2 Ryan DrGeneseo, NY 14454

Property Details for 2 Ryan Dr

Year built

1990

Lot size

1.42 AC

Property size (Sq ft)

5,194 SF

Zone code

05 - COMMERCIAL

Property type

Office buildings

APN

242601 81.10-1-10.1

APU

24260181101101

Description

This exceptional 6,006 square foot retail space, situated in a Class B shopping center in Geneseo, NY, presents a unique investment opportunity. Built in 1990, this single-story building boasts a prime location at the corner of Route 20A (Lakeville Road) and Ryan Drive, offering unparalleled visibility and accessibility. Currently fully vacant, this end-unit space provides immediate occupancy for a wide range of retail businesses. The property shares its location with established tenants, including the University of Rochester Clinical Lab and H&R Block, ensuring high foot traffic and brand recognition. The convenient access to the Walmart shopping center further enhances its appeal to potential customers. The property includes ample parking with 43 spaces available for customers and employees. This location offers excellent visibility and accessibility, making it an ideal space for a variety of retail uses. The property is located in Livingston County, New York, with precise coordinates of Longitude: W78° 12' 47.8" and Latitude: N42° 47' 55.2". This is a rare opportunity to secure a prominent retail space in a thriving commercial area. The entire 6,006 square feet is available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $889,709

  6.5%

  $821,270

  7%

  $762,608

• Comparable approach

  Method

  Valuation

  Relative Method

  $485,702

  Geo Method

  $326,755

• Alternative Use

  Use

  Valuation

  Residential

  $1,018,375

  Hospitality

  $932,826

  Educational

  $776,100

  Medical

  $802,792

  Retail

  $1,207,267

Location Insight

City

Geneseo

County

Livingston

State

New York

Latitude

42.7986

Longitude

-77.7868

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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