Corner-Lot Office
New
For Sale
$949,500
603 Ridge Rd, Webster, NY 14580
Flexible interior configuration, dedicated IT wiring, and paved parking support a range of professional office operations.
Property Size5,388 SF
Days on Market4
Property Features for 603 Ridge Rd
General Information
Standard status
Active
Size
5,388 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$15,487
Amenities
modern commercial lighting
dedicated IT and electronic office wiring
Building Details
Building Size
5,388 SF
Year Built
1945
Stories
2
Listing Agency:
Keller Williams Realty Greater Rochester
Listed By:
Mike Sausa · License #10401394555
(585) 481-3418
Source:
Elliman
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 10:52AM
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 Keller Williams Realty Greater Rochester
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Investment Insights
Based on property information with market context.
This Webster office property has a flexible interior layout, commercial lighting, and dedicated wiring for IT and electronic office systems. The paved parking area accommodates more than 20 vehicles. Building systems include furnaces and hot water tanks replaced in 2010, and a full tear-off roof replacement completed in 2023.
The property occupies a corner lot at 603 Ridge Rd in Webster, New York, within the town’s designated Revitalization Project area. The parking lot was repaved in 2020 and sealed in 2026.
The property occupies a corner lot at 603 Ridge Rd in Webster, New York, within the town’s designated Revitalization Project area. The parking lot was repaved in 2020 and sealed in 2026.
Key Highlights
- Office building on a corner lot in Webster, NY
- Paved parking for 20+ vehicles
- Full tear‑off roof replacement completed in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,560
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,200
$811.2K
Cap Rate 7%
$579,429
$579.4K
Cap Rate 9%
$450,667
$450.7K
Market Conditions
NOI Build-Up for 5,388 SF
Gross rent
$75.6K $14.04/SF
− Vacancy
−$21.6K −$4.00/SF
EGI
$54.1K $10.04/SF
− OpEx
−$13.5K −$2.51/SF
NOI
$40.6K $7.53/SF
Area
Monroe County, NY
Vacancy
28.51%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,200
Cap Rate 7%
$579,429
Cap Rate 9%
$450,667
Alternative Uses
Best Use
Office B
$579.4K
$507.0K – $676.0K
NOI $40,560 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.03M
$905.0K – $1.21M
NOI $72,403 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 14580, NY
54,148
Population
24,355
Households
2.2
Avg Household Size
46
Median Age
45%
College-Educated
96%
High-School Grad
42.6 sq mi
ZIP Area
1,271
Density / Sq Mi
$95,499
Median Household Income
$58,150
Median Earnings
$1,387
Median Rent
$253,000
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Flexible interior configuration, dedicated IT wiring, and paved parking support a range of professional office operations.
Where is this office building located?
The property is located at 603 Ridge Rd Webster, NY.
What is the asking price?
The asking price for this property is $949,500.
What are key features of this property?
This property features: Office building on a corner lot in Webster, NY; Paved parking for 20+ vehicles; Full tear‑off roof replacement completed in 2023
