Flex Space with Rear Loading
For Sale
Contact for pricing
1181 N Greece Rd, Rochester, NY 14626
Flex space featuring a rear loading dock, 10 at-grade overhead doors, and a wide open floor plan.
Property Size20,677 SF
Price / SF$110.99
Days on Market17
Property Features for 1181 N Greece Rd
General Information
Standard status
Active
Size
20,677 SF
Property subtype
RETAIL
Warehouse & Industrial
Drive-In Doors
10
Loading
Rear Load
Listing Agency:
Donovan Real Estate Services
(716) 998-2943
Listed By:
Joseph F. "Joe" Rowley, Jr. · License #10491202934
(585) 820-3153
Source:
Moodyscre
Added: Jul 16
Changed: Jul 29
Last Checked: Jul 31 at 11:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Donovan Real Estate Services
Investment Insights
Based on property information with market context.
Flex space totaling 20,677 SF with a wide open floor plan designed for adaptable use. The property includes a rear loading dock and 10 at-grade overhead doors to support loading and tenant operations.
The building is located at 1181 N Greece Rd, Rochester, NY 14626, providing practical, flexible space for users that need both office and warehouse-style functionality.
The open layout and door configuration make the space suitable for tenants seeking flexible space where layout can be tailored to their workflow. It can be used as flex space as well.
The building is located at 1181 N Greece Rd, Rochester, NY 14626, providing practical, flexible space for users that need both office and warehouse-style functionality.
The open layout and door configuration make the space suitable for tenants seeking flexible space where layout can be tailored to their workflow. It can be used as flex space as well.
Key Highlights
- 20,677 SF flex space
- Rear loading dock
- 10 at‑grade overhead doors
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $322.6k | $15.60 |
| − Vacancy | −$21.3k | −$1.03 |
| EGI | $301.3k | $14.57 |
| − OpEx | −$90.4k | −$4.37 |
| NOI | $210.9k | $10.20 |
20,677 SF · lease $15.60/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$3.66M
$3.20M – $4.27M
NOI $256,081 @ 7.0% cap · market cap 11.16%
Second Best
Industrial
$3.01M
$2.64M – $3.51M
NOI $210,891 @ 7.0% cap · market cap 9.19%
Theoretical Best
Office A
$5.66M
$4.96M – $6.61M
NOI $396,502 @ 7.0% cap · market cap 17.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
10
Drive-in doors
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14626, NY
30,032
Population
13,717
Households
2.2
Avg Household Size
47
Median Age
32%
College-Educated
91%
High-School Grad
13.4 sq mi
ZIP Area
2,241
Density / Sq Mi
$78,785
Median Household Income
$47,479
Median Earnings
$1,206
Median Rent
$185,300
Median Home Value
Market
Vacancy Rate% for Industrial in Rochester, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space featuring a rear loading dock, 10 at-grade overhead doors, and a wide open floor plan.
Where is this flex space located?
The property is located at 1181 N Greece Rd Rochester, NY.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 20,677 SF flex space; Rear loading dock; 10 at‑grade overhead doors
