4600 Ridge RdRochester, NY 14626

  • Retail properties
  • 552 SF
For Sale
$1,390,000 View listing

Property Details for 4600 Ridge Rd

Year built
1980
Lot size
4.37 AC
Property size (Sq ft)
552 SF
Zone code
05 - COMMERCIAL
Property type
Retail properties
Property subtype
Other automotive properties
APN
262800 073.01-1-26
APU
26280007301126

Description

This exceptional 4.37-acre commercial land parcel presents a rare investment opportunity in Rochester, NY. Located at the highly visible corner of West Ridge Road and Manitou Road, this property boasts unparalleled exposure with over 23,000 vehicles passing daily. The strategic location on "Automotive Row" is further enhanced by a traffic signal directly in front, ensuring maximum visibility for any business. The property includes a small office building featuring a clean and dry basement, offering immediate utility and potential for expansion or redevelopment. The expansive lot size provides ample space for a variety of commercial ventures, making it an ideal location for businesses seeking high traffic and prominent visibility. This prime location in Monroe County, with its convenient access to major roadways and a thriving local economy, offers significant potential for growth and return on investment. Don't miss this chance to acquire a truly exceptional commercial property in one of Rochester's most sought-after locations. The property is zoned for commercial use and is being offered for sale. The address is 4600 W Ridge Rd, Rochester, NY 14626.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $131,034
    6.5%
    $120,954
    7%
    $112,315
  • Comparable approach

    Method
    Valuation
    Relative Method
    $127,083
    Geo Method
    $87,510
  • Alternative Use

    Use
    Valuation
    Residential
    $102,030
    Hospitality
    $93,459
    Educational
    $77,756
    Medical
    $80,431
    Retail
    $120,954
4600 Ridge Rd, Rochester, New York
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Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.2183
Longitude
-77.7517
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
-
$50,400
$219,700
$270,100
-
$58,605
$255,465
$314,070

FAQs

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