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    55 Greece Center Dr Rochester, NY 14612

    For Lease
    Contact for pricing

    Ground lease or build-to-suit opportunity in a vibrant community.

    Lot size:
    0.16 Acres

    Property Features for 55 Greece Center Dr

    General Information

    Lot size
    0.16 Acres

    Source: Donovan Real Estate Services Agent Brian P Donovan

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

    Overview

    Prime Commercial Land Opportunity

    This commercial space is available on Latta Road at the intersection of Long Pond Road in Greece, a suburb on the northwest side of Rochester, NY. Lot 3 offers up to 6,000 square feet for ground lease or build-to-suit. The location benefits from a strong, vibrant community feel and high traffic, with over 45,000 vehicles passing through the intersection daily. The area features strong national co-tenants and multiple quick-service and daily needs tenants. It is less than 1.5 miles from I-390. Multiple uses are possible, including quick-service restaurants, fast-casual restaurants, banks, financial offices, insurance offices, and medical offices. Ground lease or build-to-suit NNN options are available. Go Carwash and Starbucks are opening in 2023, along with a new dining concept from a local restaurateur. The intersection has a great community feel with Wegmans, Aldi, national and regional banks, pharmacies, and the Greece Town Hall and Public Library, along with a newly-constructed 15,000-square-foot UR Medical building and an apartment complex. Wegmans attracts consumers to the intersection consistently.
    Insight Report Location Intelligence

    Current Use by Public Records

    GO Car Wash Car Wash

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6943531
    Latitude
    43.2501849

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    FAQs

    What type of property is this?
    Commercial land - Ground lease or build-to-suit opportunity in a vibrant community.
    Where is this commercial land located?
    The property is located at 55 Greece Center Dr Rochester, NY.
    What are key features of this property?
    This property features: - High traffic location with over 45,000 AADT.; - Strong co-tenancy with national and regional banks, pharmacies, Wegmans, Aldi, Starbucks, Go Carwash and other QSR/daily tenants.; - Excellent accessibility, less than 1.5 miles from I-390.
    (716) 998-2943
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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
    55 Greece Center Dr Rochester, NY 14612
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