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    FOR SALE
    Commercial land

    275 Archer Rd, Churchville, NY 14428

    5.55 ac lot
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US63-1970603
    Property summary
    AI-generated overview

    This exceptional 5.5-acre commercial land parcel presents a unique investment opportunity in Churchville, NY. Strategically located at the intersection of Archer Road and Ballantyne Road (NYS Route 252), this property boasts excellent visibility and convenient access to Chili Center and Henrietta/Jefferson Road. Currently zoned Restricted Business, the site is ideal for various office uses. The seller is open to selling the entire parcel or individual portions, and is also willing to explore build-to-suit options to meet specific tenant requirements. Utilities are already available on-site, simplifying development. The property's "as is" condition allows for flexible development plans. While the current zoning permits many office uses, rezoning would be necessary for small retail establishments, including gas stations and convenience stores. A traffic light at the intersection further enhances visibility and accessibility, making this a prime location for businesses seeking high traffic exposure. The property's size and location make it an attractive option for a variety of commercial ventures. Consider the potential for subdivision to create multiple development sites. This is a rare opportunity to acquire a well-situated commercial land parcel in a growing area.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 5.55 ac (241,758 SF)
    Zoning code 05 - COMMERCIAL
    APN 262200 146.04-1-29
    UPID US63-1970603
    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
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Forest Creek Equity Corp · 9 yrs held
    Forest Creek Equity Corp
    since 2016
    2 recorded transactions
    2016
    $57,000
    2013
    $55,000
    Zoning & alternative use
    05 - COMMERCIAL · Churchville, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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