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    2291 Buffalo Rd Rochester, NY 14624

    For Sale
    $872,000

    4.63 Acres, Rochester, NY - Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4.63-acre commercial and industrial land parcel presents a unique development opportunity in the thriving Gates, NY suburb, just west of Rochester. Currently serving as overflow parking for the Cinemark Tinseltown IMAX theater, this paved and striped lot boasts existing lighting and convenient access to a storm water basin. Its prime location offers less than a half-mile proximity to I-490 on/off ramps, ensuring easy accessibility via signalized lights and dedicated turning lanes on Buffalo Road. The area is rich with established businesses, including national retailers like Home Depot, Tops, Burger King, Bank of America, Wendy's, and M&T Bank, as well as local favorites such as Garden Factory, MacGregor's, Jeremiah's, Fatso's XL, and Mark's Pizzeria. Further enhancing its appeal are nearby medical office buildings and Gates/Chili High School. The property's southern proximity to multiple light industrial and warehouse spaces adds to its versatility. The lot is divisible, with the possibility of selling in parcels of one acre or more, making it suitable for a range of development projects. This is a rare opportunity to acquire a well-situated, ready-to-develop parcel in a high-traffic area with strong existing infrastructure. The asking price is $872,000.

    Property Features for 2291 Buffalo Rd

    General Information

    Property type
    Land
    Lot Size
    201,683 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pizza Hut Express Pizza Restaurant Cinemark Tinseltown USA ... Movie Theater Cinemark Tinseltown Rochester ... Imax Theater ATM Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.7135786
    Latitude
    43.1428144

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    FAQs

    What type of property is this?
    Land - 4.63 Acres, Rochester, NY - Investment Opportunity
    Where is this land located?
    The property is located at 2291 Buffalo Rd Rochester, NY.
    What is the asking price?
    The asking price for this property is $872,000.
    Request Owner's contact information
    2291 Buffalo Rd Rochester, NY 14624
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    Rochester, NY 14624
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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
    2291 Buffalo Rd Rochester, NY 14624
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