2211 Lyell AveRochester, NY 14606

  • Office properties
  • 13,397 SF
For Sale
$160,000 View listing

Property Details for 2211 Lyell Ave

Year built
1990
Lot size
3.00 AC
Property size (Sq ft)
13,397 SF
Zone code
02 - SINGLE RESIDENCE
Property type
Office properties
Property subtype
Office buildings
APN
262600 104.19-3-1
APU
2626001041931

Description

This exceptional 12,541 square foot office building, situated at 2211 Lyell Ave in Rochester, NY, presents a unique leasing opportunity. The property, constructed in 1990 and classified as Class C, offers versatile space suitable for executive, traditional, or medical office uses. Currently, a single 1,500 square foot suite is available for lease, representing a portion of the building's multiple tenancies. The building sits on a sizable 3.04-acre lot and provides ample parking with 60 spaces for tenants and visitors. Its convenient location just off I-390 ensures easy access for employees and clients. The property is zoned under zoning code 2 within Monroe County and offers a blend of functionality and accessibility. The building's total square footage is 12,541 square feet, with 1,500 square feet currently vacant and ready for immediate occupancy. This presents an excellent opportunity for businesses seeking a well-located, adaptable office space in a thriving Rochester community. The property's diverse zoning allows for a range of potential uses, making it an attractive investment for various business types.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,163,391
    6.5%
    $1,996,976
    7%
    $1,854,335
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,223,926
    Geo Method
    $842,805
  • Alternative Use

    Use
    Valuation
    Residential
    $2,476,251
    Hospitality
    $2,268,232
    Educational
    $1,887,143
    Medical
    $1,952,044
    Retail
    $2,935,555
2211 Lyell Ave, Rochester, New York

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.164
Longitude
-77.6848
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
-
$300,000
$412,700
$712,700
-
$361,456
$497,244
$858,700

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