490 Titus AveRochester, NY 14617
- Office buildings
- 3,390 SF
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 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%
- $620,419
- 6.5%
- $572,694
- 7%
- $531,787
-
Comparable approach
- Method
- Valuation
- Relative Method
- $309,704
- Geo Method
- $396,724
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,182,530
- Retail / Commercial
- $595,624
- Mixed-Use / Specialty
- $585,012
- Hospitality / Lodging
- $418,152
- Institutional / Educational
- $605,142
- Residential Income
- $708,017
- Multifamily
- $896,220
- Automotive / Energy
- $518,693
- Parking / Income-Based Land
- $187,382
- Restaurant / Food Service
- $286,151
- Healthcare / Senior Housing
- $608,624
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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