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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1517 Brighton Henrietta Town Line Rd Rochester, NY 14623

    • Distribution centers
    • 17,809 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1853753
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Distribution centers

    Property Details for 1517 Brighton Henrietta Town Line Rd

    Lot size
    0.40 lot acres
    Property size
    17,809 SF
    Property type
    Distribution centers

    Description

    This exceptional 0.4-acre development site in Rochester, NY, presents a compelling redevelopment opportunity, listed at $299,000. Located at 1517 Brighton Henrietta Town Line Rd, 14623, this property boasts 17,809 square feet and is zoned for industrial use. Currently featuring an 888 square foot single-family home, a fenced yard, garage, and driveway, the site offers significant potential for various projects. Permitted uses under the Industrial zoning include light manufacturing, corporate or administrative offices, call centers, self-storage facilities, warehousing, storage and distribution, and food processing and distribution centers. Its prime location near the Brighton-Henrietta Townline Road and W. Henrietta Road intersection provides excellent visibility and accessibility. Furthermore, the property benefits from its proximity to major retail corridors like Marketplace Mall and Jefferson Road, as well as two significant colleges: Rochester Institute of Technology (less than 3 miles, 18,632 students) and Monroe Community College (less than 2 miles, 17,699 students), ensuring a strong demographic base. The price per square foot is $16.79. This site is ideal for investors seeking a high-potential redevelopment project in a thriving area. Don't miss this chance to capitalize on this strategic location and diverse development possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.638080259277
    Latitude
    43.09375778337

    Comparable in this City

    • Contact for pricing
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      Rochester Industrial Property - $9M

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      105,000 SF

      Industrial Property with Interstate Visibility

      105,000 SF industrial property with high parking ratio.
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      112,948 SF

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      9,760 SF

      Industrial Property with Drive-Through Bays

      3.5-acre industrial property featuring drive-through bays and paved, fenced lot.
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      11.92 Acres

      Henrietta Theater Redevelopment

      75,800 SF prime retail redevelopment.
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    Similar Nearby for Sale

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      3.14 Acres

      Jefferson Road Industrial Land

      3.14 Acres, Vacant, Prime Location
      600 Jefferson Rd, Rochester, NY 14623
      View Details
    • $9,000,000
      88,450 SF

      Rochester Industrial Property - $9M

      88,450 SF Vacant Industrial Building, Henrietta, NY
      3111 Winton Rd, Rochester, NY 14623
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      105,000 SF

      Industrial Property with Interstate Visibility

      105,000 SF industrial property with high parking ratio.
      1180 Jefferson Rd, Rochester, NY 14623
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      112,948 SF

      West Henrietta Road Flex Space

      Large flex space with showroom and warehouse/office areas.
      3737 W Henrietta Rd, Rochester, NY 14623
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      9,760 SF

      Industrial Property with Drive-Through Bays

      3.5-acre industrial property featuring drive-through bays and paved, fenced lot.
      80 Silvarole Dr, Rochester, NY 14623
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    • Contact for pricing
      11.92 Acres

      Henrietta Theater Redevelopment

      75,800 SF prime retail redevelopment.
      525 Marketplace Dr, Rochester, NY 14623
      View Details

    Similar Nearby for Lease

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      31,049 SF

      Henrietta Retail/Warehouse Space

      Rochester, NY: Flexible space available
      400 Jefferson Rd, Rochester, NY 14623
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      513,920 SF

      South Town Plaza: Rochester Warehouse

      Large Warehouse Space Available, Rochester, NY
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      21,079 SF

      Rochester Industrial Facility

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      88,450 SF

      Rochester Executive Office/Warehouse

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      84,650 SF

      Distribution Facility Near Major Highways

      Distribution property with highway access and ample parking in Henrietta.
      330 Clay Rd, Rochester, NY 14623
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    • Contact for pricing
      3 SF

      Land For Development Build-to-Suit

      Land for development suitable for warehouse, distribution, and last-mile centers.
      600 Jefferson Rd, Rochester, NY 14623
      View Details
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    1517 Brighton Henrietta Town Line Rd
    Rochester, NY 14623
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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