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Warehouse with Office and Dock Doors
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1604 Wayneport Rd, Macedon, NY 14502

Warehouse with an 8,000± SF office, two dock positions with levelers, and grade-level loading doors.

Property Size19,850 SF
Price / SF$85.64
Days on Market114

Property Features for 1604 Wayneport Rd

General Information

Standard status Active
Size 19,850 SF
Property subtype INDUSTRIAL
Listing Agency: CBRE | Rochester
Listed By: Patrick Wahl · License #10401253005
Source: Moodyscre
Added: Jul 9 Changed: Oct 25 Last Checked: Oct 30 at 2:18PM

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 CBRE | Rochester

Rey
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Investment Insights

Based on property information with market context.

This warehouse property includes 19,850± SF of industrial space with an 8,000± SF office. Loading features consist of two loading docks with hydraulic levelers and dock seals, along with two grade-level doors measuring 14’H x 12’W. Clear height ranges from 20’ to 24’, and the warehouse has LED lighting, partial AC, sprinklers throughout, and a standing seam metal roof. The building also includes a compressed air grid and is served by 400 amps at 208 volts, 3 phase. Built in 1998 and expanded in 2000, it offers a well-suited industrial layout for operations that need both dock and drive-in access.

The property is located at 1604 Wayneport Rd in Macedon, NY 14502.

Key Highlights

  • 19,850± SF warehouse with 8,000± SF office space
  • Two loading docks with hydraulic levelers and dock seals
  • Two grade level doors (14’H x 12’W) plus 20’–24’ clear height

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$149,075
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,981,500 $3.0M
Cap Rate 7%
$2,129,643 $2.1M
Cap Rate 9%
$1,656,389 $1.7M
Market Conditions
NOI Build-Up for 19,850 SF
Gross rent
$188.2K $9.48/SF
− Vacancy
−$12.8K −$0.64/SF
EGI
$175.4K $8.84/SF
− OpEx
−$26.3K −$1.33/SF
NOI
$149.1K $7.51/SF
Area
Wayne County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,981,500
Cap Rate 7%
$2,129,643
Cap Rate 9%
$1,656,389

Alternative Uses

Best Use
Warehouse
$2.13M
$1.86M – $2.48M (±1% cap)
NOI $149,075 @ 7.0% cap · market cap 8.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.35M
$4.68M – $6.24M (±1% cap)
NOI $374,307 @ 7.0% cap · market cap 22.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Apogee Advertising Agency

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store Building Supply Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby
Well-served
Demand for This Use

Demographics for 14502, NY

10,760
Population
4,769
Households
2.3
Avg Household Size
43
Median Age
41%
College-Educated
94%
High-School Grad
35.8 sq mi
ZIP Area
301
Density / Sq Mi
$83,224
Median Household Income
$57,038
Median Earnings
$999
Median Rent
$219,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • O-P Mini Storage — 1599 Wayneport Rd, Macedon, NY 14502
  • FLX Auto Storage — 384 East Ave, Macedon, NY 14502

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse with an 8,000± SF office, two dock positions with levelers, and grade-level loading doors.
Where is this warehouse located?
The property is located at 1604 Wayneport Rd Macedon, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 19,850± SF warehouse with 8,000± SF office space; Two loading docks with hydraulic levelers and dock seals; Two grade level doors (14’H x 12’W) plus 20’–24’ clear height
(585) 474-1437 · Office Call to check price and availability
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