250 Main StVictor, NY 14564

Property Details for 250 Main St

Lot size

1.30 AC

Zone code

B

Property type

Banks

APN

324801 16.17-2-12.100

APU

3248011617212100

Description

This exceptional 1-acre development site, located at 250 W Main St in the Village of Victor, New York (zip code 14564), is offered for sale at $500,000. This prime commercial land presents a unique opportunity for mixed-use development. Situated in Ontario County, NY, the property boasts excellent visibility and pylon signage potential, ensuring high exposure for any future development. The strategic location on W Main St experiences substantial daily traffic, with counts reaching 25,279 vehicles per day. This high traffic volume translates to significant potential for attracting customers and maximizing the return on investment. The versatility of the site allows for a multitude of development possibilities, catering to a wide range of commercial ventures. The property's latitude and longitude coordinates are 42.9865609 and -77.4173703 respectively. This is a rare chance to acquire a highly visible and strategically located development site in a thriving New York community. The property is zoned for commercial use. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $13,442,376

  6.5%

  $12,408,347

  7%

  $11,522,037

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,037,047

  Geo Method

  $18,645,516

• Alternative Use

  Use

  Valuation

  Residential

  $10,466,905

  Hospitality

  $9,587,629

  Educational

  $7,976,794

  Medical

  $8,251,129

  Retail

  $12,408,347

Location Insight

City

Victor

County

Ontario

State

New York

Latitude

42.9867

Longitude

-77.4172

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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