3450 Winton PlRochester, NY 14623
- Retail properties
- 155,035 SF
Property Details for 3450 Winton Pl
- Year built
- 1971
- Lot size
- 18.90 AC
- Property size (Sq ft)
- 155,035 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 262000 150.17-3-1
- APU
- 2620001501731
Description
Winton Place Shopping Center presents a unique investment opportunity in a thriving neighborhood location. This single-story, 155,035 square foot mixed-use property, built in 1971, offers a variety of spaces ideal for retail, office, or restaurant uses. Currently, four suites are available, ranging in size from a compact 951 square feet to a substantial 9,315 square feet, providing flexibility for businesses of various scales. The center boasts a total of 22 suites, indicating a strong existing tenant base and established community presence. Its strategic location offers excellent visibility and accessibility, situated just one mile from the intersection of Interstates 590 and 390, ensuring convenient access for both employees and customers. Ample parking is available, and the property benefits from signalized access, enhancing traffic flow and ease of entry and exit. Furthermore, Winton Place enjoys a high-traffic location, with 21,999 vehicles passing daily on South Winton Road, and is only 2.3 miles from the busy retail corridor on Jefferson Road, guaranteeing significant foot traffic and exposure. While lacking elevators, the single-story design promotes ease of navigation. Electricity is available on-site. This property offers a compelling blend of established infrastructure and prime location, making it an attractive proposition for businesses seeking a well-positioned space within a bustling commercial area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $36,802,268
- 6.5%
- $33,971,324
- 7%
- $31,544,800
-
Comparable approach
- Method
- Valuation
- Relative Method
- $35,692,564
- Geo Method
- $29,863,964
-
Alternative Use
- Use
- Valuation
- Residential
- $28,656,082
- Hospitality
- $26,248,818
- Educational
- $21,838,708
- Medical
- $22,589,774
- Retail
- $33,971,324
Location Insight
- City
- Rochester
- County
- Monroe
- State
- New York
- Latitude
- 43.0971
- Longitude
- -77.5787
- 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
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