4135 Henrietta RdRochester, NY 14623
- Investment properties
- 3,031 SF
Property Details for 4135 Henrietta Rd
- Year built
- 1955
- Lot size
- 2.78 AC
- Property size (Sq ft)
- 3,031 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 263200 175.07-1-1
- APU
- 2632001750711
Description
This exceptional investment opportunity presents two contiguous parcels totaling 159,429 square feet located at 4135 and 4147 West Henrietta Road in Rochester, New York. The property boasts a highly desirable B-1 Commercial zoning designation, offering a wide range of potential uses. Currently, the site features two income-producing structures: a retail building and a single-family residence, both of which are currently leased. This presents a strong immediate return on investment with potential for future development or expansion. The combined parcels offer significant potential for redevelopment or continued rental income. The property's convenient location on West Henrietta Road provides excellent visibility and accessibility. The two tax accounts associated with the property are 175.070-1-1 and 175.070-1-2. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Rochester location. The asking price for this remarkable property is $749,000. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $606,925
- 6.5%
- $560,239
- 7%
- $520,222
-
Comparable approach
- Method
- Valuation
- Relative Method
- $429,205
- Geo Method
- $295,554
-
Alternative Use
- Use
- Valuation
- Residential
- $560,239
- Hospitality
- $513,176
- Educational
- $426,956
- Medical
- $441,640
- Retail
- $664,154
Location Insight
- City
- Rochester
- County
- Monroe
- State
- New York
- Latitude
- 43.0701
- Longitude
- -77.6474
- 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
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