22 Franklin Ct Rochester, NY 14604
- Parking lots & garages
- 0.17 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 22 Franklin Ct
- Lot size
- 0.17 lot acres
- Zone code
- 24
- Property type
- Parking lots & garages
- APN
- 261400 106.80-1-40.001
- APU
- 26140010680140001
Description
This exceptional 0.38-acre commercial land parcel, located at 22 and 30 Franklin Court in Rochester, NY (14604), presents a unique investment opportunity. Currently operating as a profitable parking lot generating approximately $38,000 in annual income, the property offers immediate cash flow. The site comprises two parcels, each offering potential for significant development. The combined area of 0.38 acres provides ample space for various projects. Adjacent parcels totaling an additional 0.14 acres are also available for purchase, expanding the potential development area to approximately 0.52 acres. This prime location in the heart of downtown Rochester offers unparalleled access to amenities and high visibility. The property's current use as a parking lot with approximately 55-60 spaces demonstrates strong market demand. The site's triangular shape presents a unique architectural challenge and opportunity for creative development. This is a turnkey opportunity for developers seeking a high-yield, income-producing asset in a thriving urban environment. The asking price for this exceptional property is $225,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.6056
- Latitude
- 43.1591
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
