Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Flex Space in Victor, NY Title is generated by Realmo AI

    760 Canning Pkwy, Victor, NY 14564

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Flex space with office and warehouse in Victor, NY.

    Type:Industrial
    Property size:
    3,782 SF
    Added:
    Jun 21, 2024
    Days on Market:
    712
    Last Refresh:
    May 12 at 8:30 pm

    Property Features for 760 Canning Pkwy

    General Information

    Standard status
    Active
    Size
    3,782 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 760 Canning Pkwy Contact us

    760 Canning Pkwy Space B $14/Mo

    Size
    3,782 SF
    Type
    Industrial
    3,782 square foot flex space in Victor, NY, ideal for businesses looking for a combination...
    show more
    Contact us

    We can help!

    Listing Contact
    Christopher Passero

    Listing agent Christopher Passero License #NY 10491202774

    Listing office Passero Realty

    Listing date Jun 21, 2024

    Source Crexi

    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 Passero Realty

    HighLights

    • 3,782 sq ft flex space suitable for office and warehouse use.
    • Located in the desirable Victor, NY community.
    • Features 1,417 sq ft office space and 1,923 sq ft warehouse/distribution/service area.
    • Warehouse portion is expandable.
    • Includes an overhead door and access to a common loading dock.
    • Ceiling heights range from 15' to 20'.

    Overview

    This 3,782 square foot flex space is located in Victor, NY, offering a combination of office and warehouse capabilities. The property includes a 1,417 square foot office area and a 1,923 square foot warehouse/distribution/service area. The warehouse portion can be enlarged if needed. Ceiling heights range from 15' to 20'. Features include an overhead door and access to a common loading dock, enhancing operational logistics. The property is located in the Victor community, offering practicality and convenience, suitable for various business needs. This space is suitable for businesses looking for a combination of office and warehouse capabilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Washer Solutions Home Appliance Store Newpath Learning (Bike/Boat/Book/etc) Store Magnus Learning LLC Training Center

    Suggested Use

    Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Skin Care Clinic Department Store Kitchen & Bath Showroom Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Victor
    County
    Ontario
    State
    New York
    Longitude
    -77.4704812
    Latitude
    43.0012401

    Nearby Similar for Lease

    • $44,438 SF/Yr
      3,782 SF

      Flex Space in Victor, NY

      Flex space with office and warehouse capabilities in Victor, NY.
      760 Canning Pkwy, 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
      17,000 SF

      Victor Retail/Flex Space Available

      Retail or flex space for lease in Victor, NY.
      7275 State Route 96, Victor, NY
      View Details
    • Contact for pricing
      6,500 SF

      Office Space Near Victor Village

      Two-floor office space with open floorplan near NYS Thruway.
      7200 Rawson Rd, Victor, NY
      View Details
    • $12 SF/Yr
      17,455 SF

      Automotive Buildings with Parking Capacity

      Two buildings totaling 25,455 SF with 500-car capacity.
      6520 State Route 96, Victor, NY
      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
      View Details
    • Contact for pricing
      10,700 SF

      New Office and Lab Space

      Move-in ready office and bio-tech/lab space available for lease.
      7255 St Rte 96, Victor, NY
      View Details
    • $12 SF/Yr
      8,000 SF

      Automotive Buildings with Parking Capacity

      Two buildings totaling 25,455 SF with parking for 500+ cars.
      6520 NY-96, Victor, NY
      View Details
    • $11 SF/Yr
      7,000 SF

      Adaptable Office Space Available

      Customizable office space near retail and Eastview Mall.
      101 Victor Heights Pkwy, Victor, NY
      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
      View Details
    • Contact for pricing
      42,153 SF

      Industrial Space Near I-90 Thruway

      Industrial space featuring multiple docks, overhead doors, and ample power.
      825 Phillips Rd, Victor, NY
      View Details
    • Contact for pricing
      2,239 SF

      Retail Space on Route 96

      Retail/office plaza on Route 96 in Victor, NY.
      8053 Pittsford Victor Rd, Victor, NY
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space with office and warehouse in Victor, NY.
    Where is this flex space located?
    The property is located at 760 Canning Pkwy Victor, NY.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 3,782 sq ft flex space suitable for office and warehouse use.; Located in the desirable Victor, NY community.; Features 1,417 sq ft office space and 1,923 sq ft warehouse/distribution/service area.
    (585) 315-8161 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Christopher Passero
    Real Estate License ID: NY 10491202774
    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
    760 Canning Pkwy, Victor, NY 14564
    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!