490 Titus AveRochester, NY 14617

  • Office properties
  • 3,390 SF
For Lease

Property Details for 490 Titus Ave

Year built
1941
Lot size
0.32 AC
Property size (Sq ft)
3,390 SF
Zone code
07 - MIXED
Property type
Office properties
Property subtype
Office buildings
APN
263400 076.14-3-19
APU
26340007614319

Description

This exceptional Class A medical office building, totaling 4,624 square feet, is situated on a 0.32-acre lot at 490 Titus Avenue in West Irondequoit, NY 14617. The single-tenant property boasts a highly visible location at the intersection of Titus Avenue and Briarwood Drive, just west of Hudson Avenue, offering convenient access to Route 104 via Hudson or Seneca Avenues, and easy access to I-590. The two-story building features 11 parking spaces, with ample patient parking directly in front of the building's main entrance. A secondary entrance with an attached garage is located on the side of the building. The first floor comprises a well-designed layout including a waiting room, multiple treatment rooms, and administrative offices. The building is surrounded by numerous businesses and residential properties, ensuring a strong demographic base. This freestanding medical office presents a unique opportunity for healthcare providers seeking a prominent and easily accessible location within a thriving community. The property's excellent visibility, convenient access, and ample parking make it an ideal setting for a variety of medical practices. The building's strong location and features make it a highly desirable investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $547,428
    6.5%
    $505,318
    7%
    $469,224
  • Comparable approach

    Method
    Valuation
    Relative Method
    $309,704
    Geo Method
    $396,724
  • Alternative Use

    Use
    Valuation
    Residential
    $626,595
    Hospitality
    $573,957
    Educational
    $477,526
    Medical
    $493,949
    Retail
    $742,818
490 Titus Ave, Rochester, New York

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.2108
Longitude
-77.6038
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
-
$78,200
$181,800
$260,000
-
$78,200
$181,800
$260,000

FAQs

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