Flex Space with Grade-Level
For Sale
Contact for pricing
50 Airpark Drive, Rochester, NY 14624
Contractor-oriented space offers secure access, rolling doors, private half baths, and multiple power options.
Property Size3,200 SF
Price / SF$1.10
Days on Market99
Property Features for 50 Airpark Drive
General Information
Standard status
Active
Size
3,200 SF
Property subtype
CommercialLease
Additional Details
Highway Access
Yes
Listing Agency:
Jeffrey D. Cook
Listed By:
Jeffrey Cook
(585) 434-3032
Source:
Nicholcityrealty
Added: Jul 10
Changed: Oct 12
Last Checked: Oct 16 at 8:43AM
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 Jeffrey D. Cook
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Investment Insights
Based on property information with market context.
This flex-space property is configured for contractor storage and small-business operations, with grade-level bays, rolling doors, and a private half bath in each unit. Multiple power options support varying operational requirements, while gated access provides controlled entry. Lease terms are flexible, and utilities are separate.
The property is located at 50 Airpark Drive in Chili, New York, with access near Rochester Airport and the Scottsville Road exit of I-390. Its combination of bay access, business-oriented configuration, and security features provides functional space for contractors, tradespeople, and other small businesses.
The property is located at 50 Airpark Drive in Chili, New York, with access near Rochester Airport and the Scottsville Road exit of I-390. Its combination of bay access, business-oriented configuration, and security features provides functional space for contractors, tradespeople, and other small businesses.
Key Highlights
- Grade‑level contractor bays with rolling doors
- Private half bath included in every unit
- Gated security access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,306
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,120
$606.1K
Cap Rate 7%
$432,943
$432.9K
Cap Rate 9%
$336,733
$336.7K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$49.9K $15.60/SF
− Vacancy
−$3.3K −$1.03/SF
EGI
$46.6K $14.57/SF
− OpEx
−$16.3K −$5.10/SF
NOI
$30.3K $9.47/SF
Area
Rochester, NY
Vacancy
6.60%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,120
Cap Rate 7%
$432,943
Cap Rate 9%
$336,733
Alternative Uses
Best Use
Warehouse
$566.2K
$495.4K – $660.5K
NOI $39,631 @ 7.0% cap · market cap 1,125.88%
Second Best
Industrial
$466.3K
$408.0K – $544.0K
NOI $32,638 @ 7.0% cap · market cap 927.22%
Theoretical Best
Office A
$876.6K
$767.0K – $1.02M
NOI $61,363 @ 7.0% cap · market cap 1,743.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Rochester, NY
Frequently Asked Questions
What type of property is this?
Flex space - Contractor-oriented space offers secure access, rolling doors, private half baths, and multiple power options.
Where is this flex space located?
The property is located at 50 Airpark Drive Rochester, NY.
What are key features of this property?
This property features: Grade‑level contractor bays with rolling doors; Private half bath included in every unit; Gated security access
