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    1600 Penfield Rd Rochester, NY 14625

    For Lease
    Contact for pricing

    Prime commercial land available for ground lease or build-to-suit.

    Lot size:
    0.68 Acres

    Property Features for 1600 Penfield Rd

    General Information

    Lot size
    0.68 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

    Shovel Ready Lot For Lease

    This shovel-ready lot offers excellent visibility from both directions and is situated across from a large grocery-anchored shopping center. Available for ground lease or reverse build-to-suit for credited tenants, the site is ideally suited for banks, ATMs, or quick-service restaurants. Located on Penfield Road in the town of Penfield, across from Panorama Plaza, the property is in the heart of a trade area serving the suburbs of Penfield, Brighton, and East Rochester, as well as communities on the east side of the City of Rochester. This location benefits from a large and diverse trade area population comprised of college-educated working professionals in the middle- to upper-middle class. The site is just three minutes from NY-441, a major east-west road in the Rochester MSA. Nearby retailers include Tops, Home Depot, Planet Fitness, Walgreens, Rite Aid, M&T Bank, Citizens Bank, Burger King, Popeyes, Dollar Tree, Advance Auto Parts, and Harbor Freight.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery 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
    -77.494687
    Latitude
    43.134786

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land available for ground lease or build-to-suit.
    Where is this commercial land located?
    The property is located at 1600 Penfield Rd Rochester, NY.
    What are key features of this property?
    This property features: - High-visibility location directly across from Panorama Plaza, a large, grocery-anchored shopping center.; - Shovel-ready lot available for ground lease or reverse build-to-suit.; - Ideal for banks, ATMs, or QSR tenants.
    (716) 998-2943
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    1600 Penfield Rd Rochester, NY 14625
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    Rochester, NY 14625
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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
    1600 Penfield Rd Rochester, NY 14625
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