Property profile

3860 E River Rd West Henrietta, NY 14586

FOR SALE
Commercial land
Property ID
US63-1395441
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Property summary

AI-generated overview

Well-located development parcel available in the Town of Henrietta. Property is surrounded by commercial and residential development and is in very close proximity to the Rochester Institute of Technology. Neighboring users include; Paychex, Hammer Packaging, University of Rochester, Plug Power, and various student housing developments across East River Road to the west and immediately to the south. The mixed-use overlay will offer a new owner flexibility in how they choose to develop the property. Perfect location for multifamily/student housing development as well as commercial/industrial uses.

Property profile

Verified
Property type Commercial land
UPID US63-1395441

Cap rate & NOI

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

Location

3860 E River Rd West Henrietta, NY 14586
West Henrietta metro
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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