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    250 Lucius Gordon Dr West Henrietta, NY 14586

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    For Lease
    Contact for pricing

    13,500 SF Office & Flex Space Available

    Lot size:
    13,500 SF

    Property Features for 250 Lucius Gordon Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,500 SF
    Class
    B
    Total Rate
    15750

    Building Details

    Year Built
    2008

    Spaces For Lease

    at 250 Lucius Gordon Dr, West Henrietta, NY 14586 Contact us
    Unit Available Space 2

    $15 /Mo

    Size
    741 SF
    Contact us
    Unit Available Space 3

    $14 /Mo

    Size
    741 SF
    Contact us

    We can help!

    Listing Contact
    Peter Gillett
    Peter Gillett

    Listing Agency: Flaum Management Co., Inc. Listing Agent: Peter Gillett

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 13,500-square-foot commercial property at 250 Lucius Gordon Drive in West Henrietta, NY, presents a unique investment opportunity. The building, constructed in 2008 and classified as Class B, offers flexible space ideal for a variety of businesses. Currently, the entire 13,500 square feet is vacant, providing a blank canvas for a single tenant or the potential for multiple tenants. The minimum divisible space is 1,364 square feet, while the maximum contiguous space available is the entire 13,500 square feet. The property features a 9-foot ceiling height and is zoned for commercial use. Its diverse zoning allows for a range of uses, including executive office space, flex space, and general commercial applications. The building's adaptable nature makes it suitable for build-to-suit light industrial or flex space configurations. Under new ownership since April 1, 2020, this property offers a chance to establish a presence in a thriving West Henrietta location (zip code 14586). The property's size and flexibility make it an attractive option for businesses seeking expansion or relocation. Contact us today to explore the possibilities and discuss your specific needs. This is a rare opportunity to secure a substantial and versatile commercial space in a prime location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paul Wilson LCSW Physician Anita McLeod, LCSW, ... Counselor SAM Engineering Consultant Combined Insurance Insurance Agency GdB Geospatial Land Surveying Office

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Nail Salon Hotel & Motel Gym & Fitness Center Department Store Kitchen & Bath Showroom Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    West Henrietta
    County
    Monroe
    State
    New York
    Longitude
    -77.6871198
    Latitude
    43.0685817

    Nearby Similar for Lease

    • Contact for pricing
      50,000 SF

      Office/Flex Space Near I-90

      Up to 50,000 SF of flexible office/industrial space available.
      250 Thruway Park Dr, West Henrietta, NY 14586
      View Details
    • Contact for pricing
      10,450 SF

      West Henrietta Office Space

      10,450 SF office space in park setting.
      75 Thruway Park Dr, West Henrietta, NY 14586
      View Details

    FAQs

    What type of property is this?
    Flex space - 13,500 SF Office & Flex Space Available
    Where is this flex space located?
    The property is located at 250 Lucius Gordon Dr West Henrietta, NY.
    What is the lease rate?
    The lease rate is $0.00-$15 SF/Yr.
    What are key features of this property?
    This property features: Located at 43° 4' 6.9" N, 78° 18' 46.4" W.; Prime location.;
    (585) 546-4866 Call to check price and availability
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    250 Lucius Gordon Dr West Henrietta, NY 14586
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    West Henrietta, NY 14586
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    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
    250 Lucius Gordon Dr West Henrietta, NY 14586
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    Contact for Pricing
    Please call us for current price
    and status of this listing Peter Gillett
    Peter Gillett
    Real Estate License ID: 10491208239
    (585) 546-4866 (585) 629-0644
    Learn more
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