3019 East Henrietta Rd, Henrietta, NY 14467

Building Details

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Listing Agency: Empire Realty Group Show Phone

Listed By: Linnea F. Muller · License NY #10401347349 Show Phone

Source: Nicholcityrealty

Added: Sep 22 Changed: Nov 2 Last Checked: Nov 8 at 5:56AM

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Investment Insights

Based on property information with market context.

This two-level flex property contains 4,000 square feet, divided evenly between upper and lower floors. Recent work includes new bathrooms, fresh paint on the upper level, and new subflooring in the upstairs area. The lower floor adds functional workspace with garage-door access measuring 8 feet high by 6 feet wide, supporting storage, equipment, inventory, deliveries, or other operational needs.

Located at 3019 East Henrietta Road in Henrietta, the property offers access to surrounding businesses, major roadways, shopping, and the greater Rochester area. The building combines improved professional space above with a practical lower-level configuration for business operations.

Key Highlights

• 4,000‑square‑foot flex property with 2,000 square feet on each of two levels
• Upper level includes fresh paint and new subflooring
• New bathrooms completed as part of recent property improvements

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$17,950

Cap Rate

4.49%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$359,000 $359.0K

Cap Rate 7%

$256,429 $256.4K

Cap Rate 9%

$199,444 $199.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,000 SF

Gross rent

$27.3K $6.82/SF

− Vacancy

−$1.6K −$0.41/SF

EGI

$25.6K $6.41/SF

− OpEx

−$7.7K −$1.92/SF

NOI

$18.0K $4.49/SF

Area

Monroe County, NY

Vacancy

6.00%

Lease Rate

$6.82 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$359,000

Cap Rate 7%

$256,429

Cap Rate 9%

$199,444

Alternative Uses

Best Use

Industrial

$256.4K

$224.4K – $299.2K (±1% cap)

NOI $17,950 @ 7.0% cap · market cap 4.49%

Second Best

Flex RnD

$238.8K

$209.0K – $278.6K (±1% cap)

NOI $16,717 @ 7.0% cap · market cap 4.18%

Theoretical Best

Specialty Retail

$767.9K

$671.9K – $895.9K (±1% cap)

NOI $53,752 @ 7.0% cap · market cap 13.44%

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

N S Fasteners Building Supply

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Spa & Massage Center Auto Repair Shop

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

1

Drive-in doors

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

286

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 14467, NY

9,526

Population

4,561

Households

2.1

Avg Household Size

44

Median Age

44%

College-Educated

94%

High-School Grad

10.3 sq mi

ZIP Area

925

Density / Sq Mi

$88,548

Median Household Income

$48,846

Median Earnings

$1,139

Median Rent

$212,000

Median Home Value

Market

Average Price Trend$/SF for Flex space in Monroe County, NY

$115 Jul

$98.23 Aug

$92.91 Sep

$97.91 Oct

Properties on Market for Flex space in Monroe County

Jul

Aug

Sep

Oct

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

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Similar Off Market Nearby

• Wegmans Catering — 745 Calkins Rd, Rochester, NY 14623

Frequently Asked Questions

What type of property is this?

Flex space - Updated commercial space with separate upper-level and lower-level areas.

Where is this flex space located?

The property is located at 3019 East Henrietta Rd Henrietta, NY.

What is the asking price?

The asking price for this property is $399,900.

What are key features of this property?

This property features: 4,000‑square‑foot flex property with 2,000 square feet on each of two levels; Upper level includes fresh paint and new subflooring; New bathrooms completed as part of recent property improvements