Add Listing
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    6 Framark Dr Victor, NY 14564-1136

    • Manufacturing properties
    • 41,196 SF
    • 5.10 lot acres
    OFF-MARKET
    Last Sale
    Mar 24, 2022
    $2,150,000
    Value Estimations
    $1,620,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2100636
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Annual Report | Alset International / Consultant
    • Protected Papers / (Bike/Boat/Book/etc) Store / Printing Service
    • Select Fabricator Inc / Industrial Manufacturer / Production Facility
    • Select Fabricators Inc / Production Facility / Construction Company

    Property Details for 6 Framark Dr

    Year built
    1989
    Lot size
    5.10 lot acres
    Property size
    41,196 SF
    Zone code
    I
    Property type
    Manufacturing properties
    APN
    324801 28.05-1-50.218
    APU
    3248012805150218

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,455,000
      ML approach
      $1,670,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,539,000
      Market price range: $713k - $3.31M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,900,000
      Current use
      WAREHOUSE, STORAGE
      $1,710,000
      Change: -10% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Victor
    County
    Ontario
    State
    New York
    Longitude
    -77.4159
    Latitude
    42.9793
    CBSA code
    40380
    CBSA name
    ROCHESTER, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $466,200
    $1,247,800
    $1,714,000
    -
    $590,121
    $1,579,479
    $2,169,600

    Comparable in this City

    • Value Estimation
      $1,850,000
      33,680 SF

      7796 Victor Mendon Rd

      MANUFACTURING (LIGHT) • 33,680 SF
      7796 Victor Mendon Rd, Victor, NY 14564-8966
      View Details
    • Value Estimation
      $2,045,000
      49,855 SF

      593 Fishers Run

      MANUFACTURING (LIGHT) • 49,855 SF
      593 Fishers Run, Victor, NY 14564-8905
      View Details
    • Value Estimation
      $3,710,000
      67,898 SF

      7505 Main St Fishers

      MANUFACTURING (LIGHT) • 67,898 SF
      7505 Main St Fishers, Victor, NY 14564
      View Details
    • Value Estimation
      $625,000
      8,288 SF

      90 Victor Hts Pkwy

      MANUFACTURING (LIGHT) • 8,288 SF
      90 Victor Hts Pkwy, Victor, NY 14564-9010
      View Details
    • Value Estimation
      $2,070,000
      45,095 SF

      780 Canning Pkwy

      MANUFACTURING (LIGHT) • 45,095 SF
      780 Canning Pkwy, Victor, NY 14564-8983
      View Details
    • Value Estimation
      $815,000
      32,000 SF

      610 Fishers Run

      MANUFACTURING (LIGHT) • 32,000 SF
      610 Fishers Run, Victor, NY 14564-9732
      View Details

    Similar Nearby for Sale

    • $1,395,000
      10,000 SF

      Prime Victor, NY Industrial Property

      10,000 SF Flex Space, High Visibility
      6560 Anthony Dr, Victor, NY 14564
      View Details
    • Contact for pricing
      25,550 SF

      Victor Flex Industrial Building

      25,550 SF flex building near NYS Thruway 90.
      580 Fishers Station Dr, Victor, NY 14564
      View Details
    • Contact for pricing
      81 SF

      Expansive Industrial Property in Victor

      60,000 SF industrial property on 81 acres for sale.
      735 Victor Rd, Victor, NY 14564
      View Details
    • Contact for pricing
      3,237 SF

      Victor Retail/Flex/Office Opportunity

      Highly visible property in Victor, ideal for retail, flex, or office.
      810 High St, Victor, NY 14564
      View Details
    • $175,000
      4.20 Acres

      Land in Victor, NY

      4.2-acre parcel for refined country living in Victor, NY.
      Brace Rd, Victor, NY 14564
      View Details
    • $840,000

      Victor Development Parcel For Sale

      Shovel-ready land approved for industrial/flex buildings in Victor, NY.
      Old Dutch Rd, Victor, NY 14564
      View Details

    Similar Nearby for Lease

    • $144 SF/Yr
      12,071 SF

      Victor Industrial Warehouse

      12,071 SF Warehouse, Prime Location
      7401 Willowbrook Rd, Victor, NY 14564
      View Details
    • $10 SF/Yr
      10,000 SF

      Prime Victor, NY Flex Space

      10,000 SF Flex Warehouse, High Visibility
      6560 Anthony Dr, Victor, NY 14564
      View Details
    • $10 SF/Yr
      19,862 SF

      Victor, NY Industrial Flex Space

      19,862 SF Flex/Warehouse Available
      7263 Ny-96, Victor, NY 14564
      View Details
    • $12 SF/Yr
      12,000 SF

      Victor, NY Flex Space - 12,000 SF

      Versatile Victor Office/Warehouse Space Available
      7424 Victor Mendon Rd, Victor, NY 14564
      View Details
    • $7 SF/Yr
      24,980 SF

      Victor, NY Office/Industrial Space

      Flexible Suites, 16,284 SF Available
      1290 Blossom Dr, Victor, NY 14564
      View Details
    • $14 SF/Yr
      15,200 SF

      Victor Flex Space Available

      Prime Victor, NY Flex Space: 3,782 SF
      760 Canning Pkwy, Victor, NY 14564
      View Details
    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.
    6 Framark Dr
    Victor, NY 14564-1136
    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!