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

    138 Fairport Village Landing Fairport, NY

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $14 SF/Yr

    Retail or office space with ample off-street parking.

    Type:RETAIL
    Property size:
    1,100 SF
    Lot size:
    6.31 Acres
    Added:
    Nov 18, 2025
    Days on Market:
    134
    Last Refresh:
    Mar 29 at 10:18 pm

    Property Features for 138 Fairport Village Landing

    General Information

    Standard status
    Active
    Size
    1,100 SF
    Lot size
    6.31 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 138 Fairport Village Landing Contact us

    We can help!

    Listing Contact
    Joseph F. "Joe" Rowley, Jr.

    Listing agent Joseph F. "Joe" Rowley, Jr.

    Listing office Anchor Real Estate Advisors

    Listing date Nov 18, 2025

    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 Anchor Real Estate Advisors

    Overview

    Retail/Office Space with Parking

    This property is suitable for retail or office use and features a large off-street parking lot. Additionally, a covered garage parking area is available. The property offers 1100 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Perinton Vision Care ... Physician Rashida Clarke, OD ... Physician Whelpley & Paul - Your ... Optician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairport
    County
    Monroe
    State
    New York
    Longitude
    -77.4436
    Latitude
    43.1009

    Nearby Similar for Lease

    • Contact for pricing

      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/mo

      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/mo

      Fairport Office Building For Lease

      Class A office space with high traffic exposure in Fairport.
      1157 Fairport Road, Fairport, NY 14450
      View Details
    • $12/mo

      Fairport Flex/Manufacturing Space Available

      Flex building suitable for labs, manufacturing, or office use.
      71 Perinton Pkwy, Fairport, NY
      View Details
    • Contact for pricing

      Fairport Retail Space For Rent

      Retail space in Fairport with ample parking and open layout.
      7323 Pittsford Palmyra Rd, Fairport, NY
      View Details
    • Contact for pricing

      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/mo

      Fairport Industrial Warehouse with Mezzanine

      Industrial warehouse featuring loading docks, grade-level doors, and mezzanine.
      400 Mason Rd, Fairport, NY
      View Details
    • Contact for pricing

      Fairport Office Space Available

      Office suites available for immediate occupancy with flexible lease terms.
      295 Woodcliff Dr, Fairport, NY
      View Details
    • $12/mo

      Fairport Office Space For Rent

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

      Retail Space in Fairport Center

      Multi-tenant retail space available in Fairport, New York.
      2150 Frpt Nine Mile Pt Rd, Fairport, NY
      View Details
    • Contact for pricing

      Fairport Retail Space for Lease

      Shell condition retail space in redeveloped brick warehouse.
      25 Parce Ave, Fairport, NY
      View Details
    • $15/mo

      Fairport Retail Space For Rent

      Retail spaces available in successful Town Centre Plaza, Fairport, NY.
      7374 Pittsford Palmyra Road, Fairport, NY 14450
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail or office space with ample off-street parking.
    Where is this retail space located?
    The property is located at 138 Fairport Village Landing Fairport, NY.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Large off street parking lot.; Ideal for retail or office uses.; Covered garage parking area.
    (585) 820-3153
    We can help!
    Listing Contact
    Joseph F. "Joe" Rowley, Jr.
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!