2050 Latta Rd Rochester, NY 14612
- Strip malls
- 17,380 SF
- 3.37 lot acres
Current Use by Public Records
- Bill Gray's Latta Rd. / Hamburger Restaurant / American Restaurant
- Robert W. Mcdonald, RPH / Pharmacy
- George J. Faris, RPh / Pharmacy
- Abbott's Frozen Custard at Bill Gray's / Ice Cream Shop
- Eckman Melissa A / Massage Therapist
Property Details for 2050 Latta Rd
- Year built
- 1982
- Lot size
- 3.37 lot acres
- Property size
- 17,380 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 262800 046.13-1-13.1
- APU
- 262800046131131
Description
This exceptional 7,247 square foot retail/office suite is located at 2050 Latta Road in Greece, NY, a high-traffic area within a thriving strip center. The property, built in 1982, boasts a single-story building totaling 17,380 square feet, divided into four suites. This particular suite offers ample space for a variety of retail or office uses, with the potential for expansion. The property sits on a 3.37-acre lot providing over 163 parking spaces, ensuring convenient access for customers and employees. The building features three-phase power, making it suitable for businesses with significant energy demands. Its prime location along Latta Road, with a high average annual daily traffic count (AADT) exceeding 23,000, guarantees exceptional visibility and accessibility. The property is zoned BR (Business District) and is situated in Greece, Monroe County, NY, the most populous town in the Rochester area, offering access to a large and engaged customer base. The property's strategic location within a strip center anchored by established businesses provides a strong foundation for success. This is a rare opportunity to establish a business in a high-traffic, high-visibility location with ample parking. The property's address is 2050 Latta Rd, Rochester, NY 14612, with the cross street being Island Cottage Rd. The parcel number is 262800-046-130-0001-013-100.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,510,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,500,000
- 6.5%
- $1,480,000
- 7%
- $1,460,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,250,000
- Geo Method
- $1,650,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,350,000
- Retail
- $1,250,000
- Mixed-Use
- $1,410,000
- Hospitality
- $1,495,000
- Educational
- $1,265,000
- Residential Income
- $1,510,000
- Energy
- $1,245,000
- Income-Based Land
- $1,175,000
- Food Service
- $1,220,000
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.6663
- Latitude
- 43.2538
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
