Property summary
This exceptional 1.49-acre redevelopment opportunity in Rochester, NY, presents a unique chance to capitalize on a prime commercial location. Situated at 1597 W Ridge Rd, 14615, this 5,400 square foot storefront property boasts a 100% occupancy rate and is zoned for commercial use. The property is currently configured as a multi-tenant retail space with a ground lease in place, offering flexibility for various redevelopment scenarios. Its strategic location along West Ridge Road, a major retail corridor in Greece, ensures high visibility and accessibility. The site benefits from proximity to Interstate 390 and the Mall at Greece Ridge, within one mile, guaranteeing substantial foot and vehicle traffic exceeding 48,800 vehicles per day. Furthermore, the potential for traffic signal access enhances the property's appeal. This versatile site is ideal for a variety of uses, including retail and office spaces, making it an attractive investment for developers seeking a high-traffic, well-located asset in a thriving commercial area. The property's existing infrastructure and high occupancy rate provide a solid foundation for future development and growth. This is a truly exceptional opportunity to acquire a prime piece of commercial real estate in a rapidly growing market.
Property profile
VerifiedCap rate & NOI
Current use
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Physician Medical Clinic
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Pharmacy
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Insurance Agency
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Physician
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Counselor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Rochester, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 05 - COMMERCIAL in Rochester, NY.
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- Property Ownership
- Basic report summary
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- Value Estimation
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- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning