Property profile

610 Greece Rd Hilton, NY 14468

OFF-MARKET
Strip malls
Property ID
US63-2840318
22,810 SF 2.3 ac lot Built 1968
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

North Greece Plaza offers a prime 10,000-square-foot retail space available for lease. This single-tenant property presents a blank canvas for a new business, boasting a clean slate ready for immediate build-out. The space benefits from three-phase electric service, ensuring ample power for a variety of retail operations. A convenient loading dock facilitates efficient receiving and shipping. Ample parking is provided with a 130-car parking lot, ensuring customer convenience. This exceptional location is part of the established North Greece Plaza, a community landmark with a strong 50-year history, guaranteeing high visibility and established customer traffic. Triple net lease rates are estimated between $3.00 and $3.50 per square foot. The property's size and amenities make it ideal for a wide range of retail businesses seeking a prominent location within a well-established and thriving community. The substantial parking lot ensures easy access for customers and employees alike. The existing infrastructure, including the three-phase electrical service and loading dock, minimizes upfront capital expenditures for the tenant. This presents a unique opportunity to establish a business in a highly visible and accessible location with a proven track record of success. The long-standing presence of North Greece Plaza within the community provides a strong foundation for any new retail venture.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1968
Total area 22,810 SF
Lot 2.3 ac (100,188 SF)
APN 262800 044.02-1-22
UPID US63-2840318

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Training Center
  • Bakery Specialty Food Shop
  • Bakery Specialty Food Shop

Location

610 Greece Rd Hilton, NY 14468-8976
Hilton metro Census 13508 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$640k

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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