2038 Empire BlvdWebster, NY 14580

Property Details for 2038 Empire Blvd

Year built

2005

Lot size

0.60 AC

Property size (Sq ft)

4,250 SF

Zone code

LB

Property type

Investment properties

Property subtype

Retail residential properties

APN

264200 093.02-1-3

APU

2642000930213

Description

This exceptional retail property, located at 2038 Empire Blvd in Webster, NY (14580), offers 4,250 square feet of versatile space ideal for a variety of uses. Currently housing a successful salon, the property boasts excellent visibility and signage, benefiting from a high traffic count of 17,751 AADT on Empire Blvd (from Bay Rd to Five Mile Line Rd). The location is strategically positioned near major retailers including Tire World/Firestone, Amish Exclusive, Walmart Supercenter, Wegmans, and a movie theater, ensuring high foot traffic and strong demographics. The property is easily accessible from Route 104 and I-590, providing convenient access for customers and employees. The building can be leased as a whole or subdivided into smaller suites to accommodate various business needs. The 0.60-acre site includes approximately 27 shared parking spaces. The property is also available for sale. Lease rate and triple net (NNN) terms are available upon request. More photos are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $851,017

  6.5%

  $785,554

  7%

  $729,443

• Comparable approach

  Method

  Valuation

  Relative Method

  $601,822

  Geo Method

  $860,723

• Alternative Use

  Use

  Valuation

  Residential

  $785,554

  Hospitality

  $719,563

  Educational

  $598,668

  Medical

  $619,257

  Retail

  $931,262

Location Insight

City

Webster

County

Monroe

State

New York

Latitude

43.1959

Longitude

-77.5001

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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