Warehouse Storage
For Sale
Contact for pricing
1011 Pittsford Palmyra Rd, Macedon, NY 14502
Flexible warehouse space with potential owner-led improvements for a long-term lease.
Property Size4,000 SF
Price / SF$0.63
Days on Market49
Property Features for 1011 Pittsford Palmyra Rd
General Information
Standard status
Active
Size
4,000 SF
Property subtype
CommercialLease
Additional Details
Warehouse Space
4,500 SF
Listing Agency:
Flaum Management Company Inc.
Listed By:
Justin Merriam · License #10491208239
(585) 546-4866
Source:
Nicholcityrealty
Added: Sep 13
Changed: Oct 26
Last Checked: Oct 30 at 2:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Flaum Management Company Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Warehouse and storage space is available at 1011 Pittsford Palmyra Rd in Macedon, New York. The property is positioned behind Hooligans and can accommodate owner-led buildout tied to a long-term lease arrangement.
Key Highlights
- Warehouse and storage use
- Owner willing to complete buildout for a long‑term lease
- Located behind Hooligans in Macedon
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,040
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,800
$600.8K
Cap Rate 7%
$429,143
$429.1K
Cap Rate 9%
$333,778
$333.8K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$37.9K $9.48/SF
− Vacancy
−$2.6K −$0.64/SF
EGI
$35.3K $8.84/SF
− OpEx
−$5.3K −$1.33/SF
NOI
$30.0K $7.51/SF
Area
Wayne County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,800
Cap Rate 7%
$429,143
Cap Rate 9%
$333,778
Alternative Uses
Best Use
Warehouse
$429.1K
$375.5K – $500.7K
NOI $30,040 @ 7.0% cap · market cap 1,201.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$942.8K – $1.26M
NOI $75,427 @ 7.0% cap · market cap 3,017.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14502, NY
10,760
Population
4,769
Households
2.3
Avg Household Size
43
Median Age
41%
College-Educated
94%
High-School Grad
35.8 sq mi
ZIP Area
301
Density / Sq Mi
$83,224
Median Household Income
$57,038
Median Earnings
$999
Median Rent
$219,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Warehouse - Flexible warehouse space with potential owner-led improvements for a long-term lease.
Where is this warehouse located?
The property is located at 1011 Pittsford Palmyra Rd Macedon, NY.
What are key features of this property?
This property features: Warehouse and storage use; Owner willing to complete buildout for a long‑term lease; Located behind Hooligans in Macedon
