120 Marina DrGreece, NY 14626

  • Office properties
  • 22,000 SF
For Lease
$20/SF/YR View listing

Property Details for 120 Marina Dr

Year built
2022
Lot size
1.38 AC
Property size (Sq ft)
22,000 SF
Property type
Office properties
Property subtype
Office buildings
APN
262800 089.03-4-22.2
APU
262800089034222

Description

This exceptional Class A office building, located at 120 Marina Dr in Greece, NY, offers 9,000 square feet of immediately available space within a larger 22,000 square foot building. Completed in 2023, this three-story property boasts a modern design and is ideally suited for a variety of office uses, including traditional, creative, and executive office settings. The building features multiple tenancies, providing flexibility for businesses of all sizes. The available space is situated within a vibrant community, offering convenient access to the Canal Park Trails. A significant advantage is the inclusion of a fully equipped third-floor common area, at no additional cost, featuring a training area, kitchen, and fitness center. This amenity package enhances employee well-being and productivity. The property's location in Monroe County, New York, provides easy access to major transportation routes and local amenities. The building's modern design and prime location make it an attractive option for businesses seeking a high-quality workspace in a desirable setting. With 9,000 square feet ready for immediate occupancy, this is a rare opportunity to secure premium office space in a newly constructed building. The zip code is 14626.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,552,632
    6.5%
    $3,279,352
    7%
    $3,045,113
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,009,880
    Geo Method
    $1,384,020
  • Alternative Use

    Use
    Valuation
    Residential
    $4,066,397
    Hospitality
    $3,724,798
    Educational
    $3,098,988
    Medical
    $3,205,567
    Retail
    $4,820,648
120 Marina Dr, Greece, New York

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.1827
Longitude
-77.6973
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
-
$360,100
$1,462,100
$1,822,200
-
$418,721
$1,700,116
$2,118,837

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