Property profile

77 Ridgeland Rd Rochester, NY 14623

OFF-MARKET
Manufacturing properties
Property ID
US63-2095103
42,348 SF 3.84 ac lot Built 1967
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This 45,000-square-foot industrial property in Rochester, NY, offers flexible space ideal for manufacturing, refrigerated storage, R&D, or distribution. Located at 77 Ridgeland Rd, this single-story, Class B building sits on a 3.6-acre lot (167,270 sq ft) and features 10,000 to 40,000 contiguous square feet available for lease. Built in 1967 and renovated in 2000, the property boasts 21'8" ceilings in 18,000 square feet and 12'6" ceilings in 22,500 square feet. Two dock-high doors provide convenient loading and unloading, supplemented by 113 parking spaces. The facility includes approximately 3,300 square feet of walk-in cold storage (20ft high) and 6,500 square feet of high-quality office space, along with a 2,000 sq ft annex building with a wet lab and office. The property benefits from 3-phase power (2,000 amps available), backup power generation, and a Siemens energy/building management system. Its location in Henrietta, NY, offers easy access to I-390, the NY State Thruway, Rochester's airport, and downtown Rochester, while enjoying a quiet setting with ample nearby amenities. The property is zoned industrial and is adaptable to various industries, suitable for single or multiple tenants. This exceptional facility presents a unique opportunity for businesses seeking a well-equipped and strategically located industrial space.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1967
Total area 42,348 SF
Lot 3.84 ac (167,270 SF)
Zoning code 06 - INDUSTRIAL
APN 263200 162.07-1-13
UPID US63-2095103

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
  • Medical Laboratory
  • Corporate Office
  • Corporate Office

Location

77 Ridgeland Rd Rochester, NY 14623-3111
Rochester metro Census 13101 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.21M
Blend (final) Blend
$3.11M

Owner & transaction history

since 2022
Last sale
$3.4M
2 recorded transactions
2022
$3.4M
2007
Price N/A

Zoning & alternative use

06 - INDUSTRIAL · Rochester, NY
Top alternative use upside
Restaurant $5.4M +281.2%
Auto repair, garage $4.5M +220.3%
Commercial (general) $4.0M +184.8%

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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