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    3101 Ridge Rd Greece, NY 14626

    Sponsored
    For Sale
    $600,000

    8,500 SF Office Building, Greece, NY

    Property size:
    8,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,500 square foot office building, located at 3101 W Ridge Rd in Greece, NY, presents a prime investment opportunity for owner-users. The property, built in 1981, is a Class B, two-story building situated on a 0.76-acre lot. The asking price is $600,000, translating to $70.59 per square foot. The building offers versatile space suitable for creative, medical, or traditional office uses. Approximately 4,000 square feet on the second floor is move-in ready, while the first floor presents potential for income generation or owner-occupancy. The property boasts a history of medical tenants and benefits from significant existing infrastructure, including 35+ parking spaces and various security measures. Further enhancing its value, the building features a generator and a roof replaced in 2017. The property is zoned 05 and is being offered for sale by owner. This is a rare opportunity to acquire a well-maintained, strategically located office building with significant upside potential. The property's prominent Ridge Road location ensures high visibility and accessibility. Serious inquiries are encouraged to explore this exceptional offering.

    Property Features for 3101 Ridge Rd

    General Information

    Property type
    Medical offices
    Square Feet
    8,500 SF
    Class
    B
    Lot Size
    33,106 SF

    Building Details

    Year Built
    1981
    Buildings
    1
    Stories
    2

    HighLights

    • Abundant on‑site parking is available.
    • The property features multiple security systems.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bayfront Dental PC- ... Dentist Nationwide Insurance: Thomas ... Insurance Agency Lisa Anne Smith, ... Pediatrician West Ridge OB/GYN ... Obstetrician-Gynecologist West Ridge Obstetrics-Gyn: ... Obstetrician-Gynecologist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greece
    County
    Monroe
    State
    New York
    Longitude
    -77.7110921
    Latitude
    43.2088851

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    FAQs

    What type of property is this?
    Medical office - 8,500 SF Office Building, Greece, NY
    Where is this medical office located?
    The property is located at 3101 Ridge Rd Greece, NY.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Abundant on-site parking is available.; The property features multiple security systems.;
    Request Owner's contact information
    3101 Ridge Rd Greece, NY 14626
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    Greece, NY 14626
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3101 Ridge Rd Greece, NY 14626
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