Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    919 Westfall Rd Rochester, NY 14618

    Sponsored
    For Sale
    Contact for pricing

    Rochester, NY Medical Office Park

    Property size:
    404,273 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A medical office campus in Rochester, NY, presents a compelling investment opportunity. Comprising eight buildings totaling 404,273 square feet on a 38.15-acre lot, this multi-tenant property boasts an impressive 88.46% occupancy. Constructed between 1983 and 2003, the buildings range in size from approximately 20,000 to 120,000 square feet. The campus benefits from a strong anchor tenant, the University of Rochester Medical Center (URMC), occupying 63% of the rentable square footage. URMC, the largest acute care general hospital in Rochester, serves a 14-county area and is part of the University of Rochester, a major employer with over 29,000 employees and an Aa3 credit rating from Moody's. The property's location is strategically situated approximately two miles from URMC's main 5.4 million square foot campus, including the 886-bed Strong Memorial Hospital. Five leases have been renewed within the past year, contributing to a weighted average lease term (WALT) of 5.3 years. This stabilized investment showcases a dynamic outpatient medical office campus with significant growth potential, given the University's consistent expansion of off-campus real estate, averaging 8% annual growth over the past 15 years. The property's location in Monroe County, near the city of Rochester, provides excellent access to a large and growing patient base.

    Property Features for 919 Westfall Rd

    General Information

    Property type
    Medical offices
    Square Feet
    404,273 SF
    Class
    A
    Lot Size
    1,661,814 SF

    Building Details

    Year Built
    1983
    Buildings
    8

    HighLights

    • University of Rochester Medical Center (URMC) anchors 63% (258,532 SF) of this eight‑building medical office campus.
    • Five leases renewed within the past year.
    • Moody's Aa3 credit rating for the anchor tenant.
    • Eight‑building, 404,000 SF dynamic outpatient medical office campus.
    • 88.46% occupancy with a 5.3‑year weighted average lease term (WALT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Neurology Highland Hospital Hospital Aureen P. Wagner, ... Psychologist Alice C. Hoagland, ... Psychologist Huntington's Disease Society Non-Profit Organization Karylane Palermo Cruz Neurologist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.5965957
    Latitude
    43.1139957

    Nearby Similar for Sale

    • $1,825,000
      18,540 SF

      Rochester Multifamily Investment Opportunity

      Well-maintained 26-unit building with recent updates and income potential.
      189-199 Lake Ave, Rochester, NY 14608
      View Details
    • $164,900
      Pending

      Upgraded Two-Family Home Investment Opportunity

      Turnkey two-family home with refined updates and dependable cash flow.
      1567 E Main St, Rochester, NY 14609
      View Details
    • $134,900
      Pending

      Upgraded Two-Family Home

      Move-in ready, renovated two-family home with income potential.
      47 Bowman St, Rochester, NY 14609
      View Details
    • $500,000
      Pending

      Rochester Investment Opportunity with Parking

      Classic architecture, updated units, great tenants in trendy Park Avenue.
      50 Rowley St, Rochester, NY 14607
      View Details
    • New
      $174,000
      2,968 SF

      Rochester Multi-Family Income Property

      Income-producing multi-family property with strong rental potential in Rochester.
      1239 Saint Paul St, Rochester, NY 14621
      View Details
    • $199,900
      Pending

      Two-Family Home on Large Lot

      Side-by-side duplex on a private 0.62-acre lot.
      16 Beaman Rd W, Rochester, NY 14624
      View Details
    • $279,900
      Pending

      Renovated Rochester Duplex Investment Opportunity

      Fully renovated duplex in Rochester, perfect for investors or owner-occupants.
      49 Woodlawn St, Rochester, NY 14607
      View Details
    • $100,000
      Pending

      Rochester Three-Family Property For Sale

      Three spacious 2-bedroom apartments with separate utilities and hardwood floors.
      139 Rohr St, Rochester, NY 14605
      View Details
    • $249,900
      5,040 SF

      Rochester Multifamily Investment Opportunity

      Purpose-built four-unit multifamily property in Rochester, New York.
      1896 Dewey Ave, Rochester, NY 14615
      View Details
    • $135,000
      Pending

      Charming Brick Duplex with Garage

      Updated Rochester duplex with income potential and a three-car garage.
      47 Tacoma St, Rochester, NY 14613
      View Details
    • $340,000
      Pending

      Rochester Multifamily Investment Opportunity

      Four-property package in Rochester's Beechwood neighborhood with value-add potential.
      70 Grand Ave, Rochester, NY 14609
      View Details
    • $100,000
      Pending

      Rochester Four-Unit Investment Property

      Turnkey four-unit property with strong cash flow potential.
      22 Lime St, Rochester, NY 14606
      View Details

    FAQs

    What type of property is this?
    Medical office - Rochester, NY Medical Office Park
    Where is this medical office located?
    The property is located at 919 Westfall Rd Rochester, NY.
    What are key features of this property?
    This property features: University of Rochester Medical Center (URMC) anchors 63% (258,532 SF) of this eight-building medical office campus.; Five leases renewed within the past year.; Moody's Aa3 credit rating for the anchor tenant.
    Request Owner's contact information
    919 Westfall Rd Rochester, NY 14618
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    919 Westfall Rd
    Rochester, NY 14618
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    919 Westfall Rd Rochester, NY 14618
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.