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Property profile & analytics
OFF-MARKET
Flex space

119 Shepard Rd Rochester, NY 14624

500,000 SF 87.5 ac lot
Property ID
US63-6251740
Property summary
AI-generated overview

This exceptional 500,000-square-foot industrial property in Rochester, NY, presents a unique investment opportunity. Situated on a sprawling 87.5-acre lot with 1732 feet of frontage, this single-tenant building offers ample space for manufacturing, warehousing, or distribution. The property boasts a Light Industrial (LI) zoning designation and is conveniently located near Manitou Rd and Gillett Rd in Monroe County's Western New York submarket. All utilities are readily available at the roadside or on-site, and Shepard Road, a county road, is designed to handle heavy commercial truck traffic. The property's strategic location is further enhanced by its adjacency to an Amazon distribution center. Completed in 2022, the SEQR process for rezoning to Light Industrial anticipated a 385,000 sq ft buildout, demonstrating the property's significant development potential. The site offers approximately 50 acres of contiguous buildable land outside the FEMA 100-year floodplain, free from wetlands and protected species. The speed of approvals and permitting is evidenced by the adjacent Amazon facility, which received approvals and construction permits within four months. This property is ideal for businesses seeking a large-scale, well-located industrial space with significant expansion capabilities.

Property profile
Verified
Property type Flex space
Total area 500,000 SF
Lot 87.5 ac (3,811,500 SF)
UPID US63-6251740
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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