Property profile

1302 Scottsville Rd Rochester, NY 14624

FOR LEASE
Investment properties
Property ID
US63-3826739
7,678 SF 1.48 ac lot Built 2003
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A retail strip center, located at 1302 Scottsville Rd in Rochester, NY, offers 3,000 square feet of immediately available space within a 7,678 square foot building. Built in 2001, this single-story property sits on a 1.48-acre lot and boasts ample parking. The property features high ceilings and pylon signage, ensuring high visibility for your business. Its convenient location near the Rochester International Airport, RIT, the University of Rochester, and major interstates guarantees a steady flow of potential customers. The zoning is Commercial, and the property is situated in the Chili submarket of Monroe County (APN: 262200-135-030-0001-016-102). The building consists of three suites in total, providing a thriving retail environment. Tenant build-out options are available to customize the space to meet your specific business needs. This prime location offers a significant opportunity for businesses seeking high visibility and convenient access to a large customer base in Rochester's competitive market. The property benefits from high traffic counts and is situated next to a Dunkin' location.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2003
Total area 7,678 SF
Lot 1.48 ac (64,469 SF)
Zoning code 05 - COMMERCIAL
APN 262200 135.03-1-16.102
UPID US63-3826739

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
  • Employment Agency

Location

1302 Scottsville Rd Rochester, NY 14624
Rochester metro Census 14602 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$791k
Blend (final) Blend
$805k

Owner & transaction history

since 2010
2 recorded transactions
2010
Price N/A
2009
Price N/A

Zoning & alternative use

05 - COMMERCIAL · Rochester, NY
Top alternative use upside
Restaurant $975,000 +57.9%
Auto repair, garage $820,000 +32.7%
Office building $635,000 +2.8%

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?”
More about this property
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