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    FOR SALE
    Commercial land

    1798 Penfield Rd, Penfield, NY 14526

    1,557 SF 0.66 ac lot Built 1820
    Entity Owned 16-yr Hold ~ Est. High Equity
    Property ID
    US63-3953027
    1798 Penfield Rd, Penfield, NY 14526 For Sale
    $750,000 1,557 SF
    1798 Penfield Rd, Penfield, NY 14526
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    Property summary
    AI-generated overview

    This exceptional .66-acre commercial land parcel, located at 1798 Penfield Road in Penfield, NY 14526, presents a unique investment opportunity. Situated in the highly desirable Four Corners district, this property boasts 87 feet of frontage on Route 441, with convenient rear access via Five Mile Line Road. The zoning is FC- 4 Corners Penfield, allowing for a variety of potential uses, subject to town approval. With a high average annual daily traffic count of 32,641 vehicles, this location offers unparalleled visibility and accessibility. Utilities are already in place, simplifying the development process. The property is available for lease or sale, and the owner is open to build-to-suit options, making it an ideal site for businesses seeking a prominent presence in Penfield's thriving market. The lot size is 0.66 acres (28,750 square feet) and the APN is 264200-139-050-0002-022-000. This is a single-tenant property within the Rochester submarket and Penfield submarket cluster. The property's strategic location and flexible options make it an attractive proposition for a wide range of commercial ventures. Don't miss this chance to secure a highly visible and accessible location in a bustling commercial area. Price is negotiable.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1820
    Total area 1,557 SF
    Lot 0.66 ac (28,750 SF)
    Zoning code FC
    APN 264200 139.05-2-22
    UPID US63-3953027
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Twin Cities Realty LLC · 16 yrs held
    Twin Cities Realty LLC
    since 2010
    1 recorded transaction
    2010
    $250,000
    Zoning & alternative use
    FC · Penfield, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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