Corner Retail-Industrial
5727 S Park Ave Hamburg, NY 14075
For Sale
Contact for pricing
All-brick corner building with high bay warehouse space, retail/offices, and three grade-level doors on 1.3 acres.
Property Size22,500 SF
Lot Size1.30 Acres
Price / SF$71.11
Days on Market579
Property Features for 5727 S Park Ave
General Information
Standard status
Active
Size
22,500 SF
Lot size
1.30 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Hanna Commercial Real Estate | Buffalo
(716) 208-9514
Listed By:
David Doerr · License #10301218669
(716) 208-9514
Source:
Moodyscre
Added: Dec 27, 2024
Changed: Jul 28
Last Checked: Jul 28 at 5:15PM
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 Real Estate | Buffalo
Investment Insights
Based on property information with market context.
This all-brick corner property includes a high bay warehouse area and a separate retail/offices/counter area, totaling 22,500 square feet. The metal high bay addition was completed in 1995, and the building features three grade-level doors and three-phase power.
The site spans 1.3 acres with 200 feet of frontage on South Park Ave. The property is located at the corner of Quinby Drive near the Fairgrounds. Zoned C-2 General Commercial.
The existing layout combines warehouse and commercial front-area components, offering on-site space that can support a variety of general commercial uses consistent with the C-2 zoning designation.
The site spans 1.3 acres with 200 feet of frontage on South Park Ave. The property is located at the corner of Quinby Drive near the Fairgrounds. Zoned C-2 General Commercial.
The existing layout combines warehouse and commercial front-area components, offering on-site space that can support a variety of general commercial uses consistent with the C-2 zoning designation.
Key Highlights
- 15,500 SF high bay space (18.6 ft) plus 7,000 SF retail/offices/counter area
- 1.3‑acre site with 200 ft of frontage on South Park Ave.
- All‑brick building with metal high bay addition added in 1995
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 | $213.3k | $9.48 |
| − Vacancy | −$14.3k | −$0.64 |
| EGI | $199.0k | $8.84 |
| − OpEx | −$69.7k | −$3.10 |
| NOI | $129.4k | $5.75 |
22,500 SF · lease $9.48/SF/yr · vacancy 6.70% · expense 35.00%
Alternative Uses
Best Use
Retail
$2.89M
$2.53M – $3.37M
NOI $202,306 @ 7.0% cap · market cap 12.64%
Second Best
Flex RnD
$1.85M
$1.62M – $2.16M
NOI $129,356 @ 7.0% cap · market cap 8.08%
Theoretical Best
Office A
$4.92M
$4.30M – $5.74M
NOI $344,304 @ 7.0% cap · market cap 21.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - All-brick corner building with high bay warehouse space, retail/offices, and three grade-level doors on 1.3 acres.
Where is this flex space located?
The property is located at 5727 S Park Ave Hamburg, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 15,500 SF high bay space (18.6 ft) plus 7,000 SF retail/offices/counter area; 1.3‑acre site with 200 ft of frontage on South Park Ave.; All‑brick building with metal high bay addition added in 1995
