Property profile

100 Parker Hl Dr Penfield, NY 14625

OFF-MARKET
Retail properties & Spaces
5.35 ac lot
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Property summary

AI-generated overview

This exceptional 5.35-acre pad site offers a prime development opportunity in Penfield's thriving retail corridor. Located at the signalized intersection of Route 441's on-ramp and Panorama Trail, this corner lot boasts excellent visibility and accessibility. The property is situated directly adjacent to Panorama Plaza, home to major retailers such as Tops, Staples, and Harbor Freight, ensuring high traffic volume and established consumer base. The site is available for lease or build-to-suit, providing flexibility for various commercial developments. With its strategic location less than two miles from Interstate 490 and just over three miles from St. John Fisher College (enrollment 2,692 students), this property benefits from significant daily traffic counts: 17,256 vehicles per day on Panorama Trail and 29,572 vehicles per day on Route 441. This presents a unique chance to capitalize on a high-traffic area with established retail presence and proximity to a major college campus. The site's multiple potential uses and signalized access make it an ideal location for a variety of commercial ventures. The owner is offering build-to-suit options, allowing for customized development to meet specific business needs. This is a rare opportunity to establish a strong presence in a highly desirable and rapidly growing commercial area.

Property profile

Verified
Property type Retail properties & Spaces
Lot 5.35 ac (233,046 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

100 Parker Hl Dr Penfield, NY 14625
Penfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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