Property profile

1500 Lexington Ave Rochester, NY 14606

OFF-MARKET
Industrial land
Property ID
US63-1483268
1.95 ac lot
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 300,000-square-foot industrial property at 1500 Lexington Avenue in Rochester, New York, offers a unique opportunity for businesses seeking a versatile and strategically located space. Built and renovated in 2025, this Class B building sits on a substantial 16-acre lot with 916 feet of frontage, providing ample room for expansion and operations. The property is currently entirely vacant and available for immediate occupancy. Its flexible design caters to a wide range of industrial uses, including manufacturing, warehousing, distribution, flex space, and R&D. The building features 4-phase power, making it suitable for energy-intensive operations. Located in Monroe County's Western New York submarket, this property benefits from a prime location within a half-mile of major distribution and light industrial users. Its strategic position offers superb access to Upstate New York and beyond, including proximity to the US-Canadian border (within one hour's drive). The General Industrial (GI) zoning allows for diverse business applications. This single-tenant building is ideal for both smaller occupiers and large-scale distributors and logistics companies seeking a modern, efficient, and well-connected facility in the thriving Rochester area. The address is 1500 Lexington Ave, Rochester, NY 14606.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.95 ac (84,942 SF)
Zoning code 32
APN 261400 104.28-1-2.001
UPID US63-1483268

Cap rate & NOI

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

Location

1500 Lexington Ave Rochester, NY 14606-3136
Rochester metro Census 980200 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2018
4 recorded transactions
2018
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

32 · Rochester, NY

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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