Property profile

1633 Empire Blvd Webster, NY 14580

FOR SALE
Investment properties
Property ID
US63-5784075
2,912 SF 0.63 ac lot Built 1830
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1633 Empire Boulevard in Webster, NY, presents a unique investment opportunity. Spanning one acre at the highly visible intersection of Empire Boulevard and Plank Road, this property boasts a total of 2,900 square feet of usable space. A traffic light at the corner ensures optimal visibility and accessibility for potential businesses. The location benefits from significant foot and vehicle traffic, situated within a thriving retail corridor less than a mile from major shopping centers anchored by national brands such as TJ Maxx, McDonald's, Dunkin', Target, and Starbucks. This prime location is part of the Rochester, NY MSA, a market with over 1.1 million residents, and enjoys convenient access to major highways including routes 104 and 590. The surrounding area has experienced substantial growth and development in recent years, featuring a mix of national chains, local businesses, residential developments, and commercial spaces encompassing office, medical, and legal uses. The property is ideally suited for redevelopment or continued use as an existing commercial building, offering significant potential for a variety of businesses seeking a high-traffic, high-visibility location within a densely populated and affluent community. The existing building provides a solid foundation for immediate occupancy or a blank canvas for a new development. This is a rare opportunity to acquire a strategically located commercial property in a rapidly growing market.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1830
Total area 2,912 SF
Lot 0.63 ac (27,443 SF)
Zoning code LB
APN 264200 093.19-1-21.1
UPID US63-5784075

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
  • Financial Advisor
  • Accounting Firm Tax Preparation

Location

1633 Empire Blvd Webster, NY 14580
Webster metro Census 11507 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2024
Last sale
$300,000
5 recorded transactions
2024
$300,000
2009
$187,000
2009
$180,000
2004
$156,000
1969
Price N/A

Zoning & alternative use

LB · Webster, 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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More about this property
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