300 Buell RdGates, NY 14624

Property Details for 300 Buell Rd

Year built

1968

Lot size

0.75 AC

Property size (Sq ft)

9,690 SF

Zone code

06 - INDUSTRIAL

Property type

Office properties

Property subtype

Office buildings

APN

262600 135.05-1-18

APU

26260013505118

Description

This exceptional 9,690 square foot office and light industrial property, situated on a 0.75-acre lot at 300 Buell Road in Gates, NY, presents a compelling investment opportunity. Conveniently located just off Interstate 390 and within close proximity to the Greater Rochester International Airport, this property boasts a prime location for businesses seeking easy access to major transportation routes. Currently occupied by two tenants (please do not disturb), this building offers a strong potential for return on investment, estimated at over 10%. The interior features tile flooring in some areas. Detailed operating expenses will be provided upon request. A significant advantage is the inclusion of a diesel generator, ensuring reliable power backup in case of outages. This makes the property attractive to businesses requiring uninterrupted operations. The property's versatile nature, combined with its strategic location and strong tenant occupancy, makes it an ideal investment for discerning buyers seeking a stable and profitable asset in a thriving market. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,564,773

  6.5%

  $1,444,406

  7%

  $1,341,234

• Comparable approach

  Method

  Valuation

  Relative Method

  $885,261

  Geo Method

  $609,598

• Alternative Use

  Use

  Valuation

  Residential

  $1,791,063

  Hospitality

  $1,640,604

  Educational

  $1,364,963

  Medical

  $1,411,906

  Retail

  $2,123,276

Location Insight

City

Rochester

County

Monroe

State

New York

Latitude

43.134

Longitude

-77.6652

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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