11273 Maple Ridge Rd Medina, NY 14103
- Investment properties
- 9,900 SF
- 1.72 lot acres
Current Use by Public Records
- Dollar General / Drug Store / Grocery Store
- Western Union / Money Transfer Service / Money Order Service
Property Details for 11273 Maple Ridge Rd
- Year built
- 1959
- Lot size
- 1.72 lot acres
- Property size
- 9,900 SF
- Zone code
- 5
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 343601 79.20-1-81
- APU
- 3436017920181
Description
This exceptional investment opportunity presents a 9,900-square-foot Dollar General grocery store situated on a 1.72-acre lot in Medina, New York. The property boasts a new 10-year triple-net (NNN) lease with Dollar General, a highly reputable national tenant with over 19,000 locations nationwide, ensuring consistent rental income and minimal landlord responsibilities. The single-story building is 100% occupied, offering immediate cash flow. This prime retail location is situated within Medina's thriving commercial corridor, surrounded by strong national and regional tenants including Valu Home Centers, Aldi, Burger King, Tim Hortons, McDonald's, and Tractor Supply Company, ensuring high visibility and foot traffic. The property's address is 11273 Maple Ridge Rd, Medina, NY 14103, in Orleans County. This offering is particularly well-suited for 1031 exchange buyers and investors seeking a stable, low-maintenance investment in Upstate New York. The asking price for this exceptional net-leased property is $750,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $400,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $455,000
- Retail
- $435,000
- Mixed-Use
- $450,000
- Hospitality
- $400,000
- Educational
- $380,000
- Residential Income
- $450,000
- Energy
- $460,000
- Income-Based Land
- $385,000
- Food Service
- $420,000
Location Insight
- Map
- Local Demand
- City
- Medina
- County
- Orleans
- State
- New York
- Longitude
- -78.3948
- Latitude
- 43.2075
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA