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Flex Property With Two Buildings
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2200 State Route 14, Geneva, NY 14456

Two-building layout supports light industrial, warehouse, retail, or office operations.

Property Size5,800 SF
Lot Size7.00 Acres
Price / SF$84.31
Days on Market89

Property Features for 2200 State Route 14

General Information

Standard status Active
Size 5,800 SF
Lot size 7.00 Acres
Property subtype INDUSTRIAL

Additional Details

Road Access Yes

Building Details

Buildings 2
Listing Agency: Century 21 - Hometown Realty | San Luis Obispo
Listed By: Kenneth Harris · License #00497905
Source: Moodyscre
Added: Jul 27 Changed: Oct 8 Last Checked: Oct 23 at 5:31AM

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 Century 21 - Hometown Realty | San Luis Obispo

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Investment Insights

Based on property information with market context.

This flex property includes two buildings with a combined 5,800 square feet of flexible commercial space. The layout is suited to light industrial, warehouse, retail, or office operations, with room for expansion and ample parking across the 7-acre site.

Located on State Route 14 in Geneva, the property offers access to a high-traffic commercial corridor and sits minutes from the New York State Thruway at I-90. Its position between Rochester and Syracuse places it within the Finger Lakes region and supports business and distribution uses serving Upstate New York.

Key Highlights

  • Two buildings with a combined 5,800 square feet of flexible commercial space
  • 7‑acre commercial site with room for expansion
  • Suitable for light industrial, warehouse, retail, or office operations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,278
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,560 $865.6K
Cap Rate 7%
$618,257 $618.3K
Cap Rate 9%
$480,867 $480.9K
Market Conditions
NOI Build-Up for 5,800 SF
Gross rent
$55.0K $9.48/SF
− Vacancy
−$4.1K −$0.70/SF
EGI
$50.9K $8.78/SF
− OpEx
−$7.6K −$1.32/SF
NOI
$43.3K $7.46/SF
Area
Ontario County, NY
Vacancy
7.40%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,560
Cap Rate 7%
$618,257
Cap Rate 9%
$480,867

Alternative Uses

Best Use
Office B
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,832 @ 7.0% cap · market cap 18.98%
Second Best
Retail
$1.07M
$937.2K – $1.25M (±1% cap)
NOI $74,976 @ 7.0% cap · market cap 15.33%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,522 @ 7.0% cap · market cap 24.85%
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

Flex space

Suggested Use

Top Pick Auto Parts Store Building Supply Auto Repair Shop Electrical Service Plumbing Service Pet Grooming Service

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 14456, NY

19,602
Population
9,087
Households
2.2
Avg Household Size
38
Median Age
34%
College-Educated
90%
High-School Grad
77.3 sq mi
ZIP Area
254
Density / Sq Mi
$74,691
Median Household Income
$38,782
Median Earnings
$967
Median Rent
$166,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Two-building layout supports light industrial, warehouse, retail, or office operations.
Where is this flex space located?
The property is located at 2200 State Route 14 Geneva, NY.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Two buildings with a combined 5,800 square feet of flexible commercial space; 7‑acre commercial site with room for expansion; Suitable for light industrial, warehouse, retail, or office operations
(650) 796-2121 Call to check price and availability
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