119 Shepard Rd Rochester, NY 14624
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.