Freestanding Retail
For Sale
Contact for pricing
2860 Buffalo Rd, Gates, NY 14624
A lower level adds substantial interior area, with on-site parking and access from Buffalo Road.
Property Size6,632 SF
Lot Size0.65 Acres
Price / SF$0.01
Days on Market25
Property Features for 2860 Buffalo Rd
General Information
Standard status
Active
Size
6,632 SF
Total Parking Spaces
30
Lot size
0.65 Acres
Property subtype
Commercial
Additional Details
Condition
Move-in Ready
Road Access
Yes
Property Use
Office
Building Details
Year Built
2004
Buildings
1
Building Size
6,632 SF
Listing Agency:
Blue Arrow Real Estate
(585) 398-7770
Listed By:
Angelo J. Prestigiacomo · License #10491211139
(585) 509-2645
Source:
Prestigefamilyrealty
Added: Oct 8
Changed: Nov 1
Last Checked: Nov 1 at 1:43AM
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 Blue Arrow Real Estate
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Investment Insights
Based on property information with market context.
This freestanding retail property was built in 2004 and includes 3,376 square feet above grade, plus a 3,256-square-foot lower level. The property occupies a 0.65-acre parcel and has 30 on-site parking spaces.
The building fronts Buffalo Road (Route 33) in Gates, with entry and exit directly from the road. Its interior is described as suitable for retail, office, medical, and professional service uses.
The building fronts Buffalo Road (Route 33) in Gates, with entry and exit directly from the road. Its interior is described as suitable for retail, office, medical, and professional service uses.
Key Highlights
- 3,376‑SF building with an additional 3,256 SF in the lower level
- Built in 2004 on a 0.65‑acre parcel
- 30 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,787
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,740
$915.7K
Cap Rate 7%
$654,100
$654.1K
Cap Rate 9%
$508,744
$508.7K
Market Conditions
NOI Build-Up for 3,376 SF
Gross rent
$72.9K $21.60/SF
− Vacancy
−$7.5K −$2.22/SF
EGI
$65.4K $19.38/SF
− OpEx
−$19.6K −$5.81/SF
NOI
$45.8K $13.56/SF
Area
Rochester, NY
Vacancy
10.30%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,740
Cap Rate 7%
$654,100
Cap Rate 9%
$508,744
Alternative Uses
Best Use
Retail
$654.1K
$572.3K – $763.1K
NOI $45,787 @ 7.0% cap · market cap 228,935.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$924.8K
$809.2K – $1.08M
NOI $64,738 @ 7.0% cap · market cap 323,690.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Shops & Services 14%
Dunkin' Donuts
Dining
11,021 visits/mo
0.1 miles
Abbott's Frozen Custard
Dining
2,339 visits/mo
0.4 miles
KeyBank
Shops & Services
2,237 visits/mo
0.2 miles
Demographics for 14624, NY
37,200
Population
15,865
Households
2.3
Avg Household Size
43
Median Age
33%
College-Educated
94%
High-School Grad
27.4 sq mi
ZIP Area
1,358
Density / Sq Mi
$86,046
Median Household Income
$45,723
Median Earnings
$1,249
Median Rent
$172,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - A lower level adds substantial interior area, with on-site parking and access from Buffalo Road.
Where is this retail space located?
The property is located at 2860 Buffalo Rd Gates, NY.
What are key features of this property?
This property features: 3,376‑SF building with an additional 3,256 SF in the lower level; Built in 2004 on a 0.65‑acre parcel; 30 on‑site parking spaces
