Technical
Financial
Distress signals
Property profile

1245 Lee Rd Rochester, NY 14606

FOR SALE
Drive through restaurants
Property ID
US63-2060757
3,800 SF 1.3 ac lot Built 2017
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 7.4-acre industrial development site presents a unique investment opportunity in Rochester, New York. Strategically located at the highly visible intersection of Lee Road, Ridgeway Avenue, and I-390, this property boasts unparalleled access and exposure. The site, identified by APN 089.15-2-14, currently features a single, one-story building on the land. Five of the 7.4 acres are zoned for industrial use, with additional zoning permitting multi-storage facilities. A previous restaurant structure has been removed, creating a blank canvas for development. The property's western boundary is defined by I-390, ensuring convenient access to major transportation routes. This prime location in Monroe County, with a Rochester address and 14606 zip code, offers significant potential for various commercial ventures, including but not limited to, industrial development, self-storage facilities, and gas stations. The property's Class A designation reflects its high quality and potential. This is a rare opportunity to acquire a large, well-located parcel in a thriving suburban market. The permitted zoning includes fast food and industrial uses, providing flexibility for a range of development plans. The site's size and location make it ideal for a variety of commercial projects. This is a turnkey opportunity for developers seeking a high-impact location with excellent visibility and accessibility.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2017
Total area 3,800 SF
Lot 1.3 ac (56,628 SF)
APN 262800 089.15-2-14
UPID US63-2060757

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1245 Lee Rd Rochester, NY 14606
Rochester metro Census 14104 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2015
1 recorded transaction
2015
$250,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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