10769 Ridge RdMedina, NY 14103
- Investment properties
- 4,960 SF
For Sale
$450,000
View listing
Property Details for 10769 Ridge Rd
- Year built
- 1975
- Lot size
- 0.54 AC
- Property size (Sq ft)
- 4,960 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 343489 57.-1-12.21
- APU
- 3434895711221
Description
This exceptional Medina, NY commercial property offers a unique investment opportunity encompassing approximately 20 acres of land. The main building boasts 4,960 square feet of office space, a three-bedroom, one-bathroom residence requiring some finishing touches, and a deck overlooking a landscaped yard and pond. Included in the sale are two additional parcels: a 20x40 storefront with office and bathroom
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,115,637
- 6.5%
- $1,029,819
- 7%
- $956,260
-
Comparable approach
- Method
- Valuation
- Relative Method
- $735,495
- Geo Method
- $483,652
-
Alternative Use
- Use
- Valuation
- Residential
- $1,029,819
- Hospitality
- $943,308
- Educational
- $784,822
- Medical
- $811,813
- Retail
- $1,220,834
Location Insight
- City
- Medina
- County
- Orleans
- State
- New York
- Latitude
- 43.2668
- Longitude
- -78.4275
- 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
2020
$6,024
$9,700
$77,600
$87,300
-
$9,700
$77,600
$87,300
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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