1567 Henrietta RdRochester, NY 14623
- Investment properties
- 11,624 SF
Property Details for 1567 Henrietta Rd
- Year built
- 1972
- Lot size
- 1.00 AC
- Property size (Sq ft)
- 11,624 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 263200 162.06-1-10./M
- APU
- 26320016206110M
Description
This exceptional investment opportunity presents a 11,624 square foot flex space building situated on a one-acre lot at 1567 East Henrietta Road in Rochester, New York, zip code 14623. The single-story, Class B building, constructed in 1972, offers a versatile layout ideal for a variety of businesses. The property features a 12-foot ceiling height and a convenient grade-level loading door, enhancing operational efficiency. Its location within the Genesee Regional Market area provides easy access to a wealth of amenities, including retail establishments, restaurants, and hotels, ensuring convenience for both employees and clients. The property is offered at an asking price of $1,200,000 and is classified as an owner/user investment opportunity for investors. The lease type is Net-Net (NN). This is a prime opportunity to acquire a well-located, functional industrial/office space in a thriving area of Rochester. The property's size and features make it suitable for a range of businesses seeking a flexible and strategically positioned location. The single building structure simplifies management and maintenance. This is a rare opportunity to acquire a well-positioned property in a high-demand area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,327,581
- 6.5%
- $2,148,536
- 7%
- $1,995,069
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,646,019
- Geo Method
- $1,133,462
-
Alternative Use
- Use
- Valuation
- Residential
- $2,148,536
- Hospitality
- $1,968,048
- Educational
- $1,637,392
- Medical
- $1,693,705
- Retail
- $2,547,055
Location Insight
- City
- Rochester
- County
- Monroe
- State
- New York
- Latitude
- 43.0897
- Longitude
- -77.612
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].