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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Investment properties
50 Main St Fairport, NY 14450
Entity Owned
~
Est. High Equity
Property ID
US63-0527509
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1980
Total area
8,755 SF
Lot
0.97 ac (42,253 SF)
Zoning code
06 - INDUSTRIAL
APN
264403 153.09-4-41.2
UPID
US63-0527509
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
-
Barry's Yoga Studio Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$510k
Owner & transaction history
50 N Main Fairport LLC
50 N Main Fairport LLC
since 2025
7 recorded transactions
Zoning & alternative use
06 - INDUSTRIAL · Fairport, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$790,000
+24.9%
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 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
by Request
ML approach
$320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$630,000
Current use
OFFICE BUILDING
$790,000
Change: +25% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$610,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$58 / 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
$595,000
Assessed 2023
Previous assessed
$595,000
+0.0% YoY
Assessed land
$194,000
Assessed improvement
$401,000
Land market value
$273,230
Improvement market value
$564,770
Total market value
$838,000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1980
Heating
NONE
Buildings
2
Stories
1
Total area
8,755 SF
Lot
0.97 ac (42,253 SF)
Zoning code
06 - INDUSTRIAL
APN
264403 153.09-4-41.2
UPID
US63-0527509
Jurisdiction
MONROE
Zoning & alternative use
06 - INDUSTRIAL · Fairport, NY
Zoning 06 - INDUSTRIAL · permitted uses
06 - INDUSTRIAL · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$630,000
OFFICE BUILDING
Est. value
$790,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$610,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1980
Heating
NONE
Stories
1
Buildings
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
50 N Main Fairport LLC
Entity
Mailing address
3 GRV ST, PITTSFORD, NY 14534-1304
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2025
—
50 N Main Fairport LLC
Station Warehouse LLC
Warranty Deed
$1,324,000 · Genesee Regional Bank
Feb 14, 2020
—
Fairport Landing LLC
—
Deed
related
$1,200,000 · Canandaigua Nat'l Bk&tr
Jul 31, 2018
—
Fairport Landing LLC
—
Deed
related
$1,200,000 · Canandaigua Nat'l Bk&tr
Jul 12, 2017
—
Fairport Landing LLC
—
Deed
related
$2,275,000 · Canandaigua Nat'l Bk&tr
Feb 2, 2009
$65,001
Station Warehouse LLC
Johnson,sarah G
Warranty Deed
—
—
—
Pittsford Mini Storage LLC
—
Deed Of Trust
$444,782 · Canandaigua National Bank
—
—
Station Warehouse LLC
—
Loan Modification
related
$480,000 · Canandaigua Nat'l Bk&tr
—
—
Station Warehouse LLC
—
Deed Of Trust
related
$245,241 · Canandaigua Nat'l Bk&tr
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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