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Property profile & analytics
FOR SALE
Commercial real estate

23 Pannell Cir Fairport, NY 14450

43,560 SF 15.82 ac lot Built 1970
Property ID
US63-3063374
Property summary
AI-generated overview

This exceptional 43,560 square foot commercial property, situated on a sprawling 15.82-acre lot in Fairport, New York, presents a unique investment opportunity. Conveniently located off Route 31, this expansive parcel enjoys excellent visibility and accessibility, offering easy commutes to nearby Victor and Macedon. Previously utilized as Lucas Greenhouses, the land is remarkably versatile and adaptable to a wide range of commercial, agricultural, or even residential developments. The existing infrastructure provides a solid foundation for future projects, minimizing initial development costs. The property's substantial size allows for significant expansion and customization, catering to ambitious projects requiring ample space. Its prime location within a thriving community ensures strong potential for return on investment. This blank canvas awaits your vision, offering the chance to create a thriving business or residential community in a highly desirable area. The property's zoning and permitted uses should be independently verified. Serious inquiries only. The asking price is $599,900.

Property profile
Verified
Property type Commercial real estate
Year built 1970
Total area 43,560 SF
Lot 15.82 ac (689,119 SF)
UPID US63-3063374
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lucas Greenhouses Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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