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    5497 Ridge Rd Spencerport, NY 14559

    Sponsored
    For Sale
    $275,000

    Prime Spencerport industrial/commercial lot. Level topography, previously developed.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.8-acre parcel, located at 5497 W Ridge Rd in Spencerport, New York (zip code 14559), presents a unique opportunity for commercial or industrial development. The property boasts a desirable level topography, simplifying construction and site preparation. Its previous development history suggests existing infrastructure may be present, potentially reducing development costs. The land is offered for sale by owner at an asking price of $275,000. Situated in Monroe County, New York, this location offers convenient access to major transportation routes, making it an attractive site for businesses seeking efficient logistics and distribution. The property's size and characteristics make it suitable for a variety of commercial and industrial uses, from warehousing and light manufacturing to retail and office spaces. Detailed site surveys and environmental assessments are recommended to fully understand the property's potential and to inform development plans. This is a rare opportunity to acquire a well-situated, ready-to-develop parcel in a thriving New York community. Serious inquiries only.

    Property Features for 5497 Ridge Rd

    General Information

    Property type
    Land
    Lot Size
    121,968 SF

    HighLights

    • Level building site.
    • Previously developed parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Spa & Massage Building Supply Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Accounting Firm Bar & Pub Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Spencerport
    County
    Monroe
    State
    New York
    Longitude
    -77.8354104
    Latitude
    43.2212293

    Nearby Comparable

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    Nearby Similar for Sale

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      Commercial Property in Spencerport, NY

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    FAQs

    What type of property is this?
    Land - Prime Spencerport industrial/commercial lot. Level topography, previously developed.
    Where is this land located?
    The property is located at 5497 Ridge Rd Spencerport, NY.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Level building site.; Previously developed parcel.;
    Request Owner's contact information
    5497 Ridge Rd Spencerport, NY 14559
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    Spencerport, NY 14559
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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
    5497 Ridge Rd Spencerport, NY 14559
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