330 Eastern BlvdCanandaigua, NY 14424

Property Details for 330 Eastern Blvd

Year built

2001

Lot size

0.57 AC

Property size (Sq ft)

5,048 SF

Zone code

C3

Property type

Car washes

APN

320200 84.19-1-7.121

APU

320200841917121

Description

This exceptional 2.12-acre agricultural land parcel presents a unique investment opportunity in the thriving town of Canandaigua, New York. Situated at 330 Eastern Blvd, this property enjoys a highly desirable location directly across the street from a top-performing Wegmans grocery store, ensuring high visibility and convenient access to a major retail anchor. The property's address is 330 Eastern Blvd, Canandaigua, NY 14424, within Ontario County. Its geographical coordinates are 42.8790634 latitude and -77.2525364 longitude. Canandaigua itself is a picturesque community situated on the north end of Canandaigua Lake, approximately 25 miles southeast of Rochester. The town boasts a rich history and a vibrant atmosphere, featuring a diverse range of businesses, locally owned shops, art galleries, restaurants, and accommodations. This combination of prime location, proximity to a successful retail giant, and the inherent charm of Canandaigua makes this agricultural land a compelling investment prospect with significant potential for future development or continued agricultural use. The property's size offers flexibility for various uses, subject to local zoning regulations. Interested parties are encouraged to conduct their own due diligence regarding permitted uses and development possibilities. This is a rare opportunity to acquire land in a highly sought-after area with exceptional visibility and access to amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,198,296

  6.5%

  $1,106,120

  7%

  $1,027,111

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,162,164

  Geo Method

  $1,662,121

• Alternative Use

  Use

  Valuation

  Residential

  $933,053

  Hospitality

  $854,672

  Educational

  $711,077

  Medical

  $735,532

  Retail

  $1,106,120

Location Insight

City

Canandaigua

County

Ontario

State

New York

Latitude

42.8779

Longitude

-77.2542

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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