1345 Penfield Center Rd, Penfield, NY 14526
For Sale
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This exceptional 12.88-acre agricultural property in Penfield, NY, presents a unique investment opportunity. The site boasts a substantial 25,000 square foot greenhouse, including a dedicated 1-acre hydroponic greenhouse, perfectly suited for diverse agricultural operations. Complementing the greenhouse is 3,200 square feet of commercial space, featuring three walk-in coolers and adjacent living quarters, providing ample storage and potential for on-site management. The property benefits from a recently upgraded 400-amp electrical service, ensuring sufficient power for demanding agricultural operations. Thirty or more newly paved parking spaces accommodate staff and visitors. The property is zoned RA-2, permitting continued agricultural use, and enjoys a prime location in Penfield, offering easy access to major transportation routes and proximity to key markets. The previous use included outdoor hemp and general produce farming. This versatile property is ideal for established agricultural businesses seeking expansion or entrepreneurs looking to establish a thriving operation. The potential for diversification and exploration of niche markets is significant. While the current zoning allows for continued agricultural use, discussions regarding potential re-zoning are welcome. The asking price for this exceptional property is $825,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RA-2 · Penfield, NYPenfield. Always verify with local authorities before improvements.
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.