Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4933 Ellicott Road Orchard Park, NY 14127

    View on Map
    Claim this Listing
    For Sale
    $285,000

    COMMERCIAL - Orchard Park, NY

    Property size:
    2,016 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $141/SF
    Added:
    Jun 12, 2023
    Days on Market:
    1056
    Last Refresh:
    May 2 at 8:06 pm

    Property Features for 4933 Ellicott Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B3
    Parking
    12
    Standard status
    Active
    APN
    146089-173-130-0001-012-200
    Size
    2,016 SF
    Lot size
    0.32 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2986

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    1
    Roof type
    Shingle

    We can help!

    Listing Contact
    Lynette Waterfield

    Listing agent Lynette Waterfield License #10401359494

    Listing office WNY Metro Roberts Realty 302 Buffalo Street, cheektowaga, NY

    Listing date Jun 12, 2023

    MLS# B1477335

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building in Orchard Park

    This commercial building is located in Orchard Park, NY, offering convenient access to the village center and within walking distance of entertainment venues and restaurants. The property, previously used as a retail drop store, has undergone remodeling and is currently occupied by a gift shop with a short-term lease. The building offers great potential for various business ventures. The lot size is approximately 0.3214 acres, and the building encompasses 2016 square feet. Zoning is classified as B3.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vara's Dry Cleaning (Bike/Boat/Book/etc) Store Custard Lite Grocery & Convenience Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Orchard Park
    County
    Erie
    State
    New York
    Longitude
    -78.746697
    Latitude
    42.750024

    Nearby Similar for Sale

    • $890,000
      5,760 SF

      Orchard Park Commercial Opportunity

      Turnkey restaurant with redevelopment potential near Highmark Stadium.
      3290 California Road, Orchard Park, NY 14127
      View Details
    • $890,000
      5,760 SF

      Turnkey Restaurant Opportunity Near Stadium

      Fully equipped restaurant property on 1.46 acres near Highmark Stadium.
      3290 California Road, Orchard Park, NY 14127
      View Details
    • $350,000
      3,350 SF

      Established Fitness Business Opportunity

      Turn-key fitness business with loyal member base for sale.
      4180 N Buffalo, Orchard Park, NY 14127
      View Details
    • $330,000
      3,561 SF

      Orchard Park Office Building

      Two-story office building with on-site parking in Orchard Park.
      4936 Ellicott Rd, Orchard Park, NY 14127
      View Details
    • Contact for pricing
      10,000 SF

      Orchard Park Retail Opportunity

      Retail building for sale or lease in Orchard Park, NY.
      3310 Southwestern Blvd, Orchard Park, NY 14127
      View Details
    • $995,000
      29,756 SF

      Retail Warehouse Plaza on Abbott Road

      29,000 SF retail/warehouse on 2 acres, available now.
      3082 Abbott Road (GPS address is 3100 Abbott), Orchard Park, NY 14127
      View Details
    • $479,900
      3,284 SF

      Orchard Park Office/Retail Building

      3284 SF building on 1.2 acres in Orchard Park.
      3095 Southwestern Blvd., Orchard Park, NY 14127
      View Details
    • $1,600,000
      2,280 SF

      Corner Redevelopment Opportunity Near Stadium

      Prime 1.1-acre corner lot near new Orchard Park stadium.
      4270 Abbott Road, Orchard Park, NY 14127
      View Details
    • $1,100,000
      10,696 SF

      Versatile Warehouse and Office Space

      Warehouse and office space suitable for various businesses.
      3874 California Rd, Orchard Park, NY 14127
      View Details
    • $382,000
      1,772 SF

      Orchard Park Standalone Office Building

      Single-story office building in Orchard Park with frontage on Southwestern.
      3115 Southwestern Blvd, Orchard Park, NY 14127
      View Details
    • $1,295,000
      12,300 SF

      Single-Story Building on 1.72 Acres

      12,300 sq ft building suitable for various commercial uses.
      3385 Orchard Park Road, Orchard Park, NY 14127
      View Details
    • $540,000
      12,760 SF

      Orchard Park Industrial Building

      12,760 SF light industrial building in Orchard Park, NY.
      51 Bank St, Orchard Park, NY 14127
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail building with great potential, close to amenities and entertainment.
    Where is this retail space located?
    The property is located at 4933 Ellicott Road Orchard Park, NY.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: Prime location with easy access to the Village of Orchard Park.; Walking distance to entertainment and close to restaurants.; Remodeled building with a short‑term lessee (gift shop).
    (716) 239-3289
    We can help!
    Listing Contact
    Lynette Waterfield
    Real Estate License ID: 10401359494
    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

    4933 Ellicott Road, Orchard Park, NY 14127

    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!