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    186 East Ave Rochester, NY 14604

    For Sale
    $995,000

    Prime 0.64-acre Rochester site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.64-acre development site is located in Rochester, New York's vibrant East End District, offering a unique investment opportunity. Situated in the Center City East End District, the property boasts prominent frontage on East Avenue, Mathews Street, and Scio Street, ensuring high visibility and accessibility. Its strategic location places it within easy walking distance of renowned cultural institutions such as the Eastman School of Music, Eastman Theater, The Little Theater, Blue Cross Arena, and the Rochester Riverside Convention Center, capitalizing on the area's thriving entertainment and cultural scene. The site's proximity to a substantial population base—over 200,000 residents within a 3-mile radius—and a strong average household income exceeding $54,000, presents a compelling market for diverse development projects, including residential, retail, or mixed-use ventures. The asking price for this remarkable property is $995,000. This is a rare chance to contribute to the ongoing revitalization of Rochester's East End and create a significant development in a highly desirable location. The property is zoned for commercial and residential use. This prime location offers unparalleled potential for a developer seeking to create a landmark project in a thriving urban environment. The address is 186 East Ave, Rochester, NY 14604.

    Property Features for 186 East Ave

    General Information

    Property type
    Land
    Lot Size
    27,878 SF

    HighLights

    • $995,000 asking price.
    • 0.64‑acre vacant land development site.
    • Located in Rochester, NY's Center City East End District.
    • Frontage on East Ave, Mathews Street, and Scio Street.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    186 East Ave ... Parking Lot Fairway Parking Parking Lot

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Law Firm Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.5993712
    Latitude
    43.1565145

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    FAQs

    What type of property is this?
    Land - Prime 0.64-acre Rochester site.
    Where is this land located?
    The property is located at 186 East Ave Rochester, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: $995,000 asking price.; 0.64-acre vacant land development site.; Located in Rochester, NY's Center City East End District.
    (585) 248-9426
    Request Owner's contact information
    186 East Ave Rochester, NY 14604
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    Rochester, NY 14604
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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
    186 East Ave Rochester, NY 14604
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