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

    2350 N Forest Rd Amherst, NY 14068

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $21 SF/Yr

    Specialty property available for rent in Amherst, New York.

    Lot size:
    5.23 Acres

    Property Features for 2350 N Forest Rd

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    5.23 Acres

    Building Details

    Year built
    1990

    We can help!

    Listing Contact
    Bethany Botzenhart
    Source: Elliman

    Listing Agent: Bethany Botzenhart

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

    Learn more

    Property Insight Report

    Overview

    Amherst Specialty Property for Rent

    A specialty property is available for rent at 2350 N Forest Rd, Amherst, NY 14068. The listed price is $21, and the rent is $11.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cheryl L Stein ... Law Firm John D Wieser ... Law Firm Jeri N Wright Law Firm Beyond Accounting, Inc. Accounting Firm Ics Telecom Inc Telecommunications Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Erie
    State
    New York
    Longitude
    -78.7753872
    Latitude
    43.0076358

    Nearby Similar for Lease

    • $750 /Mo
      100 SF

      Salon Suite in Vibe Studios

      Private salon suite with shared amenities, available April 1st, 2026.
      315 Campbell Blvd, Getzville, NY 14068
      View Details
    • Sponsored
      Contact for pricing

      NY, Amherst - 251 John James Audubon

      Workspaces, services and support to help you work better in NY, Amherst - 251 John James Audubon
      251 John James Audubon Pkwy, Amherst, NY 14228
      View Details
    • $750 /Mo

      Salon Suite Available For Lease

      Private salon suite for lease starting April 1st, 2026.
      315 Campbell Blvd, Amherst, NY 14068
      View Details
    • $21 SF/Yr

      Premium Office Space with Amenities

      Class A office space with flexible layouts and premium amenities.
      2350 N Forest Rd, Amherst, NY 14068
      View Details
    • Contact for pricing

      East Amherst Commercial Property on Transit

      High-visibility commercial property in East Amherst's Transit Road corridor.
      9170 Transit Rd, East Amherst, NY 14051
      View Details
    • $12 SF/Yr

      East Amherst Commercial Property For Rent

      High-visibility commercial property on Transit Road with ample parking.
      9170 Transit Rd, East Amherst, NY 14051
      View Details
    • $4,500 /Mo

      Remodeled Office Space on Transit

      Remodeled office space in a vibrant East Amherst business park.
      6483 Transit Rd, East Amherst, NY 14051
      View Details
    • Contact for pricing
      86,000 SF

      Spacious Office in Crosspoint Park

      86,000 SF office space in premier business park.
      150 Crosspoint Pkwy, Getzville, NY 14068
      View Details
    • $18 SF/Yr

      Class A Office Space Available

      Single-story office building with open floor plan and ample parking.
      20 Lawrence Bell Dr, Amherst, NY 14221
      View Details
    • Contact for pricing

      High Visibility Retail/Office Opportunity

      Former convenience store ideal for retail, restaurant, or office business.
      2550 Millersport Hwy, Getzville, NY 14068
      View Details
    • Contact for pricing

      Transit Road Retail/Office Opportunity

      7,800 SF building suitable for retail, office, or restaurant.
      9500 Transit Rd, East Amherst, NY 14051
      View Details
    • $20 SF/Yr

      Transit Road Office Suite Available

      Office suite with private offices, kitchen, and ample parking.
      8610 Transit Rd, East Amherst, NY 14051
      View Details

    FAQs

    What type of property is this?
    Specialty property - Specialty property available for rent in Amherst, New York.
    Where is this specialty property located?
    The property is located at 2350 N Forest Rd Amherst, NY.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Year Built: 1990; - Price: $11
    (716) 308-7452
    Request Owner's contact information
    2350 N Forest Rd Amherst, NY 14068
    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.
    2350 N Forest Rd
    Amherst, NY 14068
    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
    2350 N Forest Rd Amherst, NY 14068
    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

    We can help!
    Listing Contact
    Bethany Botzenhart
    (716) 308-7452 (716) 932-5300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!