Property profile

1999 Mount Read Blvd Rochester, NY 14606

FOR SALE
Manufacturing properties
Property ID
US63-1555139
29,964 SF 11.2 ac lot Built 1990
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 31-acre industrial land parcel presents a unique opportunity in Rochester, New York. Located at 1999 Mount Read Boulevard, this property boasts convenient access to major transportation arteries. Primary access is directly from Mount Read Boulevard, just south of Ridgeway Avenue. The site benefits from its strategic location, neighboring Eastman Kodak to the north, west, and south, and Holleder Industrial Park to the east. Interstate 390 is readily accessible, approximately one mile west at the intersection of Ridgeway Avenue and I-390, while Ridge Road is less than a mile to the north. The Greater Rochester International Airport is conveniently situated only four miles to the south. This property is ideal for industrial or manufacturing uses. The land itself is part of a larger area, with an adjoining 25.19-acre vacant parcel in Greece. While the existing structures are classified as Class B, significant upgrades were implemented in 1978, 1987, 1991, and 1995. Ample parking is available. The property is zoned for industrial use and offers significant potential for development or expansion. This location provides excellent access to a skilled workforce and established infrastructure, making it an attractive investment for businesses seeking a strategic presence in the Rochester area. The property is situated in Monroe County, NY, with a zip code of 14606.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1990
Total area 29,964 SF
Lot 11.2 ac (487,698 SF)
APN 261400 090.54-1-5
UPID US63-1555139

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
  • Bakery Specialty Food Shop
  • General Contractor Waste Management Facility
  • Big Box & Wholesale Store Building Supply
  • (Bike/Boat/Book/etc) Store Building Supply
  • Auto Parts Store (Bike/Boat/Book/etc) Store

Location

1999 Mount Read Blvd Rochester, NY 14606
Rochester metro Census 1800 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$508k
Blend (final) Blend
$465k

Owner & transaction history

since 2023
6 recorded transactions
2024
Price N/A
2023
Price N/A
2022
Price N/A
2022
$1.8M
2022
$900,000
2022
Price N/A

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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