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    Bellwood Dr At I-390 & Ridgeway Ave Rochester, NY 14615

    Sponsored
    For Sale
    Contact for pricing

    Rochester, NY: Retail, Office, Medical

    Property size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional mixed-use development opportunity in Rochester, NY, presents a high-exposure location at the I-390 and Ridgeway Ave interchange. The property boasts 3.2 to 10.86 acres of land, featuring four buildings totaling 3,200 to 54,000 square feet, constructed in 2020. Currently vacant, this Class A property offers a multi-tenant setup with potential for bank, restaurant, and medical office uses. The site benefits from a NNN lease type and allows for rent bumps. Situated near Unity Hospital and the Greater Rochester International Airport, it enjoys exceptional visibility with a daily traffic count of 93,096 vehicles on I-390. The property is adjacent to the University of Rochester Medicine's Wilmot Cancer facility and fronts one million square feet of white-collar office space, including major employers like IBM, Johnson & Johnson, and Unity Health. Across I-390 lies five million square feet of industrial and high-tech space, further enhancing the site's strategic value. A proposed 54,000 square foot, two-story medical building is planned, designed for tenant specifications and ADA accessibility. A 124-room Woodspring Hotel is under construction, slated to open in late 2022 or early 2023, adding to the site's appeal. This is a value-add investment with a high exposure development opportunity. The property is also near an announced 200,000 square foot Amazon fulfillment center.

    Property Features for 0 Bellwood Dr At I-390 & Ridgeway Ave

    General Information

    Property type
    Restaurants
    Square Feet
    3,200 SF
    Class
    A
    Lot Size
    139,392 SF

    Building Details

    Year Built
    2020
    Buildings
    4
    Stories
    2

    HighLights

    • High‑exposure location at I‑390 and Ridgeway Ave interchange in Rochester, NY.
    • 5.3 miles from Greater Rochester International Airport.
    • 93,096 AADT (Annual Average Daily Traffic).
    • Fronts one million square feet of white‑collar office space.
    • Across I‑390 from five million square feet of industrial/high‑tech space.
    • Build‑to‑suit options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6860626
    Latitude
    43.1812767

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    FAQs

    What type of property is this?
    Restaurant - Rochester, NY: Retail, Office, Medical
    Where is this restaurant located?
    The property is located at Bellwood Dr At I-390 & Ridgeway Ave Rochester, NY.
    What are key features of this property?
    This property features: High-exposure location at I-390 and Ridgeway Ave interchange in Rochester, NY.; 5.3 miles from Greater Rochester International Airport.; 93,096 AADT (Annual Average Daily Traffic).
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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
    Bellwood Dr At I-390 & Ridgeway Ave Rochester, NY 14615
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