Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2159 Buffalo Rd Rochester, NY 14624
    Property profile & analytics

    2159 Buffalo Rd Rochester, NY 14624

    View on Map
    • Specialty properties
    • 159,059 SF
    • 14.49 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rochester Hydroponics / Factory / Industrial Manufacturer

    Property Details for 2159 Buffalo Rd

    Year built
    1980
    Lot size
    14.49 lot acres
    Property size
    159,059 SF
    Property type
    Specialty properties
    Property subtype
    Retail properties & Spaces

    Description

    Westmar Plaza, located at 2159 Buffalo Rd, Rochester, NY 14624, offers exceptional leasing opportunities for businesses seeking high-visibility retail, office, or special-purpose space. This single-story, 159,059 square foot building sits on a 14.49-acre lot (631,184 sq ft) and boasts a prime location directly off I-490, ensuring excellent accessibility for both local and commuter traffic. Currently, there are three suites available, ranging from 3,811 to 5,512 contiguous square feet, with a total of 13,722 square feet currently vacant. The property features convenient access and ample parking. Built in 1980, Westmar Plaza benefits from its proximity to the University of Rochester Medical Center, Life Storage, and a variety of other retailers, including The Garden Factory across Pixley Road. The property is ideal for businesses seeking high traffic exposure and a strong tenant mix. Utilities are available, but elevators are not. Interested parties should inquire about specific suite availability and lease terms. The property is zoned for retail, office, and special purpose uses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.7072
    Latitude
    43.146

    Comparable in this City

    • Value Estimation by Request
      52,332 SF

      1250 Scottsville Rd

      Office Units • 52,332 SF
      1250 Scottsville Rd, Rochester, NY 14624
      View Details
    • Value Estimation by Request
      10.80 Acres

      911 Brooks Ave

      Airport retail • 98,937 SF
      911 Brooks Ave, Rochester, NY 14624
      View Details
    • Value Estimation by Request
      18,847 SF

      677 Beahan Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 18,847 SF
      677 Beahan Rd, Rochester, NY 14624-3521
      View Details
    • Value Estimation by Request
      6,602 SF

      2125 Chili Ave

      FUNERAL HOME • 6,602 SF
      2125 Chili Ave, Rochester, NY 14624-3425
      View Details
    • Value Estimation
      $585,000
      21,553 SF

      150 Frank Dimino Way

      PROFESSIONAL CLUBS/ASSOCIATIONS • 21,553 SF
      150 Frank Dimino Way, Rochester, NY 14624-1100
      View Details
    • Value Estimation by Request
      3,373 SF

      3388 Chili Ave

      VETERINARY, ANIMAL HOSPITAL • 3,373 SF
      3388 Chili Ave, Rochester, NY 14624-5326
      View Details

    Similar Nearby for Sale

    • $899,000
      4,000 SF

      Redevelopment Site in Gates, NY

      1.33 acre redevelopment site with 4,000 SF building.
      2235 Buffalo Rd, Rochester, NY 14624
      View Details
    • Contact for pricing
      3,648 SF

      Rochester Investment Opportunity For Sale

      Restaurant property with a new 15-year lease and stable income.
      130 Pixley Rd, Rochester, NY 14624
      View Details
    • $6,625,000
      62,042 SF

      Retail/Office Space with Signage

      Retail or office space with signage and dedicated parking.
      2000 Chili Ave, Rochester, NY 14624
      View Details
    • $84,900

      Professional Office/Medical Condo Suite

      1,680 Sq. Ft. office/medical condo suite for sale.
      501 Beahan Rd, Rochester, NY 14624
      View Details
    • Contact for pricing
      1,680 SF

      Medical Office Condo For Sale

      Medical office condo available for purchase, with new roof.
      507 Beahan Rd, Rochester, NY 14624
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Chili Village Center Development Land

      13.57-acre development site for retail, office, and apartments.
      3235 Chili Ave, Rochester, NY 14624
      View Details
    • Contact for pricing

      Prime Location Near Airport

      Commercial space for rent near Rochester International Airport.
      1200 Scottsville Rd, Rochester, NY 14624
      View Details
    • Contact for pricing

      Rochester Industrial Park Location

      Located off Coldwater Road, easily accessible from major routes.
      18 Industrial Park Cir, Rochester, NY 14624
      View Details
    • Contact for pricing

      Single Story Steel Frame Building

      Single-story building with ample parking and high ceilings for rent.
      275 Mile Crossing Blvd, Rochester, NY 14624
      View Details
    • $16 SF/Yr
      41,085 SF

      Executive Suites, Rochester, NY

      Premium Office Space Available Now
      1200 Scottsville Rd, Rochester, NY 14624
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2159 Buffalo Rd
    Rochester, NY 14624
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2159 Buffalo Rd, Rochester, NY, 14624
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!