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    3860 River Rd West Henrietta, NY 14586

    Sponsored
    For Sale
    $6,500,000

    72.67 Acres, Mixed-Use Zoning, $6.5M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 72.67-acre parcel in West Henrietta, NY, presents a unique investment opportunity. Located at 3860 East River Road, this commercially zoned land boasts a prime location, surrounded by established commercial and residential developments. Its strategic proximity to the Rochester Institute of Technology (RIT), Paychex, Hammer Packaging, the University of Rochester, and Plug Power positions it for significant growth potential. The property's Industrial - Mixed Use Overlay zoning provides flexibility for a variety of development options, including multifamily, student housing, commercial, and industrial uses. This presents a rare chance to capitalize on the area's thriving economy and strong demand for diverse property types. The address is 3860 East River Road, West Henrietta, NY 14586, in Monroe County. The asking price for this expansive land parcel is $6,500,000. Given its size, location, and zoning, this property is ideal for developers seeking a substantial project with significant long-term value. The surrounding area features a mix of established businesses and residential communities, creating a dynamic and desirable environment for future development. This is a truly exceptional opportunity to acquire a large, well-located parcel in a rapidly growing area.

    Property Features for 3860 River Rd

    General Information

    Property type
    Land
    Lot Size
    3,165,505 SF

    HighLights

    • $6,500,000 asking price.
    • 72.67‑acre land parcel.
    • Located in West Henrietta, NY, at 3860 E River Rd, 14586.
    • Industrial‑Mixed Use zoning.
    • Prime location near RIT, Paychex, and other major employers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Nail Salon Hotel & Motel Gym & Fitness Department Store Kitchen & Bath Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    West Henrietta
    County
    Monroe
    State
    New York
    Longitude
    -77.681425
    Latitude
    43.0663709

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    FAQs

    What type of property is this?
    Land - 72.67 Acres, Mixed-Use Zoning, $6.5M
    Where is this land located?
    The property is located at 3860 River Rd West Henrietta, NY.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: $6,500,000 asking price.; 72.67-acre land parcel.; Located in West Henrietta, NY, at 3860 E River Rd, 14586.
    Request Owner's contact information
    3860 River Rd West Henrietta, NY 14586
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    West Henrietta, NY 14586
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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
    3860 River Rd West Henrietta, NY 14586
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