765 Jefferson RdRochester, NY 14623

  • Office buildings
  • 111,474 SF
For Lease
$18/SF/YR View listing

Property Details for 765 Jefferson Rd

Year built
1990
Lot size
2.59 AC
Property size (Sq ft)
111,474 SF
Zone code
06 - INDUSTRIAL
Property type
Office buildings
APN
263200 162.09-1-2.002
APU
2632001620912002

Description

This exceptional Class A office building, located at 765 Jefferson Rd in Henrietta, NY, offers a prime opportunity for businesses seeking versatile and well-appointed space. The four-story building, constructed in 1958 and renovated in 1991, boasts a total of 96,000 square feet, with 8,967 square feet currently available. The property sits on 39.94 acres of land and features ample parking with 425 spaces. The building's traditional office layout is complemented by executive and creative office suite options, catering to a diverse range of business needs. Multiple tenancy is available, with spaces ranging from 1,655 to 4,600 square feet, offering flexibility for expansion or consolidation. Benefit from abundant natural light thanks to large windows throughout. Its convenient location offers easy access to major expressways and the New York State Thruway, placing it within a 20-minute commute of Downtown Rochester. The property is zoned 06 and is situated in Monroe County, NY, zip code 14623. The building's prime location and versatile space make it an ideal choice for businesses seeking a prestigious and functional office environment. Full floor opportunities may be available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $20,401,300
    6.5%
    $18,832,000
    7%
    $17,486,900
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,184,100
    Geo Method
    $7,012,830
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $38,885,500
    Retail / Commercial
    $19,586,000
    Mixed-Use / Specialty
    $19,237,000
    Hospitality / Lodging
    $13,750,200
    Institutional / Educational
    $19,899,000
    Residential Income
    $23,281,800
    Multifamily
    $29,470,600
    Automotive / Energy
    $17,056,300
    Parking / Income-Based Land
    $6,161,720
    Restaurant / Food Service
    $9,409,570
    Healthcare / Senior Housing
    $20,013,500

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.0867
Longitude
-77.6218
CBSA code
40380
CBSA name
ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$621,600
$3,528,400
$4,150,000
-
$621,600
$3,528,400
$4,150,000

FAQs

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