Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    322 Oak St Rochester, NY 14608-1727
    Property profile & analytics

    322 Oak St Rochester, NY 14608-1727

    View on Map
    • Warehouses
    • 3,736 SF
    • 1.42 lot acres
    Off-Market
    Last Sale Jun 18, 2025
    $1,900,000
    Property ID
    US63-1001084
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wild Bill's Wholesale INC / Grocery & Convenience Store / Distribution Center

    Property Details for 322 Oak St

    Year built
    1960
    Lot size
    1.42 lot acres
    Property size
    3,736 SF
    Property type
    Warehouses
    APN
    261400 105.84-2-5
    APU
    2614001058425

    Description

    This exceptional 24,742-square-foot industrial distribution center, located at 322 Oak Street in Rochester, NY, presents a compelling investment opportunity. The property boasts a single-story, Class B building constructed in 1960 with a significant 19,950-square-foot warehouse addition completed in 2013, offering ample space for various distribution needs. The building features six loading docks and six dock-high doors, ensuring efficient shipping and receiving operations. High ceilings, ranging from 20 to 23 feet 6 inches, provide generous vertical clearance for storage. The property includes a sprinkler system for fire protection, a dedicated shipping/receiving area, and climate-controlled office space. Situated on a 1.42-acre lot, the property is zoned M-1 Industrial and includes fenced parking and 3-phase power. The property is currently owner-occupied and offers significant potential for future growth within the High Falls District of Rochester. The asking price is $2,400,000, translating to $97 per square foot. The property's features include two 12' x 14' drive-in doors, adding further flexibility to operations. This well-maintained facility is ready for immediate occupancy and presents a strong value proposition for discerning investors. The APN is 105.84-2-5.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.624
    Latitude
    43.1596
    CBSA code
    40380
    CBSA name
    ROCHESTER, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $47,900
    $627,100
    $675,000
    -
    $57,711
    $755,542
    $813,253

    Comparable in this City

    • Value Estimation by Request
      1,400 SF

      13th King St

      WAREHOUSE, STORAGE • 1,400 SF
      13th King St, Rochester, NY 14608-1918
      View Details
    • Value Estimation by Request
      3,980 SF

      61-63R Grape St

      WAREHOUSE, STORAGE • 3,980 SF
      61-63R Grape St, Rochester, NY 14608
      View Details
    • Value Estimation by Request
      8,100 SF

      88 Clf St

      WAREHOUSE, STORAGE • 8,100 SF
      88 Clf St, Rochester, NY 14608
      View Details
    • Value Estimation by Request
      3,696 SF

      85 Jay St

      WAREHOUSE, STORAGE • 3,696 SF
      85 Jay St, Rochester, NY 14608-1652
      View Details
    • Value Estimation
      $670,000
      14,726 SF

      510 State St, Unit 532

      WAREHOUSE, STORAGE • 14,726 SF
      510 State St, Rochester, NY 14608-1657
      View Details
    • Value Estimation by Request
      10,587 SF

      35 Ambrose St

      WAREHOUSE, STORAGE • 10,587 SF
      35 Ambrose St, Rochester, NY 14608
      View Details

    Similar Nearby for Sale

    • $350,000
      Pending

      High-Visibility Corner Commercial Building

      Mixed-use property with retail, warehouse, office, and residential spaces.
      175 Lyell Ave, Rochester, NY 14608
      View Details
    • $149,900
      Pending

      Rochester Warehouse for Sale

      Single-story brick warehouse with 5,230 SF in Rochester, NY.
      390 Seward St, Rochester, NY 14608
      View Details
    • $149,900
      Pending

      Rochester Warehouse for Sale

      Single-story brick warehouse with 5,230 SF in Rochester, NY.
      390 Seward St, Rochester, NY 14608
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Versatile Industrial & Office Space

      22,000 SF industrial and office property available for lease.
      86 White St, Rochester, NY 14608
      View Details
    • Contact for pricing

      Former Pharmacy Retail Space Available

      11,325 SF former pharmacy in redeveloping Bull's Head neighborhood.
      792 West Main St, Rochester, NY 14608
      View Details
    • $9,000 /Mo

      Historic Corn Hill Office Space

      Flexible office spaces for small businesses in historic Corn Hill.
      133 S Fitzhugh St, Rochester, NY 14608
      View Details
    • Contact for pricing
      2,892 SF

      Industrial-Style Office Space Available

      5,930 SF office space with exposed brick and wood beams.
      85 Allen St, Rochester, NY 14608
      View Details
    • $11 SF/Yr
      4,626 SF

      Rochester Commercial Property Sublease Opportunity

      Commercial property in Rochester, NY, available as a sublease.
      801-807 S Plymouth Ave, Rochester, NY 14608
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    322 Oak St
    Rochester, NY 14608-1727
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    322 Oak St, Rochester, NY, 14608
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!