Property profile

3000 Rdg Rd Rochester, NY 14622

OFF-MARKET
Office buildings
Property ID
US63-2331595
39,328 SF 6 ac lot Built 1983
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Rochester, NY office building, located at 3000 East Ridge Road, offers 45,565 square feet of versatile space. The single-story, 1950-built structure underwent a complete renovation in 2018, boasting a 15-foot ceiling height. The property is zoned R-1 with a variance and sits on a six-acre lot, providing ample parking for 300 vehicles. The building is classified as Class B and features multiple suites, with a minimum divisible space of 1,000 square feet and the potential to lease the entire 45,565 square feet contiguously. Currently, the entire 45,565 square feet is vacant and available for lease. The property is ideally suited for a variety of office uses, including creative, traditional, executive, coworking, and medical offices. Utilities include a robust 2000-amp power supply. While elevators are not present, the single-story design ensures easy accessibility. Annual property taxes are $4 per square foot. This prime location at the end of East Ridge Road in Rochester, NY presents a unique opportunity for a company seeking a substantial and well-maintained office space with extensive parking. The property's size and flexibility make it suitable for a wide range of businesses, from local enterprises to national corporations seeking a corporate headquarters.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Total area 39,328 SF
Lot 6 ac (261,360 SF)
Zoning code 02 - SINGLE RESIDENCE
APN 263400 077.20-1-54.2
UPID US63-2331595

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3000 Rdg Rd Rochester, NY 14622-3028
Rochester metro Census 10800 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$700k

Owner & transaction history

since 2024
Last sale
$700,000
2 recorded transactions
2024
$700,000
2012
$1.8M

Zoning & alternative use

02 - SINGLE RESIDENCE · Rochester, NY

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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