · Geneva, NY
Zoning F-1 · permitted uses
F-1 · Geneva, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Geneva. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$8.4M
RESTAURANT
Est. value
$7.3M
OFFICE BUILDING
Est. value
$7.1M
COMMERCIAL (GENERAL)
Est. value
$4.0M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Stories
1
Buildings
2
Lot
77 ac
Current owner
From public records · entity-resolved
Richard Zoulek
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX 2900, WICHITA, KS 67201-2900
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2017
—
Richard Zoulek
Guardian Industries LLC
Deed
—
Sep 28, 2017
—
Guardian Industries LLC
Geneva Indus Deve City Of
Deed
—
Dec 30, 2010
—
Ontario County Indus Dev
City Of Geneva Dev Agen
Deed
—
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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