Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Class A Office Space Available Title is generated by Realmo AI

    255 Woodcliff Dr, Fairport, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Premier office park in Greater Rochester Area.

    Type:OFFICE
    Property size:
    100,000 SF
    Lot size:
    8.05 Acres
    Added:
    Mar 26, 2024
    Days on Market:
    786
    Last Refresh:
    Apr 5 at 10:12 pm

    Property Features for 255 Woodcliff Dr

    General Information

    Standard status
    Active
    Size
    100,000 SF
    Lot size
    8.05 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 255 Woodcliff Dr Contact us

    We can help!

    Listing Contact
    Angelo Nole
    Angelo Nole

    Listing agent Angelo Nole

    Listing office CBRE | Rochester

    Listing date Mar 26, 2024

    Source Moodyscre

    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 CBRE | Rochester

    HighLights

    • 516,000 square feet of Class A office space
    • On‑site Woodcliff Hotel & Spa
    • Conference center with 6,000 SF of meeting space for up to 200 people
    • 236 guest rooms at Woodcliff Hotel
    • Enjoy the indoor and outdoor pool
    • Horizons Restaurant and Lounge & Spa Elan on‑site

    Overview

    This Class A office space is located within a premier office park in the Greater Rochester Area, offering 516,000 square feet of space. On-site accommodations are available at the Woodcliff Hotel & Spa, which features a conference center with 6,000 square feet of meeting space that can accommodate up to 200 people. The hotel also includes 236 guest rooms, an indoor and outdoor pool, Horizons Restaurant and Lounge, Spa Elan, tennis facilities, and a golf course. The property offers 100000 square feet of office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FedEx Drop Box Postal Service Cetera Investors Bank First American Enterprise ... Bank First American Legal ... Bank First American Equipment ... Bank

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Gym & Fitness Center Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairport
    County
    Monroe
    State
    New York
    Longitude
    -77.4574
    Latitude
    43.0443

    Nearby Similar for Lease

    • $1,500/Mo
      10,424 SF

      Fairport Office Suite Overlooking Canal

      Updated office suite in Fairport's vibrant canal district.
      16 Parker Street, Fairport, NY 14450
      View Details
    • $2,500/Mo
      3,006 SF

      Move-in Ready Commercial Space

      Commercial space in a high-traffic location suitable for various businesses.
      790 Ayrault Road, Fairport, NY 14450
      View Details
    • $16 SF/Yr
      13,031 SF

      Fairport Office/Medical/Mixed Use Space

      Second floor office/medical space available for lease in Fairport, NY.
      4400 Nine Mile Point Road, Fairport, NY 14450
      View Details
    • $23 SF/Yr
      21,596 SF

      Fairport Office Building For Lease

      Class A office space with high traffic exposure in Fairport.
      1157 Fairport Road, Fairport, NY 14450
      View Details
    • $1,500/Mo
      800 SF

      Fairport Office Suite Overlooking Canal

      Office suite in Fairport's canal district with walkable amenities.
      16 Parker St, Fairport, NY 14450
      View Details
    • $12 SF/Yr
      2,574 SF

      Fairport Flex/Manufacturing Space Available

      Flex building suitable for labs, manufacturing, or office use.
      71 Perinton Pkwy, Fairport, NY
      View Details
    • $1,000/Mo
      880 SF

      Fairport Retail Space For Rent

      Retail space in Fairport with ample parking and open layout.
      7323 Pittsford Palmyra Rd, Fairport, NY
      View Details
    • $14 SF/Yr
      1,100 SF

      Retail/Office Space with Parking

      Retail or office space with ample off-street parking.
      138 Fairport Village Landing, Fairport, NY
      View Details
    • Contact for pricing
      10,855 SF

      Fairport Office Space with Amenities

      Office suites in premier park with fitness center and golf.
      290 & 295 Woodcliff Drive, Fairport, NY, 14450
      View Details
    • Contact for pricing
      100,000 SF

      Class A Office Space Available

      Premier office park in Greater Rochester area with Class A space.
      255-375 Woodcliff Drive, Fairport, NY, 14450
      View Details
    • $8 SF/Yr
      12,000 SF

      Fairport Industrial Warehouse with Mezzanine

      Industrial warehouse featuring loading docks, grade-level doors, and mezzanine.
      400 Mason Rd, Fairport, NY
      View Details
    • $12 SF/Yr
      2,190 SF

      Fairport Office Space For Rent

      Office space for lease in Crosskeys Office Park.
      302-308 Cross Keys Office Park, Fairport, NY
      View Details

    FAQs

    What type of property is this?
    Office units - Premier office park in Greater Rochester Area.
    Where is this office units located?
    The property is located at 255 Woodcliff Dr Fairport, NY.
    What are key features of this property?
    This property features: 516,000 square feet of Class A office space; On‑site Woodcliff Hotel & Spa; Conference center with 6,000 SF of meeting space for up to 200 people
    (585) 240-8080 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Angelo Nole
    Angelo Nole
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    255 Woodcliff Dr, Fairport, NY
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!