1425 Mount Read BlvdRochester, NY 14606

Property Details for 1425 Mount Read Blvd

Year built

1976

Lot size

1.25 AC

Property size (Sq ft)

25,303 SF

Property type

Office buildings

APN

261400 105.22-1-2.002

APU

2614001052212002

Description

This exceptional Class A office building, located at 1425 Mt. Read Blvd, Rochester, NY 14606, offers 27,500 square feet of versatile space across three stories. Situated on a 2-acre lot, the property boasts ample parking and three convenient entrances. The 1995-built building features a striking masonry and glass facade, and has undergone recent renovations including new flooring, wall coverings, an elevator, and a refreshed fascia. The interior is fully air-conditioned and sprinklered, with restroom facilities on each floor and elevator access for easy navigation. Currently, 2,012 square feet is available for lease, with suite sizes ranging from 900 to 2,000 square feet. The property's location on Mt. Read Blvd, near Lexington Ave, provides excellent visibility and accessibility. The building's adaptable design caters to a variety of office needs, including traditional office, executive office, coworking, medical office, and creative office spaces. The property's APN is 261400-105-220-0001-002-002-0000. This is a rare opportunity to acquire a well-maintained, highly functional office building in a desirable Rochester location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,630,810

  6.5%

  $4,274,600

  7%

  $3,969,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,311,640

  Geo Method

  $1,591,810

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,826,450

  Retail / Commercial

  $4,445,750

  Mixed-Use / Specialty

  $4,366,540

  Hospitality / Lodging

  $3,121,090

  Institutional / Educational

  $4,516,790

  Residential Income

  $5,284,640

  Multifamily

  $6,689,400

  Automotive / Energy

  $3,871,530

  Parking / Income-Based Land

  $1,398,620

  Restaurant / Food Service

  $2,135,840

  Healthcare / Senior Housing

  $4,542,780

Location Insight

City

Rochester

County

Monroe

State

New York

Latitude

43.1797

Longitude

-77.66

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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