New Construction Insulated Metal
55 Bank Street Orchard Park, NY 14127
For Sale
$1,390,000
7,800 SF insulated metal building with two separate bays.
Property Size7,800 SF
Price / SF$178.21
Days on Market247
Property Features for 55 Bank Street
General Information
- Standard status
- Active
- Size
- 7,800 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2024
Listing Agency:
HUNT Commercial
(716) 310-0847
Listed By:
Clarke Thrasher · License #30TH0470791
(716) 310-0847
Source:
Huntcommercial
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 25 at 2:45AM
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 HUNT Commercial
Investment Insights
Based on property information with market context.
This is a new construction property featuring a 7,800 SF insulated metal building. The building is divided into two separate 3,900 SF bays. Each bay includes two 14' overhead grade electric doors and offers a clear span layout with a 16' clear height. Additional features include a floor drain, five transom glass windows, bathrooms, and LED motion detection lighting throughout. The building is equipped with 3-prong power outlets every 10' around the building perimeter and a Space Ray infrared heating system. The property is located on Bank St near Thorn Ave.
Key Highlights
- Brand new construction (2024) 7,800 SF insulated metal building.
- Two separate 3,900 SF bays, offering flexibility and potential for diverse uses.
- Each bay features two 14' overhead grade electric doors for easy access.
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.9k | $9.48 |
| − Vacancy | −$5.0k | −$0.64 |
| EGI | $69.0k | $8.84 |
| − OpEx | −$24.1k | −$3.10 |
| NOI | $44.8k | $5.75 |
7,800 SF · lease $9.48/SF/yr · vacancy 6.70% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$640.6K
$560.5K – $747.4K
NOI $44,843 @ 7.0% cap · market cap 3.23%
Second Best
Warehouse
$593.8K
$519.6K – $692.8K
NOI $41,569 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M
NOI $119,359 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Scoular Co — 21 Princeton Pl, Orchard Park, NY 14127
- Tracker Storage Facility — 4247 N Buffalo St, Orchard Park, NY 14127
- Southtowns Business Centre Inc. — 227 Thorn Ave, Orchard Park, NY 14127
- Life Storage — 6010 Big Tree Rd, Orchard Park, NY 14127
FAQs
What type of property is this?
Warehouse - 7,800 SF insulated metal building with two separate bays.
Where is this warehouse located?
The property is located at 55 Bank Street Orchard Park, NY.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Brand new construction (2024) 7,800 SF insulated metal building.; Two separate 3,900 SF bays, offering flexibility and potential for diverse uses.; Each bay features two 14' overhead grade electric doors for easy access.
