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    Property profile & analytics
    OFF-MARKET Estimated value $700,000
    Office buildings

    3000 Rdg Rd, Rochester, NY 14622-3028

    39,328 SF 6 ac lot Built 1983
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-2331595
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    Stahl Enterprises INC · 1 yrs held
    Stahl Enterprises INC
    since 2024
    Last sale
    $700,000
    2 recorded transactions
    2024
    $700,000
    2012
    $1.8M
    Zoning & alternative use
    02 - SINGLE RESIDENCE · Rochester, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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