2211 Lyell AveRochester, NY 14606

Property Details for 2211 Lyell Ave

Year built

1990

Lot size

3.00 AC

Property size (Sq ft)

13,397 SF

Zone code

02 - SINGLE RESIDENCE

Property type

Office buildings

APN

262600 104.19-3-1

APU

2626001041931

Description

This exceptional 12,541 square foot office building, situated at 2211 Lyell Ave in Rochester, NY, presents a unique leasing opportunity. The property, constructed in 1990 and classified as Class C, offers versatile space suitable for executive, traditional, or medical office uses. Currently, a single 1,500 square foot suite is available for lease, representing a portion of the building's multiple tenancies. The building sits on a sizable 3.04-acre lot and provides ample parking with 60 spaces for tenants and visitors. Its convenient location just off I-390 ensures easy access for employees and clients. The property is zoned under zoning code 2 within Monroe County and offers a blend of functionality and accessibility. The building's total square footage is 12,541 square feet, with 1,500 square feet currently vacant and ready for immediate occupancy. This presents an excellent opportunity for businesses seeking a well-located, adaptable office space in a thriving Rochester community. The property's diverse zoning allows for a range of potential uses, making it an attractive investment for various business types.

• CAP approach

  CAP return

  Valuation

  6%

  $2,451,840

  6.5%

  $2,263,240

  7%

  $2,101,580

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,223,930

  Geo Method

  $842,805

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,673,280

  Retail / Commercial

  $2,353,860

  Mixed-Use / Specialty

  $2,311,920

  Hospitality / Lodging

  $1,652,500

  Institutional / Educational

  $2,391,470

  Residential Income

  $2,798,020

  Multifamily

  $3,541,790

  Automotive / Energy

  $2,049,830

  Parking / Income-Based Land

  $740,519

  Restaurant / Food Service

  $1,130,850

  Healthcare / Senior Housing

  $2,405,230

Location Insight

City

Rochester

County

Monroe

State

New York

Latitude

43.164

Longitude

-77.6848

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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