Four-Unit Strip
New
For Sale
$1,325,000
574-584 W Ridge Road, Rochester, NY 14615
CommercialSale, Rochester, NY
Property Size6,540 SF
Lot Size1.02 Acres
Price / SF$202.60
Days on Market3
Property Features for 574-584 W Ridge Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Zoning description
Commercial
Parking
69
Subdivision
Hutchinson
Lot features
Rectangular, Rectangular Lot
Elementary school district
Rochester
Middle school district
Rochester
High school district
Rochester
Directions
From the East: Take NY-104 West toward Rochester. Continue on West Ridge Road to 584 W. Ridge Road. From the West: Take NY-104 East toward Rochester. Continue on West Ridge Road to 584 W. Ridge Road.
Standard status
Active
APN
261400-075-810-0001-090-000-0000
Size
6,540 SF
Lot size
1.02 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
14759
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Hot Water(Heating), Natural Gas, Zoned
Cooling system
Zoned, Central Air, Separate Meters
Water source
Public
Amenities
separate electrical metering
commercial electrical infrastructure
Building Details
Year built
2012
Floors in Building
1
Number of units
4
Flooring type
Vinyl, Linoleum, Concrete
Building materials
Brick, Block, Concrete, Stone
Roof type
Flat
Listing Agency:
Keller Williams Realty Greater Rochester
(585) 758-8400
Listed By:
Mike Sausa · License #10401394555
(585) 481-3418
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 31 at 12:06AM
MLS# R1725213
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6,540-square-foot strip mall in Rochester contains four retail units, all leased. Built in 2012, the property occupies a 1.02-acre site and has more than 69 parking spaces. Each suite is separately metered for electricity. The electrical equipment includes Square D EZ Meter-Pak metering rated for up to 800 amps, with three-phase, four-wire capability; actual service capacity and operating voltage require buyer verification.
The plaza fronts West Ridge Road with more than 200 feet along the corridor. It is zoned C-3 and served by public water and sewer. Building materials include brick, block, concrete, and stone.
The plaza fronts West Ridge Road with more than 200 feet along the corridor. It is zoned C-3 and served by public water and sewer. Building materials include brick, block, concrete, and stone.
Key Highlights
- Four retail units; all are leased
- 6,540 square feet on a 1.02‑acre parcel
- Built in 2012
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,700
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,774,000
$1.8M
Cap Rate 7%
$1,267,143
$1.3M
Cap Rate 9%
$985,556
$985.6K
Market Conditions
NOI Build-Up for 6,540 SF
Gross rent
$141.3K $21.60/SF
− Vacancy
−$14.6K −$2.22/SF
EGI
$126.7K $19.38/SF
− OpEx
−$38.0K −$5.81/SF
NOI
$88.7K $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%
$1,774,000
Cap Rate 7%
$1,267,143
Cap Rate 9%
$985,556
Alternative Uses
Best Use
Retail
$1.27M
$1.11M – $1.48M
NOI $88,700 @ 7.0% cap · market cap 6.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,411 @ 7.0% cap · market cap 9.46%
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
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 98%
Home Improvements & Furnishings 2%
GO Car Wash
Shops & Services
9,758 visits/mo
0.2 miles
Family Dollar
Shops & Services
9,644 visits/mo
0.1 miles
Mobil
Shops & Services
6,179 visits/mo
0.5 miles
Firestone Complete Auto Care
Shops & Services
2,129 visits/mo
0.2 miles
Sunbelt Rentals, Inc.
Home Improvements & Furnishings
446 visits/mo
0.3 miles
Demographics for 14615, NY
16,862
Population
8,258
Households
2
Avg Household Size
36
Median Age
21%
College-Educated
90%
High-School Grad
5.9 sq mi
ZIP Area
2,858
Density / Sq Mi
$53,150
Median Household Income
$37,895
Median Earnings
$1,065
Median Rent
$121,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Rochester, NY
Frequently Asked Questions
What type of property is this?
Strip mall - Each retail suite has its own electrical meter, and all four units are leased.
Where is this strip mall located?
The property is located at 574-584 W Ridge Road Rochester, NY.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Four retail units; all are leased; 6,540 square feet on a 1.02‑acre parcel; Built in 2012
