Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    950 County Route 64 Big Flats, NY 14814

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

    Retail space available in a busy shopping center.

    Type:Retail
    Property size:
    172,050 SF
    Added:
    Nov 26, 2025
    Days on Market:
    159
    Last Refresh:
    Dec 7 at 8:47 pm

    Property Features for 950 County Route 64

    General Information

    Standard status
    Active
    Size
    172,050 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2007

    Spaces For Lease

    at 950 County Route 64 Contact us

    We can help!

    Listing Contact
    Lorraine A. Cunnick
    Lorraine A. Cunnick

    Listing agent Lorraine A. Cunnick License #S.0184668

    Listing office Signature Real Estate Group

    Listing date Nov 26, 2025

    Source Donovanres

    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 Signature Real Estate Group

    Overview

    Retail Space Near Arnot Mall

    Located across from Arnot Mall, this retail space is situated within a large shopping complex in the Southern Tier's busiest shopping corridor. The property, Big Flats Commons, was built in 2007 and benefits from a signalized intersection on Route 64. The location is adjacent to Big Flats Consumer Square, placing it in the center of a significant retail area. Nearby retailers include Lowe's, Tops, Sam's Club, Walmart, Harbor Freight, Hobby Lobby, Barnes & Noble, Petco, Michaels, Kohl's, ALDI, and Dick's Sporting Goods, along with numerous fast food and casual dining options. The plaza is anchored by Target, and current tenants include Best Buy, Maurice's, Panera Bread, and Five Guys. The available inline space measures 4,220 square feet. The property features multiple curb cuts for easy access and sees 29,000 ADT on Country Route 64. The leases are NNN (Total: $6.78).
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Big Flats
    County
    Chemung
    State
    New York
    Longitude
    -76.951
    Latitude
    42.1573

    Nearby Similar for Lease

    • $1,800/Mo

      Equipped Commercial Space in Big Flats

      Versatile commercial space suitable for automotive or storage uses.
      3328 NYS 352, Big Flats, NY 14814
      View Details
    • $7 SF/Yr

      Big Flats Flex Space Available

      4,250 SF flex space ideal for warehouse or manufacturing.
      95 Hibbard Rd, Big Flats, NY
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in a busy shopping center.
    Where is this shopping center located?
    The property is located at 950 County Route 64 Big Flats, NY.
    What are key features of this property?
    This property features: Located in the busiest shopping corridor of New York's Southern Tier, across from Arnot Mall.; Anchored by Target, with tenants including Best Buy, Maurice's, Panera Bread, and Five Guys.; High traffic location with 29,000 ADT on Country Route 64.
    (585) 703-3888
    We can help!
    Listing Contact
    Lorraine A. Cunnick
    Lorraine A. Cunnick
    Real Estate License ID: S.0184668
    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

    950 County Route 64, Big Flats, NY 14814

    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!