105 Despatch DrEast Rochester, NY 14445

  • Office buildings
  • 31,849 SF
For Lease
$12/SF/YR View listing

Property Details for 105 Despatch Dr

Year built
1994
Lot size
2.95 AC
Property size (Sq ft)
31,849 SF
Zone code
06 - INDUSTRIAL
Property type
Office buildings
APN
265801 139.69-2-32.1
APU
265801139692321

Description

This exceptional East Rochester, NY commercial property at 105 Despatch Dr offers 31,849 square feet of versatile space, ideal for a variety of businesses. Currently featuring a mix of medical office, flex, and warehouse uses, this single-story, Class B building presents a unique investment opportunity. Built in 1994, the property sits on a generous 3-acre lot, providing a park-like setting with ample surface parking for 136 vehicles. The building boasts 4 truck-high loading docks, each equipped with an overhead door, ensuring efficient loading and unloading. The pre-engineered metal and decorative block construction features tinted glass windows extending from ground level to 9 feet above grade, providing excellent natural light. Currently, approximately 3,500 square feet of space is available, offering flexibility for expansion or lease to new tenants. The property enjoys 24/7 building access, catering to the needs of diverse businesses. Located in a central Eastside location, this property offers convenient access to major transportation routes and amenities. The property's multiple tenancy allows for diverse income streams and potential for future growth. This is a rare opportunity to acquire a well-maintained, multi-use commercial property in a desirable location. Don't miss out on this chance to own a piece of East Rochester's thriving commercial landscape. The zip code is 14445.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,143,080
    6.5%
    $4,747,458
    7%
    $4,408,354
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,909,667
    Geo Method
    $3,729,891
  • Alternative Use

    Use
    Valuation
    Residential
    $5,886,848
    Hospitality
    $5,392,322
    Educational
    $4,486,348
    Medical
    $4,640,640
    Retail
    $6,978,764
105 Despatch Dr, East Rochester, New York

Location Insight

City
East Rochester
County
Monroe
State
New York
Latitude
43.1168
Longitude
-77.486
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
-
$295,000
$1,038,000
$1,333,000
-
$415,501
$1,461,999
$1,877,500

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