10 Carriage StHoneoye Falls, NY 14472

Property Details for 10 Carriage St

Year built

1990

Lot size

12.41 AC

Property size (Sq ft)

80,736 SF

Zone code

05 - COMMERCIAL

Property type

Office buildings

APN

263601 228.11-1-87

APU

26360122811187

Description

This exceptional 30,900-square-foot industrial property, located at 10 Carriage Street in Honeoye Falls, New York, 14472, presents a unique opportunity for research and development in the hydrogen sector. The facility, formerly the GM Hydrogen Fuel Cell Research Center, boasts seventeen plus deflagration-designed labs, each equipped with essential utilities including compressed air, nitrogen, hydrogen, deionized water, steam, natural gas, and substantial electrical capacity. The property includes a fully functional anechoic chamber, ideal for acoustic testing and research, and a decommissioned clean room, offering potential for repurposing or renovation. The single-tenant building is currently vacant, providing immediate occupancy for a new owner or lessee. Its strategic location in Honeoye Falls, New York, offers access to a skilled workforce and a supportive business environment. This turnkey facility is ready for immediate use by a company seeking state-of-the-art infrastructure for hydrogen research and development. The building's substantial size and specialized equipment make it an unparalleled opportunity in the burgeoning hydrogen energy market. The property's existing infrastructure significantly reduces the time and cost associated with setting up a new research facility. This is a rare chance to acquire a fully equipped, ready-to-occupy hydrogen research and development center.

• CAP approach

  CAP return

  Valuation

  6%

  $13,037,512

  6.5%

  $12,034,626

  7%

  $11,175,010

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,375,894

  Geo Method

  $5,079,102

• Alternative Use

  Use

  Valuation

  Residential

  $14,922,936

  Hospitality

  $13,669,330

  Educational

  $11,372,722

  Medical

  $11,763,847

  Retail

  $17,690,900

Location Insight

City

Honeoye Falls

County

Monroe

State

New York

Latitude

42.9517

Longitude

-77.5984

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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