63 Main St Brockport, NY 14420-1648
Property profile & analytics
63 Main St Brockport, NY 14420-1648
- Strip malls
- 7,439 SF
- 1.15 lot acres
Property ID
US63-2455611
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.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 63 Main St
- Year built
- 1965
- Lot size
- 1.15 lot acres
- Property size
- 7,439 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 265201 068.44-2-13
- APU
- 26520106844213
Description
This exceptional investment opportunity presents a 7,700 square foot, multi-tenant retail center in Brockport, NY. Anchored by a Pizza Hut, operating for over 30 years, this property boasts a strong 100% occupancy rate across three tenants under a triple net (NNN) lease structure. The lease features a substantial 15-year remaining term, providing long-term stability and predictable cash flow. The property generates a significant net operating income (NOI) of $120,400, resulting in an attractive 9.15% capitalization rate. Priced at $1,315,847 ($170.89/sq ft), this investment offers a compelling return. Situated on a main thoroughfare in Brockport, the property benefits from high visibility and convenient access. Its proximity to the State University of New York at Brockport (6,900 students) ensures a consistent customer base. The property consists of two buildings, offering flexibility and potential for future expansion or redevelopment. This is a rare opportunity to acquire a well-established, high-performing retail center with a strong tenant mix and excellent long-term prospects. The absolute net lease structure minimizes landlord responsibilities, making this an ideal investment for passive income seekers. Don't miss this chance to secure a prime retail asset in a thriving New York community.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $665,000
- ML approach
- $595,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $701,000
Market price range: $219k - $862k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $520,000 Current use
- RESTAURANT
- $875,000 Change: +69% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $845,000 Change: +63% Conversion: Difficult
- OFFICE BUILDING
- $670,000 Change: +29% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $535,000 Change: +3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brockport
- County
- Monroe
- State
- New York
- Longitude
- -77.9383
- Latitude
- 43.2191
- 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
$107,100
$475,900
$583,000
-
$115,165
$511,735
$626,900
