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

    3283-3291 Walden Ave Lancaster, NY 14043

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Versatile space near Transit Rd with high traffic volume.

    Type:Industrial
    Added:
    Nov 25, 2025
    Days on Market:
    157
    Last Refresh:
    Apr 16 at 5:43 pm

    Property Features for 3283-3291 Walden Ave

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Rick Recckio

    Listing agent Rick Recckio License #NY #31RE0821429

    Listing office

    Listing date Nov 25, 2025

    Source Recckio

    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 Rick Recckio

    Overview

    Lancaster Warehouse/Retail/Office Space Available

    Located at the southeast corner of Walden Avenue and Transit Road, 3283 Walden Avenue in Lancaster, NY, offers approximately 8,200 square feet of flexible space suitable for retail, warehouse, industrial, or office use. Situated next to Auto Zone and adjacent to a 37,716 square foot plaza on approximately 2.35 acres, the property benefits from high visibility on Transit Road. The steel and block building features a 14-foot garage door and 3,500 square feet of office space. A crane way structure runs the length of the building, extending 60 feet outside. Ceiling heights range from 16 to 20 feet. The location provides ample paved parking and is in close proximity to the New York State Thruway I-90 Walden Avenue on and off ramps. The property benefits from high traffic volume, with approximately 58,500 cars passing by daily. The building has 220/480 volt 3-phase power available.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Similar Places Nearby

    • Depew Depot — 3225 14043, 3179 Walden Ave, Depew, NY 14043

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Erie
    State
    New York
    Longitude
    -78.695
    Latitude
    42.9117

    Nearby Similar for Lease

    • Contact for pricing

      Move-In Ready Commercial Space

      Updated 600 sq ft commercial space, utilities included.
      570 Gould Ave, Lancaster, NY 14043
      View Details
    • Contact for pricing

      Lancaster Plaza Retail/Warehouse/Office Space

      Retail, warehouse, and office space available in Lancaster, NY.
      3291 Walden Ave, Lancaster , NY 14043
      View Details
    • Contact for pricing

      Retail Space on Busy Street

      High visibility retail space with parking and signage available.
      3637 Walden Ave, Lancaster, NY 14086
      View Details
    • $1.00 SF/Yr

      New Lancaster Warehouse/Storage Bays

      New warehouse/storage bays in Lancaster, NY with ample parking.
      4425 Walden Ave, Lancaster, NY 14086
      View Details
    • Contact for pricing

      Lancaster Retail/Office Space Available

      3,400 SF space suitable for retail or office use.
      3297 Walden Ave, Lancaster , NY 14043
      View Details
    • Contact for pricing

      Former Masons' Lodge Stone Building

      9,160+/- SF stone building with excellent architecture and parking.
      5497 Broadway , Lancaster, NY 14086
      View Details
    • Contact for pricing

      Restaurant/Bar Space For Lease

      Restaurant/bar space available in Lancaster, NY.
      4493 Walden Avenue, Lancaster, NY, 14086
      View Details
    • Contact for pricing

      Lancaster Warehouse with Office Space

      5,000 SF warehouse with 1,000 SF office space for lease.
      933 Ransom Road, Lancaster, NY 14086
      View Details
    • Contact for pricing

      Medical Office Suite Available

      3,004+ sf medical office suite available for rent.
      4893 Transit Road Lancaster, NY, Lancaster, NY 14086
      View Details
    • Contact for pricing

      Lancaster Flex/Industrial Space Available

      Flex/industrial space available for lease in Lancaster, New York.
      6509 Transit Rd, Lancaster, NY
      View Details
    • Contact for pricing

      Transit Road Retail/Office/Medical Space

      Mixed-use center with high visibility and ample parking.
      4729-4731 Transit Rd, Lancaster, NY
      View Details
    • Contact for pricing

      Transit Road Retail/Office Space

      Mixed-use center with high visibility and ample parking.
      4711 Transit Rd, Lancaster, NY
      View Details

    FAQs

    What type of property is this?
    Warehouse - Versatile space near Transit Rd with high traffic volume.
    Where is this warehouse located?
    The property is located at 3283-3291 Walden Ave Lancaster, NY.
    What are key features of this property?
    This property features: High‑visibility location on the corner of Walden Ave. and Transit Rd. with 58,500 cars passing daily.; Large 2.35‑acre parcel adjacent to a 37,716 sq.ft. Plaza.; Approximately 8,200 sq. ft. of available NY City Style warehouse/storage/Industrial/office and retail open space.
    (716) 998-4422
    We can help!
    Listing Contact
    Rick Recckio
    Real Estate License ID: NY #31RE0821429
    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

    3283-3291 Walden Ave, Lancaster , NY 14043

    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!