3450 Winton PlRochester, NY 14623

  • Retail properties
  • 155,035 SF
For Lease

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
3450 Winton Pl, Rochester, New York

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

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
-
$1,542,000
$1,514,000
$3,056,000
-
$2,202,850
$2,162,850
$4,365,700

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