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    1908 W Ridge Rd Rochester, NY 14622

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    For Sale
    $4,172,000

    Retail property with tenant exercising option for additional 8 years.

    Property size:
    5,500 SF
    Lot size:
    1.70 Acres

    Property Features for 1908 W Ridge Rd

    General Information

    Size
    5,500 SF
    Lot size
    1.70 Acres

    Source: SRS Industrial - Newport Beach Agent Matthew Mousavi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property with Long-Term Tenant

    This retail property features a tenant who recently exercised their option period for an additional 8 years, with 2 (5-year) options remaining. The lease includes 10% rental increases at the beginning of the remaining option periods. The property has a size of 5500 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Thomas Music Inc Musical Instrument Repair Shop Verizon Business Services Business To Business Service Verizon Cell Phone Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.5666043
    Latitude
    43.2021712

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    FAQs

    What type of property is this?
    Retail space - Retail property with tenant exercising option for additional 8 years.
    Where is this retail space located?
    The property is located at 1908 W Ridge Rd Rochester, NY.
    What is the asking price?
    The asking price for this property is $4,172,000.
    What are key features of this property?
    This property features: - Long-term tenant in place, providing stability.; - Tenant exercised option for an additional 8 years, demonstrating commitment to the location.; - Lease includes 10% rental increases at option periods, growing NOI.
    (949) 698-1116
    Request Owner's contact information
    1908 W Ridge Rd Rochester, NY 14622
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    Rochester, NY 14622
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1908 W Ridge Rd Rochester, NY 14622
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