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Property profile & analytics
OFF-MARKET Estimated value $16,270,000
Super regional malls

6720 Pittsford Palmyra Rd Fairport, NY 14450-3344

196,411 SF 23.4 ac lot Built 1972
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US63-3143198
Property summary
AI-generated overview

Perinton Square, located at 6720 Pittsford Palmyra Rd, Fairport, NY 14450, offers exceptional retail opportunities in a thriving Monroe County community. This 194,000 square foot shopping center, situated on approximately 23 acres at the intersection of Routes 31 and 250, provides a vibrant neighborhood shopping experience. Currently, 40,177 square feet of retail space is available, divisible into units as small as 300 square feet and up to a contiguous 2,300 square feet. The center boasts a diverse tenant mix, including established businesses such as LA Fitness, Starbucks, Chipotle, and others, creating a strong synergy and high foot traffic. Perinton Square is undergoing revitalization, including enhanced pedestrian access, façade updates, and the construction of a new fitness center. Ample parking is available, and the center hosts community events, attracting a broad customer base from surrounding towns like Fairport, Brighton, East Rochester, and Victor. Perinton's designation as a "top 100 Best Place to Live in America" by Money Magazine underscores the area's desirability and strong market potential. This prime location, surrounded by residential neighborhoods, office and industrial parks, and recreational areas, presents a unique opportunity for businesses seeking high visibility and a strong customer base. Multiple tenancy options are available.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1972
Total area 196,411 SF
Lot 23.4 ac (1,019,304 SF)
Zoning code COMMERCIAL
APN 264489 166.17-2-24
UPID US63-3143198
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
  • The Little Gym Gym & Fitness Center
  • Rock Steady Boxing Flower City Gym & Fitness Center
  • Bocaccini's Italian Bistro Restaurant
  • Sport Clips Haircuts of Fairport Hair Salon
  • Hairzoo Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$19.24M
Blend (final) Blend
$16.27M
Owner & transaction history
Dimarco Perinton Square LLC · 13 yrs held
Dimarco Perinton Square LLC
since 2013
6 recorded transactions
2023
Price N/A
2021
Price N/A
2013
$21.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
COMMERCIAL · Fairport, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $23.1M +68.5%
Auto repair, garage $22.3M +62.7%
Office building $17.7M +29.2%
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