Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8053 Pittsford Victor Rd Victor, NY

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail/office plaza on Route 96 in Victor, NY.

    Property size:
    2,239 SF
    Lot size:
    1.30 Acres

    Property Features for 8053 Pittsford Victor Rd

    General Information

    Size
    2,239 SF
    Lot size
    1.30 Acres

    We can help!

    Listing Contact
    Michael A. Smith
    Source: Moodyscre

    Listing Agent: Michael A. Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space on Route 96

    Victor Hill Commons is an 8,800 square foot retail and office plaza located on Route 96 in the Town of Victor. The property is located just past the entrance into Eastview Commons and adjacent to the 1.4M square foot Eastview Mall. The location benefits from easy ingress and egress off Route 96 and approximately 20,815 vehicles AADT. Two spaces are available with exposure and visibility from Route 96. One space is a 3,300 square foot end cap, and the other is a 2,239 square foot in line space. There is plenty of parking in the rear of the building.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Victor
    County
    Ontario
    State
    New York
    Longitude
    -77.4088794
    Latitude
    42.9825633

    Nearby Similar for Lease

    • Contact for pricing
      2,557 SF

      Modern Office Space Available

      2557 SF office space featuring modern amenities and flexible layout.
      590 Fishers Station Dr, Victor, NY 14564
      View Details
    • Contact for pricing
      12,188 SF

      Modern Office Space Available

      High-quality office space with modern amenities for lease.
      7620 Omnitech Pl, Victor, NY 14564
      View Details
    • $3,800 /Mo

      Updated Townhouse with Walkout Basement

      Updated 3-bedroom townhouse with 2.5 bathrooms, 2-car garage, walkout basement.
      1284 Courtney Dr, Victor, NY 14564
      View Details
    • $19 SF/Yr

      High-End Retail/Medical/Office Space

      Flexible spaces available for lease in Victor, NY.
      6531 Anthony Dr, Victor, NY 14564
      View Details
    • Contact for pricing
      27,909 SF

      Prime Retail Space Near Eastview Mall

      Retail opportunity in a high-traffic location near major shopping.
      100 Cobblestone Court Dr, Victor, NY 14564
      View Details
    • $144 SF/Yr
      12,071 SF

      Victor Industrial Warehouse

      12,071 SF Warehouse, Prime Location
      7401 Willowbrook Rd, Victor, NY 14564
      View Details
    • $10 SF/Yr
      10,000 SF

      Prime Victor, NY Flex Space

      10,000 SF Flex Warehouse, High Visibility
      6560 Anthony Dr, Victor, NY 14564
      View Details
    • Contact for pricing
      16,770 SF

      Retail or Flex Space Available

      5,000-17,000 SF available for lease with excellent visibility.
      7275 New York 96, Victor, NY 14564
      View Details
    • $12 SF/Yr
      12,000 SF

      Victor Executive Office Space

      12,000 sq ft Office Building, Build-to-Suit
      6535 Anthony Dr, Victor, NY 14564
      View Details
    • $14 SF/Yr
      15,200 SF

      Victor Flex Space Available

      Prime Victor, NY Flex Space: 3,782 SF
      760 Canning Pkwy, Victor, NY 14564
      View Details
    • $10 SF/Yr
      19,862 SF

      Victor, NY Industrial Flex Space

      19,862 SF Flex/Warehouse Available
      7263 Ny-96, Victor, NY 14564
      View Details
    • $14 SF/Yr
      52,832 SF

      Victor, NY Office Space for Lease

      Modern Office Building, Ample Space Available
      7615 Omnitech Pl, Victor, NY 14564
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail/office plaza on Route 96 in Victor, NY.
    Where is this strip mall located?
    The property is located at 8053 Pittsford Victor Rd Victor, NY.
    What are key features of this property?
    This property features: - Adjacent to Eastview Mall (1.4M sf) and near Eastview Commons (Target, Home Depot, Best Buy, Staples, Old Navy); - **High visibility and exposure on Route 96, a major retail corridor**; - **Two available spaces (3,300 sq ft end cap and 2,239 sq ft in-line) that can be combined**
    (585) 244-3575
    Request Owner's contact information
    8053 Pittsford Victor Rd Victor, NY
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8053 Pittsford Victor Rd
    Victor, NY
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8053 Pittsford Victor Rd Victor, NY
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael A. Smith
    (585) 244-3575
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.