300 Commerce Dr Rochester, NY 14623
- Warehouses
- 18,698 SF
- 2.70 lot acres
Current Use by Public Records
- Warehouses
Property Details for 300 Commerce Dr
- Year built
- 1967
- Lot size
- 2.70 lot acres
- Property size
- 18,698 SF
- Zone code
- 06 - INDUSTRIAL
- Property type
- Warehouses
- APN
- 263200 161.10-1-18
- APU
- 26320016110118
Description
This exceptional 21,079-square-foot industrial facility, located at 300 Commerce Drive in Rochester, New York, presents a unique investment opportunity. The single-tenant property boasts a desirable location in Monroe County, offering convenient access to key transportation arteries including I-390, the New York State Thruway (I-90), and the Greater Rochester International Airport. Its strategic proximity to the Rochester Institute of Technology (RIT) further enhances its appeal. The building features a 17-foot clear ceiling height, providing ample vertical space for various industrial operations. Loading and unloading are facilitated by one loading dock and one drive-in door. The property is equipped with substantial power: 800 amps, three-phase, 120/480 volts, ensuring sufficient capacity for energy-intensive manufacturing processes. Further enhancing its functionality, the property includes valuable outside storage space and a comprehensive sprinkler system, meeting essential safety standards. The property is classified as industrial, with subtypes encompassing manufacturing, research and development, and warehousing, making it suitable for a diverse range of industrial uses. The building is a single-story structure, offering efficient workflow and accessibility. This turnkey facility is ready for immediate occupancy, presenting a compelling opportunity for businesses seeking a well-appointed and strategically located industrial space in the thriving Rochester market. The property's zip code is 14623.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $625,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $505,000
- 6.5%
- $500,000
- 7%
- $525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $535,000
- Geo Method
- $495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $670,000
- Retail
- $675,000
- Mixed-Use
- $580,000
- Hospitality
- $530,000
- Educational
- $685,000
- Residential Income
- $620,000
- Energy
- $580,000
- Income-Based Land
- $675,000
- Food Service
- $655,000
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.6545
- Latitude
- 43.0815
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
