11200 Maple Ridge RdMedina, NY 14103

Property Details for 11200 Maple Ridge Rd

Year built

1994

Lot size

0.01 AC

Property size (Sq ft)

66,080 SF

Zone code

05 - COMMERCIAL

Property type

Strip malls

Property subtype

Neighborhood centers

APN

343601 79.19-3-1.11/A000

APU

34360179193111A000

Description

This exceptional retail property, located at 11200 Maple Ridge Road in Medina, New York, offers 65,515 square feet of space in a thriving strip center. Two immediately available spaces, measuring approximately 1,500 and 1,900 square feet, are perfect for a variety of retail uses. These spaces can be combined to create a larger unit of over 3,400 square feet. The property boasts excellent visibility on Maple Ridge Road, just west of Route 63, and benefits from strong co-tenancy with established businesses such as Tops Super Market, Dollar Tree, Medina Savings and Loan, Burger King, Supercuts, CarQuest Auto Parts, and SNAP Fitness. Additional nearby businesses include Aldi Foods, Value Home Center, Monroe Muffler, Medina Lanes, and Dollar General. The property sits on an 11.4-acre lot and offers 21 feet of frontage and 95 feet of depth. The minimum divisible space is 1,500 square feet. Currently, 1,500 square feet are vacant. The asking rate is $12.00 per square foot, NNN. With new development in the area, this location presents a compelling opportunity for growth and success. This is an ideal location for businesses seeking high visibility and strong foot traffic in a well-established retail center.

• CAP approach

  CAP return

  Valuation

  6%

  $17,620,026

  6.5%

  $16,264,639

  7%

  $15,102,879

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,930,773

  Geo Method

  $10,475,874

• Alternative Use

  Use

  Valuation

  Residential

  $13,719,832

  Hospitality

  $12,567,292

  Educational

  $10,455,839

  Medical

  $10,815,432

  Retail

  $16,264,639

Location Insight

City

Medina

County

Orleans

State

New York

Latitude

43.2052

Longitude

-78.3996

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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