Property profile

655 Driving Park Ave Rochester, NY 14613

OFF-MARKET
Manufacturing properties
Property ID
US63-1138787
100,000 SF 5.01 ac lot Built 1940
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 103,000-square-foot industrial property, located at 655 Driving Park Avenue, offers a unique opportunity for businesses seeking flexible warehouse, manufacturing, distribution, R&D, or commercial space. The Class B building features one suite, currently housing approximately seven businesses, with 26,000 square feet immediately available for lease. Spaces are divisible down to 2,000 square feet, with a maximum contiguous space of 26,000 square feet. The property boasts a 14-foot ceiling height, enhancing storage and operational efficiency. Loading and unloading are simplified with four loading docks and two drive-in doors. The robust power supply features 3000 amps of 3-phase service, complemented by compressed air throughout the facility. On-site amenities include ample fenced parking for 80-100 vehicles and an on-site property manager. The property is zoned M-1 and conveniently located near Wren Cross Street. Net lease rates are $3.50 per square foot, inclusive of base month utilities. This versatile space is ideal for a variety of industrial and commercial uses, offering a combination of size, functionality, and convenient location. Inquire today to explore the possibilities.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1940
Total area 100,000 SF
Lot 5.01 ac (218,236 SF)
APN 261400 090.80-2-3
UPID US63-1138787

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
  • (Bike/Boat/Book/etc) Store
  • Warehouse & Storage
  • Printing Service (Bike/Boat/Book/etc) Store

Location

655 Driving Park Ave Rochester, NY 14613-1566
Rochester metro Census 2200 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$505k

Owner & transaction history

since 2009
3 recorded transactions
2019
Price N/A
2009
Price N/A
1969
Price N/A

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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