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Fenced Mini-Storage Warehouse Complex
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457 Middle Rd, Henrietta, NY 14467

Four-building mini-storage complex with 108 units, plus high-bay warehouse space with two large overhead doors.

Property Size18,300 SF
Price / SF$109.29
Days on Market158

Property Features for 457 Middle Rd

General Information

Standard status Active
Size 18,300 SF
Property subtype INDUSTRIAL
Zoning Industrial

Site & Location

Highway Access Yes
Fenced Yard Yes
Listing Agency: Jim Pappas Commercial Real Estate
Listed By: James (Jim) P. Pappas
Source: Moodyscre
Added: Feb 23 Changed: Jul 27 Last Checked: Jul 30 at 11:15AM

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 Jim Pappas Commercial Real Estate

Investment Insights

Based on property information with market context.

This fenced four-building mini-storage complex includes 108 units across various sizes. The property also features three high-bay warehouse spaces, each approximately 1,200 SF (30' x 40'), with two large overhead (OH) doors serving the warehouse areas.

The facility is located on Middle Rd in Henrietta, adjacent to the Route 390 expressway. The property is zoned Industrial.

Designed for unit storage and warehouse use, the site’s fenced layout supports controlled access for the storage operation.

Key Highlights

  • Four‑building mini‑storage complex with 108 units of various sizes
  • Includes (3) 1,200 SF (30' x 40') high‑bay warehouse spaces
  • High‑bay spaces feature two large OH doors

Financial Insights For Self Storage

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $241.6k $13.20
− Vacancy −$12.1k −$0.66
EGI $229.5k $12.54
− OpEx −$68.8k −$3.76
NOI $160.6k $8.78
18,300 SF · lease $13.20/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$2.29M
$2.01M – $2.68M (±1% cap)
NOI $160,637 @ 7.0% cap · market cap 8.03%
Second Best
Warehouse
$1.46M
$1.28M – $1.71M (±1% cap)
NOI $102,393 @ 7.0% cap · market cap 5.12%
Theoretical Best
Specialty Retail
$3.51M
$3.07M – $4.10M (±1% cap)
NOI $245,914 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Restaurant Spa & Massage Center

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
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

501
Businesses Nearby

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Four-building mini-storage complex with 108 units, plus high-bay warehouse space with two large overhead doors.
Where is this self storage facility located?
The property is located at 457 Middle Rd Henrietta, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Four‑building mini‑storage complex with 108 units of various sizes; Includes (3) 1,200 SF (30' x 40') high‑bay warehouse spaces; High‑bay spaces feature two large OH doors
(585) 424-6007 Call to check price and availability
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