Industrial Land with Cross
For Sale
Contact for pricing
175 Katherine St, Buffalo, NY
19,000+ SF former cross dock facility on 11 acres.
Property Size19,000 SF
Lot Size11.00 Acres
Price / SF$84.21
Days on Market328
Property Features for 175 Katherine St
General Information
Standard status
Active
Size
19,000 SF
Lot size
11.00 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Hanna Commercial Real Estate | Buffalo
(716) 856-7107
Listed By:
Joseph Deck · License #30DE0804140
(716) 830-3325
Source:
Moodyscre
Added: Nov 12, 2025
Changed: Sep 14
Last Checked: Oct 5 at 9:13PM
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 property features an 11-acre industrial land parcel improved with a 19,000+ SF former cross-dock facility. The lot is fully fenced. The warehouse component offers an 11 ft. clear height. The facility includes 28 dock-height doors, 4 pull-through repair bays with 14 ft. doors, and 2 interior docks. Additionally, the property provides 3,200+ SF of shop space and a 10-ton crane.
Key Highlights
- 11 acres of industrial land
- 19,000+ SF former cross dock facility
- Features 28 dock height doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,082
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,661,640
$2.7M
Cap Rate 7%
$1,901,171
$1.9M
Cap Rate 9%
$1,478,689
$1.5M
Market Conditions
NOI Build-Up for 19,000 SF
Gross rent
$193.8K $10.20/SF
− Vacancy
−$3.7K −$0.19/SF
EGI
$190.1K $10.01/SF
− OpEx
−$57.0K −$3.00/SF
NOI
$133.1K $7.00/SF
Area
Buffalo, NY
Vacancy
1.90%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,661,640
Cap Rate 7%
$1,901,171
Cap Rate 9%
$1,478,689
Alternative Uses
Best Use
Warehouse
$2.31M
$2.02M – $2.69M
NOI $161,600 @ 7.0% cap · market cap 10.10%
Second Best
Industrial
$1.90M
$1.66M – $2.22M
NOI $133,082 @ 7.0% cap · market cap 8.32%
Theoretical Best
Office A
$4.57M
$4.00M – $5.33M
NOI $319,838 @ 7.0% cap · market cap 19.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Buffalo, NY
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Whitebox Commodities — 120 Childs St, Buffalo, NY 14203
- American Grain Complex — 87 Childs St, Buffalo, NY 14203
- Your Storage Place — Buffalo, NY 14210
- U Haul Self Storage — Perry St, Buffalo, NY 14210
- Self-Storage at U-Haul — 665 Perry St, Buffalo, NY 14210
Frequently Asked Questions
What type of property is this?
Warehouse - 19,000+ SF former cross dock facility on 11 acres.
Where is this warehouse located?
The property is located at 175 Katherine St Buffalo, 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: 11 acres of industrial land; 19,000+ SF former cross dock facility; Features **28 dock height doors**
