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    Property profile & analytics

    602 Ridge Rd Webster, NY 14580

    • Turn key restaurants
    • 9,384 SF
    • 1.40 lot acres
    For Lease
    View listing
    Value Estimation
    $250,000
    Last Sale
    Nov 05, 2020
    $240,000
    Location Intelligence
    Property ID
    US63-6072169
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 602 Ridge Rd

    Year built
    1950
    Lot size
    1.40 lot acres
    Property size
    9,384 SF
    Property type
    Turn key restaurants
    APN
    265489 078.20-1-16
    APU
    26548907820116

    Description

    This exceptional 8,549 square foot property, situated on a 1.4-acre lot in Monroe County, presents a unique investment opportunity. Currently zoned for Medium Commercial use, the building previously operated as a 6,802 square foot restaurant and bar, offering significant potential for repurposing. The property boasts ample parking with 100 spaces and convenient access via Gravel Cross Street. The adaptable space is ideal for a variety of uses, including medical facilities, event spaces, restaurants, or offices. The seller is open to leasing the existing structure or collaborating on a build-to-suit project, tailored to the buyer's specific needs. Lease rates are negotiable, providing flexibility for prospective tenants. This versatile property offers a blank canvas for entrepreneurs and investors seeking a prime location in a thriving commercial area. The substantial size and ample parking make it an attractive option for businesses requiring significant space and convenient access for clients and staff. Don't miss this chance to acquire a highly adaptable property with immense potential in a desirable Monroe County location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $235,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $255,000
      Mixed-Use
      $255,000
      Hospitality
      $190,000
      Educational
      $215,000
      Residential Income
      $255,000
      Energy
      $195,000
      Income-Based Land
      $205,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Webster
    County
    Monroe
    State
    New York
    Longitude
    -77.4955
    Latitude
    43.2052
    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
    $0.00
    $143,800
    $31,201
    $175,001
    -
    $247,910
    $53,790
    $301,700

    Comparable in this City

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      2245 Empire Blvd

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    • Value Estimation by Request
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      1763 Empire Blvd

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    • Value Estimation
      $340,000
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      1205 Bay Rd

      RESTAURANT • 2,880 SF
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      View Details

    Similar Nearby for Sale

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      Webster Development Site For Sale

      1.0 acre development site in a prime commercial corridor.
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      Commercial Land For Sale

      Commercial land available for sale.
      55 E Main St, Webster, NY 14580
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    Similar Nearby for Lease

    • $30 SF/Yr
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      Freestanding Building with Drive-Thru

      Corner lot with drive-thru in a growing retail corridor.
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      8,549 SF Medical/Restaurant Building, 100 Parking Spaces
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      227,462 SF

      Webster Square Retail Space For Lease

      Multiple restaurant spaces available, ample parking.
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    • $8 SF/Yr
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      Webster Warehouse - 6,000 SF Available

      Prime Webster warehouse space for lease. Ideal for distribution or retail.
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      980 Ridge Rd

      Power centers • 152,501 SF
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    Webster, NY 14580
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    Realmo Value Estimation

    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.

    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.

    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
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