120 Marina DrGreece, NY 14626

Property Details for 120 Marina Dr

Year built

2022

Lot size

1.38 AC

Property size (Sq ft)

22,000 SF

Property type

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.

• CAP approach

  CAP return

  Valuation

  6%

  $4,026,320

  6.5%

  $3,716,600

  7%

  $3,451,130

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,009,880

  Geo Method

  $1,384,020

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $7,674,260

  Retail / Commercial

  $3,865,410

  Mixed-Use / Specialty

  $3,796,540

  Hospitality / Lodging

  $2,713,670

  Institutional / Educational

  $3,927,180

  Residential Income

  $4,594,800

  Multifamily

  $5,816,180

  Automotive / Energy

  $3,366,150

  Parking / Income-Based Land

  $1,216,050

  Restaurant / Food Service

  $1,857,030

  Healthcare / Senior Housing

  $3,949,770

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

FAQs

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