Renovated Medical Office
For Sale
Contact for pricing
656 Kreag Road, Pittsford, NY 14534
Private offices, meeting areas, reception, bathrooms, and parking support a flexible professional setting.
Property Size10,484 SF
Price / SF$0.00
Days on Market51
Property Features for 656 Kreag Road
General Information
Standard status
Active
Size
10,484 SF
Listing Agency:
RE/MAX Plus
(585) 279-8200
Listed By:
John Antetomaso · License #49AN1151017
(585) 787-8888
Source:
Nicholcityrealty
Added: Sep 6
Changed: Oct 25
Last Checked: Oct 24 at 4:45PM
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 RE/MAX Plus
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Investment Insights
Based on property information with market context.
This renovated medical office property contains 10,484 square feet and includes approximately 2,500 square feet of available space. The available area is arranged with multiple private offices, open areas for meetings or conferences, a reception area, and a bathroom. An open-plan layout supports a range of professional configurations.
The building provides ample parking and is located at 656 Kreag Road in Perinton, New York. Its medical-office design and combination of enclosed offices, shared open areas, reception, and restroom facilities create a ready framework for medical, office, or service-related occupancy.
The building provides ample parking and is located at 656 Kreag Road in Perinton, New York. Its medical-office design and combination of enclosed offices, shared open areas, reception, and restroom facilities create a ready framework for medical, office, or service-related occupancy.
Key Highlights
- 10,484‑square‑foot renovated medical office building
- Approximately 2,500 square feet of space available
- Several private offices plus open meeting and conference areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,922
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,440
$1.6M
Cap Rate 7%
$1,127,457
$1.1M
Cap Rate 9%
$876,911
$876.9K
Market Conditions
NOI Build-Up for 10,484 SF
Gross rent
$147.2K $14.04/SF
− Vacancy
−$42.0K −$4.00/SF
EGI
$105.2K $10.04/SF
− OpEx
−$26.3K −$2.51/SF
NOI
$78.9K $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%
$1,578,440
Cap Rate 7%
$1,127,457
Cap Rate 9%
$876,911
Alternative Uses
Best Use
Healthcare Medical
$1.73M
$1.51M – $2.01M
NOI $120,870 @ 7.0% cap · market cap 503,625.00%
Second Best
Office B
$1.13M
$986.5K – $1.32M
NOI $78,922 @ 7.0% cap · market cap 328,841.67%
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.35M
NOI $140,883 @ 7.0% cap · market cap 587,012.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 14534, NY
32,834
Population
12,913
Households
2.5
Avg Household Size
46
Median Age
72%
College-Educated
98%
High-School Grad
32.3 sq mi
ZIP Area
1,017
Density / Sq Mi
$144,832
Median Household Income
$75,938
Median Earnings
$1,676
Median Rent
$343,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Cats Exclusively Veterinary Hospital: Dr. Bob Lann & Dr. Andy Fleming — 1311 Marsh Rd, Pittsford, NY 14534
Frequently Asked Questions
What type of property is this?
Medical Office Space - Private offices, meeting areas, reception, bathrooms, and parking support a flexible professional setting.
Where is this medical office space located?
The property is located at 656 Kreag Road Pittsford, NY.
What are key features of this property?
This property features: 10,484‑square‑foot renovated medical office building; Approximately 2,500 square feet of space available; Several private offices plus open meeting and conference areas
