3286 Atlantic Ave, Penfield, NY 14526
For Lease
This exceptional 2-acre commercial land parcel presents a unique development opportunity in the thriving Town of Penfield, New York. Located at the intersection of Route 250 and Atlantic Avenue, this site boasts unparalleled visibility and accessibility due to its high traffic counts and strategic location. The property offers convenient ingress/egress points on both Atlantic Avenue and Route 250, further enhanced by traffic light access, ensuring seamless traffic flow for any future development. Zoned as MUD (Mixed Use Development), this versatile site allows for a wide range of development possibilities, catering to diverse business needs. The expansive 2-acre lot features a significant 278-foot frontage, providing ample space for a substantial building or complex. The single-tenant designation offers flexibility for developers seeking a tailored approach. Build-to-suit options are available, allowing for customized development plans to meet specific requirements. This prime location in Penfield, combined with its exceptional accessibility and flexible zoning, makes this property an ideal investment for developers seeking a high-impact commercial project in a rapidly growing area. The property's strategic positioning ensures strong visibility and convenient access for potential customers and employees. Don't miss this opportunity to secure a premier development site in one of New York's most desirable locations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.