3101 Ridge Rd Greece, NY 14626
- Office buildings
- 4,787 SF
- 0.43 lot acres
Current Use by Public Records
- Bayfront Dental PC- Shaesta Najeem DDS / Dentist
- Nationwide Insurance: Thomas J. Antinora, Jr. / Home Insurance Agency / Life Insurance Agency
- Lisa Anne Smith, MD / Pediatrician / Internist
- West Ridge OB/GYN - Greece / Obstetrician-Gynecologist
- West Ridge Obstetrics-Gyn: Eigg Marc H MD / Obstetrician-Gynecologist
Property Details for 3101 Ridge Rd
- Year built
- 1982
- Lot size
- 0.43 lot acres
- Property size
- 4,787 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Office buildings
- APN
- 262800 074.13-3-24.2
- APU
- 262800074133242
Description
This exceptional 8,500 square foot office building, located at 3101 W Ridge Rd in Greece, NY, presents a prime investment opportunity for owner-users. The property, built in 1981, is a Class B, two-story building situated on a 0.76-acre lot. The asking price is $600,000, translating to $70.59 per square foot. The building offers versatile space suitable for creative, medical, or traditional office uses. Approximately 4,000 square feet on the second floor is move-in ready, while the first floor presents potential for income generation or owner-occupancy. The property boasts a history of medical tenants and benefits from significant existing infrastructure, including 35+ parking spaces and various security measures. Further enhancing its value, the building features a generator and a roof replaced in 2017. The property is zoned 05 and is being offered for sale by owner. This is a rare opportunity to acquire a well-maintained, strategically located office building with significant upside potential. The property's prominent Ridge Road location ensures high visibility and accessibility. Serious inquiries are encouraged to explore this exceptional offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $310,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $315,000
- Mixed-Use
- $325,000
- Hospitality
- $320,000
- Educational
- $325,000
- Residential Income
- $335,000
- Energy
- $265,000
- Income-Based Land
- $325,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Greece
- County
- Monroe
- State
- New York
- Longitude
- -77.7113
- Latitude
- 43.2096
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
