10 Railroad StVictor, NY 14564

  • Office properties
  • 5,256 SF
For Sale
$495,000 View listing

Property Details for 10 Railroad St

Year built
1971
Lot size
0.18 AC
Property size (Sq ft)
5,256 SF
Zone code
I
Property type
Office properties
Property subtype
Office buildings
APN
324801 28.09-1-30.000
APU
3248012809130000

Description

This exceptional commercial property, situated in the desirable Victor Village, presents a lucrative investment opportunity. The building encompasses 5,256 square feet, distributed across four separate units, offering flexibility for various business ventures. Three of the four units are currently leased, providing immediate rental income. The building features a convenient layout with two office spaces on each floor, shared bathrooms for ease of access, and dedicated utility and telecom rooms. Ample parking is available with 10 designated spots, ensuring convenient access for employees and clients alike. The property sits on a 0.18-acre lot, providing a manageable footprint in a highly sought-after area, right off the Auburn Trail. Detailed floor plans and a survey are readily available for review, allowing potential buyers to thoroughly assess the building's layout and potential. This turnkey commercial building offers a compelling combination of location, size, and existing tenancy, making it an ideal acquisition for investors seeking a strong return on investment in the thriving Victor market. The building's functionality and convenient amenities make it an attractive option for a variety of businesses.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $848,756
    6.5%
    $783,467
    7%
    $727,505
  • Comparable approach

    Method
    Valuation
    Relative Method
    $480,179
    Geo Method
    $686,749
  • Alternative Use

    Use
    Valuation
    Residential
    $971,499
    Hospitality
    $889,888
    Educational
    $740,376
    Medical
    $765,839
    Retail
    $1,151,696
10 Railroad St, Victor, New York
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Location Insight

City
Victor
County
Ontario
State
New York
Latitude
42.9746
Longitude
-77.4103
CBSA code
40380
CBSA name
ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$68,000
$264,000
$332,000
-
$86,086
$334,214
$420,300

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