New Flex Space with Drive-In
For Sale
Contact for pricing
1457 Eden Evans Center Road, Angola, NY 14006
Newly constructed space combines finished offices with separate warehouse bays.
Property Size4,800 SF
Price / SF$1.25
Days on Market48
Property Features for 1457 Eden Evans Center Road
General Information
Standard status
Active
Size
4,800 SF
Property subtype
CommercialLease
Warehouse & Industrial
Clear Height
14 ft
Warehouse Space
3,200 SF
Office Build-Out
1,600 SF
Drive-In Doors
2
Building Details
Building Size
4,800 SF
Listing Agency:
HUNT Real Estate Corporation
(716) 648-2300
Listed By:
Sean Skinner · License #10401335678
(716) 997-5381
Source:
Nicholcityrealty
Added: Aug 30
Changed: Oct 4
Last Checked: Oct 14 at 11:01PM
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 HUNT Real Estate Corporation
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Investment Insights
Based on property information with market context.
This never-occupied flex property contains 4,800 SF arranged for combined office and industrial operations. The front office occupies 1,600 SF and includes two private bathrooms, while two adjoining warehouse bays provide 1,600 SF each. Every bay has its own bathroom, supporting separate work areas within the facility.
Each 40-by-40-foot warehouse bay offers 14-foot clear ceilings and a 12-foot overhead drive-in door. The property is located at 1457 Eden Evans Center Road in Evans, NY, near the planned Agribusiness Park development. The layout provides finished administrative space alongside dedicated warehouse areas in a newly built commercial facility.
Each 40-by-40-foot warehouse bay offers 14-foot clear ceilings and a 12-foot overhead drive-in door. The property is located at 1457 Eden Evans Center Road in Evans, NY, near the planned Agribusiness Park development. The layout provides finished administrative space alongside dedicated warehouse areas in a newly built commercial facility.
Key Highlights
- 4,800 SF flex facility with 1,600 SF office and two 1,600 SF warehouse bays
- Two side‑by‑side warehouse bays, each measuring 40'x40'
- 14‑foot ceilings in both warehouse bays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,066
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,320
$421.3K
Cap Rate 7%
$300,943
$300.9K
Cap Rate 9%
$234,067
$234.1K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$32.3K $6.72/SF
− Vacancy
−$2.2K −$0.45/SF
EGI
$30.1K $6.27/SF
− OpEx
−$9.0K −$1.88/SF
NOI
$21.1K $4.39/SF
Area
Erie County, NY
Vacancy
6.70%
Lease Rate
$6.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,320
Cap Rate 7%
$300,943
Cap Rate 9%
$234,067
Alternative Uses
Best Use
Office B
$859.2K
$751.8K – $1.00M
NOI $60,147 @ 7.0% cap · market cap 1,002.45%
Second Best
Flex RnD
$394.2K
$345.0K – $459.9K
NOI $27,596 @ 7.0% cap · market cap 459.93%
Theoretical Best
Office A
$1.05M
$918.2K – $1.22M
NOI $73,452 @ 7.0% cap · market cap 1,224.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
14 ft
Clear height
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14006, NY
9,140
Population
5,012
Households
1.8
Avg Household Size
49
Median Age
25%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
325
Density / Sq Mi
$62,019
Median Household Income
$45,044
Median Earnings
$956
Median Rent
$154,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Newly constructed space combines finished offices with separate warehouse bays.
Where is this flex space located?
The property is located at 1457 Eden Evans Center Road Angola, NY.
What are key features of this property?
This property features: 4,800 SF flex facility with 1,600 SF office and two 1,600 SF warehouse bays; Two side‑by‑side warehouse bays, each measuring 40'x40'; 14‑foot ceilings in both warehouse bays
