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    1597 Ridge Rd Rochester, NY 14615

    Sponsored
    For Sale
    Contact for pricing

    1.49-acre site, high traffic, NNN lease.

    Property size:
    5,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.49-acre redevelopment opportunity in Rochester, NY, presents a unique chance to capitalize on a prime commercial location. Situated at 1597 W Ridge Rd, 14615, this 5,400 square foot storefront property boasts a 100% occupancy rate and is zoned for commercial use. The property is currently configured as a multi-tenant retail space with a ground lease in place, offering flexibility for various redevelopment scenarios. Its strategic location along West Ridge Road, a major retail corridor in Greece, ensures high visibility and accessibility. The site benefits from proximity to Interstate 390 and the Mall at Greece Ridge, within one mile, guaranteeing substantial foot and vehicle traffic exceeding 48,800 vehicles per day. Furthermore, the potential for traffic signal access enhances the property's appeal. This versatile site is ideal for a variety of uses, including retail and office spaces, making it an attractive investment for developers seeking a high-traffic, well-located asset in a thriving commercial area. The property's existing infrastructure and high occupancy rate provide a solid foundation for future development and growth. This is a truly exceptional opportunity to acquire a prime piece of commercial real estate in a rapidly growing market.

    Property Features for 1597 Ridge Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,400 SF
    Lot Size
    64,904 SF

    HighLights

    • 1.49‑acre redevelopment site in Rochester, NY.
    • Excellent redevelopment opportunity with potential traffic signal access; suitable for retail and office uses.
    • Prime West Ridge Road location in Greece, a major retail corridor.
    • Conveniently located off Interstate 390, one mile from the Mall at Greece Ridge.
    • High traffic counts exceeding 48,800 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Park Bonnie C Psychologist Terrance J. Bellnier, ... Pharmacy Barion Mills - State ... Insurance Agency Ortega Tulio MD Psychiatrist Lockamyeir Counseling Counselor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6702431
    Latitude
    43.2052725

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    FAQs

    What type of property is this?
    Individual retail property - 1.49-acre site, high traffic, NNN lease.
    Where is this individual retail property located?
    The property is located at 1597 Ridge Rd Rochester, NY.
    What are key features of this property?
    This property features: 1.49-acre redevelopment site in Rochester, NY.; Excellent redevelopment opportunity with potential traffic signal access; suitable for retail and office uses.; Prime West Ridge Road location in Greece, a major retail corridor.
    Request Owner's contact information
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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
    1597 Ridge Rd Rochester, NY 14615
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