High-Bay Industrial Warehouse
4255 Research Pkwy Clarence, NY 14031
For Sale
$2,700,000
Industrial and warehouse building with high-clearance space, finished offices, and multiple loading doors on a 10-acre park site.
Property Size23,582 SF
Lot Size10.00 Acres
Price / SF$114.49
Days on Market11
Property Features for 4255 Research Pkwy
General Information
Standard status
Active
Size
23,582 SF
Lot size
10.00 Acres
Building Details
Year Built
2006
Listing Agency:
Hanna Commercial
(716) 239-5764
Listed By:
Richard Wadsworth · License #10401370901
Source:
Michael.symphonyofhomes
Added: Jul 20
Changed: Jul 22
Last Checked: Jul 29 at 9:01AM
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 Hanna Commercial
Investment Insights
Based on property information with market context.
This for-sale industrial and warehouse facility totals approximately 25,000 square feet, including about 20,000 square feet of high-bay warehouse area and roughly 5,000 square feet of finished office space. The warehouse offers 21-foot clear height and a 480V electrical service, with two deep dock loading doors and one 14-foot grade level overhead door. Inside, the building is arranged with two clear span bays measuring 50 feet by 200 feet each, designed to support flexible manufacturing, warehousing, or distribution layouts.
The property is situated on a 10-acre industrial business park zoned site in Clarence, New York. Parking is available for more than 50 vehicles, and the site includes approximately 600 feet of frontage that may support future development or expansion.
For an operator needing both warehouse and administrative space, the combination of high-clearance storage, multiple loading points, and dedicated finished offices provides a straightforward foundation for a wide range of industrial uses.
The property is situated on a 10-acre industrial business park zoned site in Clarence, New York. Parking is available for more than 50 vehicles, and the site includes approximately 600 feet of frontage that may support future development or expansion.
For an operator needing both warehouse and administrative space, the combination of high-clearance storage, multiple loading points, and dedicated finished offices provides a straightforward foundation for a wide range of industrial uses.
Key Highlights
- 25,000 SF industrial/warehouse facility on a 10‑acre Industrial Business Park zoned site in Clarence, NY
- 20,000 SF high‑bay warehouse plus 5,000 SF finished office space
- Warehouse has 21‑foot clear height and 480V electrical service
Financial Insights For Warehouse
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 | $158.5k | $6.72 |
| − Vacancy | −$10.6k | −$0.45 |
| EGI | $147.9k | $6.27 |
| − OpEx | −$22.2k | −$0.94 |
| NOI | $125.7k | $5.33 |
23,582 SF · lease $6.72/SF/yr · vacancy 6.70% · expense 15.00%
Alternative Uses
Best Use
Office B
$4.22M
$3.69M – $4.92M
NOI $295,499 @ 7.0% cap · market cap 10.94%
Second Best
Warehouse
$1.80M
$1.57M – $2.09M
NOI $125,675 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$5.16M
$4.51M – $6.01M
NOI $360,861 @ 7.0% cap · market cap 13.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Stephen Development LLC — 9580 Main St, Clarence, NY 14031
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial and warehouse building with high-clearance space, finished offices, and multiple loading doors on a 10-acre park site.
Where is this warehouse located?
The property is located at 4255 Research Pkwy Clarence, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 25,000 SF industrial/warehouse facility on a 10‑acre Industrial Business Park zoned site in Clarence, NY; 20,000 SF high‑bay warehouse plus 5,000 SF finished office space; Warehouse has 21‑foot clear height and 480V electrical service
