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Property profile

1900 Empire Blvd Webster, NY 14580

OFF-MARKET
Strip malls
Property ID
US63-2224676
View Sample
35,546 SF 34.12 ac lot Built 1990
Entity Owned 2-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

BayTowne Plaza offers exceptional retail opportunities in a thriving commercial center. This 302,000 square foot plaza, strategically located between Penfield, Webster, and Irondequoit, boasts a strong tenant mix including Walmart, Starbucks, McDonald's, and Key Bank. Seven spaces are currently available, ranging from 1,500 to 10,539 contiguous square feet, with a total of 10,713 square feet currently vacant. Recent renovations have enhanced the shopping experience, creating a pedestrian-friendly "Street of Shops" with upscale dining and retail options. The plaza features expansive storefront windows, ample parking, and convenient access from Route 590 and Route 104 via a main signaled entrance and secondary entrances. Existing tenants include Planet Fitness, Once Upon a Child, Di Bella's Old Fashioned Submarines, and BayTowne Wine & Spirits, creating a diverse and attractive retail environment. The property sits on approximately 34 acres and offers high visibility along a major thoroughfare, ensuring significant foot traffic and exposure for prospective tenants. This is an ideal location for businesses seeking a strong presence in a well-established and growing commercial area. The minimum divisible space is 1,500 square feet.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Total area 35,546 SF
Lot 34.12 ac (1,486,267 SF)
Zoning code GB
APN 264200 093.02-1-23.111
UPID US63-2224676

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
  • Loan Service Financial Advisor
  • Training Center Sports School
  • Take-out & Catering
  • Pediatrician Physician
  • Event Planning Party Supply Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.12M
Blend (final) Blend
$3.19M

Owner & transaction history

since 2023
5 recorded transactions
2023
Price N/A
2015
Price N/A
2012
Price N/A
2008
Price N/A
1969
Price N/A

Zoning & alternative use

GB · Webster, NY
Top alternative use upside
Restaurant $4.2M +68.5%
Auto repair, garage $4.0M +62.7%
Office building $3.2M +29.2%

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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