Property summary
This exceptional commercial land parcel, located at 1842 Fairport Nine Mile Point Rd in Penfield, NY 14526, presents a unique investment opportunity. The property, situated in a mixed-use district, offers a lot size ranging from 0.5 to 1 acre. The existing house on the property can be relocated by the owner to another part of the lot, or it can be renovated for commercial use, allowing for flexibility in development plans. The zoning permits both retail and office uses, making it ideal for a variety of businesses. This location boasts strong traffic counts, further enhanced by planned development in the immediate corridor. The property's strategic position across from the YMCA contributes to its high visibility and accessibility. Favorable demographics in the area strongly support the success of retail and office ventures. This is a rare chance to acquire a prime commercial site in a thriving community with excellent potential for growth and return on investment. The property's location provides easy access to major roadways and amenities, making it an attractive option for businesses seeking a high-traffic, visible location.
Property profile
VerifiedCap rate & NOI
Current use
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General Contractor Hardware & Home Improvement
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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