4235 Veteran DrGeneseo, NY 14454

Property Details for 4235 Veteran Dr

Year built

2005

Lot size

25.17 AC

Property size (Sq ft)

206,445 SF

Zone code

05 - COMMERCIAL

Property type

Community centers

APN

242601 81.10-1-5.21

APU

24260181101521

Description

This exceptional 1.21-acre commercial land parcel is ideally situated at 4235 Veteran Drive in Geneseo, New York, within Livingston County, and boasts a prime location in a thriving retail environment. The property, identified by APN 242601-081-010-0001-005-003-0000 and zoned MU-2 (Mixed Use), offers significant development potential. Its strategic placement near national retailers, office buildings, and medical facilities ensures high visibility and accessibility. The site benefits from its proximity to the State University of New York at Geneseo, less than six minutes away, with an enrollment exceeding 5,540 students. This presents a unique opportunity to capitalize on the substantial student population and the surrounding community's robust commercial activity. A proposed mixed-use development at the northeast quadrant of Lakeville Road and Volunteer Road further enhances the area's growth potential. This property presents a rare chance to acquire a well-located commercial lot with significant upside in a dynamic and growing market. The zip code is 14454.

• CAP approach

  CAP return

  Valuation

  6%

  $51,983,796

  6.5%

  $47,985,044

  7%

  $44,557,540

• Comparable approach

  Method

  Valuation

  Relative Method

  $48,648,932

  Geo Method

  $32,728,386

• Alternative Use

  Use

  Valuation

  Residential

  $40,477,180

  Hospitality

  $37,076,880

  Educational

  $30,847,528

  Medical

  $31,908,422

  Retail

  $47,985,044

Location Insight

City

Geneseo

County

Livingston

State

New York

Latitude

42.8022

Longitude

-77.7882

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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