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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Automotive properties
5503 Rdg Rd Spencerport, NY 14559-1024
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-3744389
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2010
Total area
9,776 SF
Lot
4.46 ac (194,278 SF)
Zoning code
05 - COMMERCIAL
APN
264089 071.01-2-14.2
UPID
US63-3744389
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
-
Auto Link Inc. Car Dealership
-
POOL AUTOSALES INC. Car Dealership
-
Sal's Auto Center Car Dealership
-
The Mobile Paint Guy Car Wash
-
Jacob’s Auto Sales LLC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$620k
Blend (final)
Blend
$865k
Owner & transaction history
5503 Ridge Rd LLC · 4 yrs held
5503 Ridge Rd LLC
since 2022
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Spencerport, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+3.6%
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 Spencerport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spencerport 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
$865,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,110,000
Current use
RESTAURANT
$1,150,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $850k (Jun 15 2022)
Last sale anchor
$850k
Jun 15 2022
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
$88 / 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
$399,500
Assessed 2023
Previous assessed
$399,500
+0.0% YoY
Assessed land
$103,500
Assessed improvement
$296,000
Land market value
$145,781
Improvement market value
$416,919
Total market value
$562,700
Applied tax rate
263,801.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2010
Heating
NONE
Buildings
1
Stories
1
Total area
9,776 SF
Lot
4.46 ac (194,278 SF)
Zoning code
05 - COMMERCIAL
APN
264089 071.01-2-14.2
UPID
US63-3744389
Jurisdiction
MONROE
Zoning & alternative use
05 - COMMERCIAL · Spencerport, NYZoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Spencerport, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE Current
RESTAURANT
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
2010
Heating
NONE
Stories
1
Buildings
1
Lot
4.46 ac
Current owner
From public records · entity-resolved
5503 Ridge Rd LLC
Entity
Mailing address
109 OLD WL RD, ROCHESTER, NY 14626-3715
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2022
$850,000
5503 Ridge Rd LLC
Auto Outlets USA Properties INC
Warranty Deed
$680,000 · The Upstate National Bank
Nov 25, 2020
—
Auto Outlets USA Prop INC
—
Deed
related
$775,000 · Bmo Harris Bk NA
Aug 8, 2019
—
Auto Outlets USA Properties INC
—
Deed
related
$28,263 · Bmo Harris Bank NA
Dec 16, 2016
$1,137,500
Auto Outlets USA Props INC
Sobb Properties LLC
Warranty Deed
$857,500 · Bank Of America
Jul 2, 2010
—
Sobb Properties LLC
Sobb,robert P
Quit Claim Deed
related
$425,000 · First Niagara Funding INC
—
—
Robert Sobb
—
Deed Of Trust
related
$277,511 · Genesee Regional Bank
—
—
Sobb Properties LLC
—
Deed Of Trust
related
$798,444 · First Niagara Funding INC
—
—
Auto Outlets USA Prop INC
—
Loan Modification
related
$775,000 · Bmo Harris Bk NA
—
—
Auto Outlets USA Prop INC
—
Loan Modification
related
$775,000 · Bmo Harris Bk NA
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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