Add Listing
    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

    2926 Lakeville Rd Avon, NY 14414

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $7 SF/Yr

    5,000 SF industrial/flex space for lease near I-390.

    Lot size:
    14.53 Acres

    Property Features for 2926 Lakeville Rd

    General Information

    Property type
    Industrial
    Standard status
    Active
    Lot size
    14.53 Acres

    We can help!

    Listing Contact
    Connor A Magee
    Source: Elliman

    Listing Agent: Connor A Magee

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

    Learn more

    Overview

    Versatile Industrial/Flex Space Available

    A 5,000 SF industrial/flex space is available for lease. The property features open floor plans suitable for manufacturing, warehousing, or light industrial use. The building includes high ceilings and offers a mix of warehouse and office potential, allowing for customization. It is zoned for light industrial use, providing flexibility for various business operations. The location provides convenient access to I-390, facilitating regional connectivity. Features include drive-in access, ample parking, and utility infrastructure suitable for industrial users. This property is located in the Avon/Livingston County market and offers transportation links.
    Location Intelligence

    Current Use by Public Records

    Niagara Scenic Tours Freight Service Scenic Excursions - Greater ... Tour Operator

    Suggested Use

    Restaurant Real Estate Agency Building Supply Hair Salon Hotel & Motel Auto Repair Shop Auto Parts Store Gym & Fitness Center Kitchen & Bath Showroom Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Avon
    County
    Livingston
    State
    New York
    Longitude
    -77.7155005
    Latitude
    42.8594059

    Nearby Similar for Lease

    • $16 SF/Yr
      1,400 SF

      Avon Medical Office Space

      Medical office space available for lease in Avon, New York.
      478 Collins St, Avon, NY 14414
      View Details
    • Contact for pricing

      Grocery-Anchored Shopping Center Outparcel

      Outparcel available in dominant, fully-leased, grocery-anchored shopping center.
      270 E Main St, Avon, NY 14414
      View Details
    • Contact for pricing
      1,500 SF

      Dominant Grocery-Anchored Shopping Center Space

      Retail spaces available in a high-traffic shopping center.
      510-720 Dream Vly Blvd, Avon, NY
      View Details
    • $7 SF/Yr

      Avon Industrial/Flex Space For Lease

      5,000 SF flex space ideal for manufacturing or warehousing.
      2926 Lakeville Rd, Avon, NY 14414
      View Details
    • Contact for pricing
      63,427 SF

      Avon, NY Retail Space Available

      Grocery-anchored retail space, 1,500-2,000 SF.
      270 Main St, Avon, NY 14414
      View Details

    FAQs

    What type of property is this?
    Flex space - 5,000 SF industrial/flex space for lease near I-390.
    Where is this flex space located?
    The property is located at 2926 Lakeville Rd Avon, NY.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - 5,000 SF of flexible industrial/flex space, ideal for manufacturing, warehousing, or light industrial use.; - Convenient location near I-390 for regional connectivity.; - Light Industrial zoning allows for various uses.
    (585) 671-1111
    Request Owner's contact information
    2926 Lakeville Rd Avon, NY 14414
    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.
    2926 Lakeville Rd
    Avon, NY 14414
    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
    2926 Lakeville Rd Avon, NY 14414
    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
    Connor A Magee
    (585) 671-1111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!