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Property profile & analytics
OFF-MARKET Estimated value $5,355,000
Distribution centers

111 Parce Ave Fairport, NY 14450-1467

395,700 SF 8.73 ac lot Built 1906
Entity Owned Free & Clear
Property ID
US63-2431533
Property summary
AI-generated overview

This exceptional warehouse property, located in the heart of Fairport, NY's Blue Collar District at 111 Parce Ave, 14450, offers a unique investment opportunity. The building boasts a versatile design suitable for various industrial, retail, and office uses, making it ideal for multiple tenants. With a total of four stories, the property provides ample space, with minimum divisible units of 5,000 square feet and a maximum contiguous space of 20,000 square feet. The building features one loading dock for efficient goods handling and ample parking is available for tenants and visitors. Conveniently located in the Village of Fairport, in Monroe County, New York, this property benefits from excellent accessibility and visibility. The presence of elevators ensures easy vertical transportation throughout the building, enhancing operational efficiency. This multi-tenant warehouse presents a compelling opportunity for investors seeking a well-located, versatile property in a thriving New York community. The property's size and features make it suitable for a variety of businesses, offering significant potential for long-term growth and return on investment. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1906
Total area 395,700 SF
Lot 8.73 ac (380,279 SF)
Zoning code 06 - INDUSTRIAL
APN 264403 152.12-2-2.1
UPID US63-2431533
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Iron Smoke Distillery Brewery & Distillery Bar & Pub
  • Volt Tek Inc Building Supply Electrical Service
  • Conking & Calabrese Co Inc Building Supply Industrial Manufacturer
  • Triphammer Bierwerks Production Facility Brewery & Distillery
  • acelorex Industrial Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.53M
Blend (final) Blend
$5.36M
Owner & transaction history
AMERICAN PARK PLACE INC
AMERICAN PARK PLACE INC
Zoning & alternative use
06 - INDUSTRIAL · Fairport, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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