Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Park in Pittsford Location Title is generated by Realmo AI

    115-151 Sully's Trail, Pittsford, NY 14534

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office park in Pittsford, minutes from Route 490.

    Type:Office
    Added:
    Nov 21, 2022
    Days on Market:
    1294
    Last Refresh:
    May 12 at 8:47 pm

    Property Features for 115-151 Sully's Trail

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 115-151 Sully's Trail Contact us

    141 Sully's Trail Suite 07A $21/Mo

    Size
    670 SF
    Type
    Office
    $1,197.63 per monthn$21.45 per sqft
    Contact us

    145 Sully's Trail, Suites 1-3 $22/Mo

    Size
    3,906 SF
    Type
    Office
    7307.48 per monthn$22.45 per sqft
    Contact us

    We can help!

    Listing Contact
    Kari Wilmot

    Listing agent Kari Wilmot License #TX

    Listing office North Forest Office Space- Buffalo

    Listing date Nov 21, 2022

    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 North Forest Office Space- Buffalo

    HighLights

    • Easily accessible Pittsford location minutes from Route 490
    • Unique park‑like setting
    • Restaurants within a half mile
    • Short drive to Eastview Mall
    • Short drive to Wegman's
    • Many businesses and office parks nearby

    Overview

    This office park provides a unique park-like setting in an easily accessible Pittsford location. It is situated just minutes from Route 490. Restaurants such as Branca, Fruit and Salad Company, and Richardson's Canal House are located within a half mile. The Eastview Mall and Wegman's are both a short drive away. Many businesses and office parks are located nearby.
    Location Intelligence

    Current Use by Public Records

    Office Spaces

    Map

    City
    Pittsford
    County
    Monroe
    State
    New York
    Longitude
    -77.5243
    Latitude
    43.0476

    Nearby Similar for Lease

    • $13 SF/Yr
      2,222 SF

      Versatile Office Suite in Pittsford

      Office space in Pittsford Village, ideal for professional uses.
      59 Monroe Avenue, Pittsford, NY 14534
      View Details
    • $24 SF/Yr
      10,484 SF

      Renovated Office Space in Pittsford

      Renovated office building with ample parking in Bushnell Basin.
      656 Kreag Road, Pittsford, NY 14534
      View Details
    • $24 SF/Yr
      2,500 SF

      Renovated Medical Office Suite

      Renovated medical office suite with private offices and reception, offered in a parking-friendly building.
      656 Kreag Rd, Perinton, NY 14534
      View Details
    • $13 SF/Yr
      2,222 SF

      Pittsford Village Office Suite Available

      Versatile office space in Pittsford Village Green Office Park.
      59 Monroe Ave, Pittsford, NY 14534
      View Details
    • $15 SF/Yr
      800 SF

      Office Space in Pittsford, NY

      Office space available for lease in Pittsford, New York.
      50 State St, Pittsford, NY
      View Details
    • $14 SF/Yr
      12,860 SF

      Furnished Office Space Available

      12,860 SF furnished office space for lease.
      100-500 Willowbrook Office Park, Pittsford, NY
      View Details
    • Contact for pricing
      25,000 SF

      Class A Office Building

      Class A office building with high visibility and convenient access.
      1000 Pittsford Victor Road, Pittsford, NY, 14534
      View Details
    • $16 SF/Yr
      6,000 SF

      Pittsford Office Space Available

      6,000 SF office space for lease in Pittsford, NY.
      1160 Pittsford Victor Rd, Pittsford, NY
      View Details
    • $17 SF/Yr
      1,120 SF

      Office Space in Pittsford, NY

      Office space available for lease in Pittsford, New York.
      1169 Pittsford Victor Rd, Pittsford, NY
      View Details
    • $21 SF/Yr
      670 SF

      Office Space Available For Rent

      Office space available for rent in Pittsford, NY.
      141 Sully's Trail, Pittsford, NY
      View Details
    • $17 SF/Yr
      2,465 SF

      Office Space in Pittsford, NY

      Office space available for rent in Pittsford, NY.
      1159 Pittsford Victor Rd, Pittsford, NY
      View Details
    • $16 SF/Yr
      365 SF

      Office Space in Pittsford

      Office space available for lease in Pittsford, NY.
      1 Fisher Rd, Pittsford, NY
      View Details

    FAQs

    What type of property is this?
    Office space - Office park in Pittsford, minutes from Route 490.
    Where is this office space located?
    The property is located at 115-151 Sully's Trail Pittsford, NY.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Easily accessible Pittsford location minutes from Route 490; Unique park‑like setting; Restaurants within a half mile
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kari Wilmot
    Real Estate License ID: TX
    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

    Thank You for Inquiry
    115-151 Sully's Trail, Pittsford, NY 14534
    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!