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    1192 Manitou Rd Hilton, NY 14468

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    For Lease
    Contact for pricing

    5,136 sq ft Retail Building, High Traffic

    Lot size:
    5,136 SF

    Property Features for 1192 Manitou Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,136 SF
    Class
    A
    Total Rate
    6163.2

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 1192 Manitou Rd, Hilton, NY 14468 Contact us
    Unit

    $14 /Mo

    Size
    5,136 SF
    Contact us

    We can help!

    Listing Contact
    Robert Blain
    Robert Blain

    Listing Agency: Blain Realty Inc. Listing Agent: Robert Blain

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

    Learn more

    Property Insight Report

    Overview

    This exceptional Class A retail property, located at 1192 Manitou Road in Hilton, NY, presents a unique investment opportunity. The single-tenant building, constructed in 2005, boasts a generous 5,136 square feet of space situated on a 2.6-acre lot. Its prime location offers excellent visibility and traffic flow, enhanced by a signal light at the corner intersection with Latta Road. The property includes ample parking with 70 spaces, catering to both customers and employees. Currently operating as a brewery, the building is available for sale or lease, presenting multiple opportunities for prospective buyers or tenants. The turnkey business and equipment are also available for purchase, providing a seamless transition for a new owner. The property's zoning is commercial, and its single-story design offers efficient use of space. The APN is 262800-044-030-0001-033-000, and the property is situated in Monroe County, NY, with a zip code of 14468. This is a must-see property for those seeking a high-traffic, well-maintained retail space in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wood Kettle Brewing Production Facility

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Kitchen & Bath Showroom Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Hilton
    County
    Monroe
    State
    New York
    Longitude
    -77.7502717
    Latitude
    43.2544756

    Nearby Similar for Lease

    • $1,995 /Mo
      1,300 SF

      Retail Space in Hilton, NY

      Retail property available for lease in Hilton, New York.
      1024 Hilton Parma Rd, Hilton, NY 14468
      View Details
    • $10 SF/Yr
      10,000 SF

      North Greece Plaza Retail Space

      10,000 SF Retail Space - Lease
      610 Greece Rd, Hilton, NY 14468
      View Details

    FAQs

    What type of property is this?
    Restaurant - 5,136 sq ft Retail Building, High Traffic
    Where is this restaurant located?
    The property is located at 1192 Manitou Rd Hilton, NY.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Class A, 5,136 SF retail building on 2.6 acres in Hilton, NY.; Single-tenant building constructed in 2005, currently operating as a brewery.; Excellent visibility and traffic flow, with ample parking (70 spaces).
    (585) 244-8980 Call to check price and availability
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    Hilton, NY 14468
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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
    1192 Manitou Rd Hilton, NY 14468
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Robert Blain
    Robert Blain
    (585) 244-8980 (585) 721-9174
    Learn more
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