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    4515 Military Rd Niagara Falls, NY 14305

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    For Sale
    $995,000

    Medical office building with long-term tenants and ample parking.

    Property size:
    11,722 SF
    Lot size:
    0.46 Acres

    Property Features for 4515 Military Rd

    General Information

    Size
    11,722 SF
    Lot size
    0.46 Acres

    Source: Hastings Cohn Real Estate Agent Alan T. Hastings

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Building For Sale

    This medical office building features a total area of 11,722 square feet and is situated on a 0.87-acre lot with parking for 40 cars. The roof is 3 years old. Tenants are responsible for all expenses, excluding roof and structure maintenance. Mount St. Mary’s Hospital of Niagara Falls occupies 8,400 square feet under a lease expiring in March 2021; the tenant has vacated but will continue to pay rent through the lease expiration, with a potential for earlier termination should the purchaser desire. TMO Medical leases 3,300 square feet, with their lease expiring December 31, 2021, and includes two 5-year options. The property is located at 4515 Military Rd, Niagara Falls, NY.
    Location Intelligence

    Current Use by Public Records

    Dr. Giuseppina J. ... Family Practice Physician Tmo Medical Medical Clinic Dr. Todd M. ... Internist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    Gerber Small Animal Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -79.0047688
    Latitude
    43.1279064

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    FAQs

    What type of property is this?
    Medical office - Medical office building with long-term tenants and ample parking.
    Where is this medical office located?
    The property is located at 4515 Military Rd Niagara Falls, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Existing leases provide immediate income stream.; - Tenant responsible for all expenses except roof and structure.; - Relatively new roof (3 years old).
    (716) 481-3325
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    4515 Military Rd Niagara Falls, NY 14305
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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
    4515 Military Rd Niagara Falls, NY 14305
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