1180 Jefferson RdRochester, NY 14623

Property Details for 1180 Jefferson Rd

Year built

1975

Lot size

14.77 AC

Property size (Sq ft)

106,242 SF

Zone code

06 - INDUSTRIAL

Property type

Office buildings

APN

263200 162.07-1-12

APU

26320016207112

Description

This exceptional 105,000 square foot storefront retail property, located at 1180 Jefferson Rd in Rochester, NY, presents a unique owner/user investment opportunity. Built in 1975 and renovated in 2002, the building sits on a five-acre lot and boasts a highly desirable location at a full interchange of Interstate I-390, ensuring maximum visibility and accessibility. The property is zoned 06 and features an impressive 18-foot ceiling height, providing ample space for various retail configurations. Three loading docks equipped with levelers facilitate efficient logistics. Recent upgrades include a new roof and HVAC system, minimizing maintenance concerns and maximizing energy efficiency. The high parking ratio ensures ample space for customers and employees. This prime retail space offers significant potential for a wide range of businesses seeking a prominent location with excellent infrastructure and accessibility in the thriving Rochester market. The property's size, location, and recent improvements make it an ideal investment for businesses seeking a substantial and well-maintained space. The zip code is 14623.

• CAP approach

  CAP return

  Valuation

  6%

  $17,156,304

  6.5%

  $15,836,588

  7%

  $14,705,403

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,706,076

  Geo Method

  $6,683,684

• Alternative Use

  Use

  Valuation

  Residential Income

  $19,637,368

  Hospitality / Lodging

  $17,987,724

  Institutional / Educational

  $14,965,575

  Healthcare / Senior Housing

  $15,480,265

  Retail / Commercial

  $23,279,784

Location Insight

City

Rochester

County

Monroe

State

New York

Latitude

43.0888

Longitude

-77.602

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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