Office Units at Signalized
15 Dunham Avenue, Jamestown, NY 14701
For Sale
New
Contact for pricing
A 1995-built professional property sits at the Route 394 and Dunham Avenue intersection.
Property Size5,600 SF
Price / SF$0.18
Days on Market5
Property Features for 15 Dunham Avenue
General Information
Standard status
Size
Additional Details
Road Access
Property Use
Building Details
Year Built
Listing Agency:
Real Estate Advantage
(716) 484-2020
Listed By:
Richard Benedetto · License NY 31BE0882362
(716) 665-9403
Source:
Nicholcityrealty
Added: Nov 8
Last Checked: Nov 12 at 7:36AM
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 Real Estate Advantage
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Investment Insights
Based on property information with market context.
The 5,600-square-foot office property was built in 1995. The space is intended for office or professional use and is scheduled to receive fresh paint before occupancy. Minor alterations may be considered, subject to the owner's approval.
The property occupies the corner of Route 394 and Dunham Avenue, where a traffic signal controls the intersection and provides access from both roads. Other businesses are situated in the surrounding area.
The property occupies the corner of Route 394 and Dunham Avenue, where a traffic signal controls the intersection and provides access from both roads. Other businesses are situated in the surrounding area.
Key Highlights
- 5,600‑square‑foot office property
- Built in 1995
- At the signalized corner of Route 394 and Dunham Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,587
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,731,740
$1.7M
Cap Rate 7%
$1,236,957
$1.2M
Cap Rate 9%
$962,078
$962.1K
Market Conditions
NOI Build-Up for 5,600 SF
Gross rent
$134.4K $24.00/SF
− Vacancy
−$19.0K −$3.38/SF
EGI
$115.4K $20.62/SF
− OpEx
−$28.9K −$5.15/SF
NOI
$86.6K $15.46/SF
Area
Chautauqua County, NY
Vacancy
14.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,731,740
Cap Rate 7%
$1,236,957
Cap Rate 9%
$962,078
Alternative Uses
Best Use
Office B
$1.24M
$1.08M – $1.44M
NOI $86,587 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,331 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
Explore this area
Business Placement
Demographics for 14701, NY
38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Jamestown, NY
Properties on Market for Office Units in Jamestown
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A 1995-built professional property sits at the Route 394 and Dunham Avenue intersection.
Where is this office unit located?
The property is located at 15 Dunham Avenue Jamestown, NY.
What are key features of this property?
This property features: 5,600‑square‑foot office property; Built in 1995; At the signalized corner of Route 394 and Dunham Avenue
