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    3868 Lower Mountain Rd Lockport, NY 14094

    Sponsored
    For Sale
    $4,500,000

    86 Acres, Multi-Building Compound, Huge Potential

    Property size:
    14,460 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 86.58-acre property in Lockport, NY, presents a remarkable investment opportunity. The main parcel, located on Lower Mountain Road, encompasses 14,460 square feet of office space distributed across four substantial buildings currently configured as art studios. These versatile structures offer immense potential for a variety of uses, beyond their current artistic application. The property also includes a picturesque log cabin, overlooking a tranquil pond, ideal for relaxation or as a private retreat. Adding to the property's appeal is a separate parcel situated on Upper Mountain Road, featuring a spacious single-family home. This residence boasts four bedrooms and three bathrooms, providing comfortable and private living quarters amidst the stunning natural landscape. The combined acreage and diverse structures create a unique opportunity for both commercial and residential endeavors, offering significant flexibility and potential for future development. The asking price for this expansive property is $4,500,000. This is a rare chance to acquire a substantial holding with significant potential for diverse uses and substantial returns. The property's size and varied components make it an exceptional investment in a desirable location.

    Property Features for 3868 Lower Mountain Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    14,460 SF
    Lot Size
    3,771,425 SF

    Building Details

    Year Built
    2013
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Building Supply Wholesale Shop HVAC Service Bar & Pub Garden Center Pet Store Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Niagara
    State
    New York
    Longitude
    -78.83012
    Latitude
    43.17079

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    FAQs

    What type of property is this?
    Office Property / Space - 86 Acres, Multi-Building Compound, Huge Potential
    Where is this office property / space located?
    The property is located at 3868 Lower Mountain Rd Lockport, NY.
    What is the asking price?
    The asking price for this property is $4,500,000.
    (716) 539-4040
    Request Owner's contact information
    3868 Lower Mountain Rd Lockport, NY 14094
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    Lockport, NY 14094
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    Realmo Value Estimation

    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.

    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.

    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
    3868 Lower Mountain Rd Lockport, NY 14094
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