Medical Office Space with
New
For Sale
$949,500
603 Ridge Road, Webster, NY 14580
Flexible commercial space includes dedicated IT and electronic office wiring alongside modern commercial lighting.
Property Size5,388 SF
Price / SF$176.22
Days on Market6
Property Features for 603 Ridge Road
General Information
Standard status
Active
Size
5,388 SF
Total Parking Spaces
20
Zoning
commercial
Taxes and HOA fees
Annual Taxes
$15,487
Amenities
modern commercial lighting
dedicated IT and electronic office wiring
Office, PublicRestrooms
Accessible Full Bath, Accessible Approach with Ramp, Accessible Doors, Accessible Entrance
Zoned, Central Air
Electric, Zoned, Hot Water, Natural Gas
Full, Storage Space
Off Site
Building Details
Building Size
5,388 SF
Year Built
1945
Buildings
1
Stories
2
Listing Agency:
Keller Williams Realty Greater Rochester
Listed By:
Mike Sausa · License #10401394555
(585) 481-3418
Source:
Evrealestate
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 16 at 8:17AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This medical office property has a flexible interior layout, commercial lighting, and dedicated IT and electronic office wiring. The paved parking area accommodates more than 20 vehicles. The roof was replaced in 2023, the parking lot was repaved in 2020 and sealed in 2026, and the furnaces and hot water tanks were replaced in 2010.
The property occupies a corner lot in Webster’s designated Revitalization Project area. The space may suit professional offices, medical practices, wellness centers, educational facilities, or funeral services, subject to municipal approvals.
The property occupies a corner lot in Webster’s designated Revitalization Project area. The space may suit professional offices, medical practices, wellness centers, educational facilities, or funeral services, subject to municipal approvals.
Key Highlights
- Paved parking accommodates 20+ vehicles
- Located on a corner lot in Webster’s designated Revitalization Project area
- Roof replacement completed in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,118
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,242,360
$1.2M
Cap Rate 7%
$887,400
$887.4K
Cap Rate 9%
$690,200
$690.2K
Market Conditions
NOI Build-Up for 5,388 SF
Gross rent
$118.3K $21.96/SF
− Vacancy
−$14.8K −$2.75/SF
EGI
$103.5K $19.22/SF
− OpEx
−$41.4K −$7.69/SF
NOI
$62.1K $11.53/SF
Area
Monroe County, NY
Vacancy
12.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,242,360
Cap Rate 7%
$887,400
Cap Rate 9%
$690,200
Alternative Uses
Best Use
Healthcare Medical
$887.4K
$776.5K – $1.04M
NOI $62,118 @ 7.0% cap · market cap 6.54%
Second Best
Office B
$579.4K
$507.0K – $676.0K
NOI $40,560 @ 7.0% cap · market cap 4.27%
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.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- County Line Animal Hospital — 118 NY 104, Ontario, NY 14519
Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible commercial space includes dedicated IT and electronic office wiring alongside modern commercial lighting.
Where is this medical office space located?
The property is located at 603 Ridge Road 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: Paved parking accommodates 20+ vehicles; Located on a corner lot in Webster’s designated Revitalization Project area; Roof replacement completed in 2023
