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    OFF-MARKET
    Manufacturing properties

    61 Sherer St 77, Rochester, NY 14611-1617

    30,490 SF 1.7 ac lot Built 1966
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US63-3583061
    Property summary
    AI-generated overview

    This exceptional 30,490-square-foot warehouse, located at 61 Sherer St in Rochester, NY 14611, presents a compelling investment opportunity. Built in 1966, this Class C industrial property sits on a 1.23-acre lot and is zoned M1, offering significant flexibility for various industrial uses. The warehouse boasts four loading docks and six drive-in doors, ensuring efficient loading and unloading operations. Ample power is available to accommodate heavy machinery, making it suitable for a range of industrial tenants. A key advantage is the availability of an additional lot for lease, providing potential for expansion or outdoor storage/operations. The property offers some space currently available for owner-occupancy or leasing, providing immediate income potential or the option to utilize the space for your own business. This prime Rochester location offers easy access to major transportation routes, making it an ideal choice for businesses needing efficient logistics. The property's features and location combine to create a strong investment opportunity with significant upside potential. The asking price for this well-situated warehouse is $1,500,000.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1966
    Total area 30,490 SF
    Lot 1.7 ac (74,160 SF)
    APN 261400 120.32-1-26.001
    UPID US63-3583061
    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
    Current use
    Occupant on record · Public records
    • Reboxco International Industrial Manufacturer Factory
    • Kemron Environmental Services Environmental Consultant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Mp Warehouse LLC · 8 yrs held
    Mp Warehouse LLC
    since 2018
    1 recorded transaction
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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