Commercial Land with Existing
For Sale
$499,900
Pending
7185 W Main Road, Leroy, NY 14482
CommercialSale, Le Roy, NY
Property Size2,028 SF
Lot Size16.10 Acres
Days on Market575
Property Features for 7185 W Main Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CON
Zoning description
Commercial
Parking
6
Lot features
Irregular Lot
Elementary school district
LeRoy
Middle school district
LeRoy
High school district
LeRoy
Directions
Starting from Route 36 to west on W. Main Road. Property is located on the north side of the road, just past Tops and diner.
Subdivision
LeRoy-183689
Standard status
Pending
APN
183689-024-000-0001-026-000
Size
2,028 SF
Lot size
16.10 Acres
Taxes and HOA fees
Tax Annual Amount
7365
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
3
Building materials
Frame
Roof type
Asphalt, Metal
Listing Agency:
RE/MAX Realty Group · RE/MAX International
(585) 248-0250
Listed By:
Deborah S. Campanella · License #30CA1055473
(585) 746-1920
Added: Apr 5, 2025
Changed: Oct 29
Last Checked: Oct 31 at 12:06AM
MLS# R1597830
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 16.1-acre commercial land offering includes a 2,028-square-foot frame duplex with a garage apartment, providing three tenant-occupied rentals. The existing improvements were built in 1900 and feature natural gas forced-air heat, public water, septic service, and metal and asphalt roofing. The property is offered with two parcels: a 3.5-acre parcel and an adjacent 12.6-acre parcel identified by TAX ID 18360-002-000.
Located at 7185 W Main Road in Le Roy, the property has two existing driveway cuts and frontage near established commercial uses. It sits adjacent to Tops Plaza, next to a diner, near Burger King, and across from Napa and Monroe Muffler. The property is zoned CON, with portions situated within village limits. Commercial, light industrial, and mixed-use development are identified in the property information.
Located at 7185 W Main Road in Le Roy, the property has two existing driveway cuts and frontage near established commercial uses. It sits adjacent to Tops Plaza, next to a diner, near Burger King, and across from Napa and Monroe Muffler. The property is zoned CON, with portions situated within village limits. Commercial, light industrial, and mixed-use development are identified in the property information.
Key Highlights
- 16.1 acres across a 3.5‑acre parcel and adjacent 12.6‑acre parcel
- 2,028‑square‑foot duplex with garage apartment and 3 rentals
- Two existing driveway cuts provide access from W Main Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,623
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,460
$372.5K
Cap Rate 7%
$266,043
$266.0K
Cap Rate 9%
$206,922
$206.9K
Market Conditions
NOI Build-Up for 2,028 SF
Gross rent
$28.0K $13.80/SF
− Vacancy
−$1.4K −$0.68/SF
EGI
$26.6K $13.12/SF
− OpEx
−$8.0K −$3.94/SF
NOI
$18.6K $9.18/SF
Area
Genesee County, NY
Vacancy
4.94%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,460
Cap Rate 7%
$266,043
Cap Rate 9%
$206,922
Alternative Uses
Best Use
Multifamily LT 5
$266.0K
$232.8K – $310.4K
NOI $18,623 @ 7.0% cap · market cap 3.73%
Second Best
Apartment 5plus
$232.0K
$203.0K – $270.7K
NOI $16,242 @ 7.0% cap · market cap 3.25%
Theoretical Best
Warehouse
$1.88M
$1.65M – $2.20M
NOI $131,767 @ 7.0% cap · market cap 26.36%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
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Business Placement
Demographics for 14482, NY
8,365
Population
3,889
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
96%
High-School Grad
60.9 sq mi
ZIP Area
137
Density / Sq Mi
$77,581
Median Household Income
$46,111
Median Earnings
$944
Median Rent
$159,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Commercial land - Zoned CON with two driveway cuts, adjacent to Tops Plaza and near Burger King.
Where is this commercial land located?
The property is located at 7185 W Main Road Leroy, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 16.1 acres across a 3.5‑acre parcel and adjacent 12.6‑acre parcel; 2,028‑square‑foot duplex with garage apartment and 3 rentals; Two existing driveway cuts provide access from W Main Road
