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Property profile & analytics
OFF-MARKET
Industrial properties

375 Lyell Ave Rochester, NY 14606

10,470 SF 0.23 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a 10,470 square foot, three-story industrial building situated on a 0.23-acre lot at 375 Lyell Avenue in Rochester, NY. Currently vacant, this Class D building, constructed in 1900, offers significant potential for adaptive reuse. The property features 20 parking spaces and is zoned M1, allowing for a variety of manufacturing uses. The interior has been stripped to a blank canvas, simplifying the redevelopment process. Electrical upgrades have already been completed. The building benefits from high visibility at the intersection of Lyell Avenue and Sherman Street, within the JOSANA neighborhood, part of the Lyell-Lake-State Street Corridor. Its prime location offers easy access to key amenities: one minute from the soccer stadium, three minutes from Frontier Field, five minutes from downtown Rochester, and ten minutes from the Greater Rochester International Airport. The property's high traffic count (15,887 vehicles daily in 2019) further enhances its investment appeal. Priced at $119,900 ($11.45/SF), this is an ideal investment for those seeking a significant redevelopment project in a rapidly growing area. The APN is 261400-105-660-0003-020-000-0000. No loading docks are present.

Property profile
Verified
Property type Industrial properties
Year built 1900
Total area 10,470 SF
Lot 0.23 ac (10,019 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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