Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2150 Liberty Dr Niagara Falls, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    39,181 sq ft flex space with multiple configurations.

    Type:INDUSTRIAL
    Property size:
    18,750 SF
    Lot size:
    2.70 Acres
    Added:
    Apr 1, 2025
    Days on Market:
    395
    Last Refresh:
    Apr 5 at 9:53 pm

    Property Features for 2150 Liberty Dr

    General Information

    Standard status
    Active
    Size
    18,750 SF
    Lot size
    2.70 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 2150 Liberty Dr Contact us

    We can help!

    Listing Contact
    James R. Militello

    Listing agent James R. Militello

    Listing office J. R. Militello Realty, Inc

    Listing date Apr 1, 2025

    Source Moodyscre

    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 J. R. Militello Realty, Inc

    Overview

    Industrial Flex Space For Lease

    This 39,181 sq. ft. flex space features high-quality masonry and steel frame construction. Configured as 9 units, the property has separately metered utilities. The building includes 18' clear ceiling height, 8 truck-height loading docks, and 2 grade doors. It is equipped with 800 AMP / 240V electrical service. There is an opportunity to occupy 18,750 sq. ft. in 2025. The property is currently 100% occupied with a stable tenant base.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Summit Spine & Sport Alternative Medicine Practice Joshua Leuppie Alternative Medicine Practice ICC Compliance Center ... Big Box & Wholesale Store Scott Perry & Company ... Trade Show Venue May Audio Marketing, ... Electronics & Wireless Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -78.9352
    Latitude
    43.0737

    Nearby Similar for Lease

    • $6 SF/Yr

      Niagara Falls Office/Warehouse Space

      Office/warehouse space near I-190 and commercial corridors in Niagara Falls.
      6900 Mooradian Drive, Niagara Falls, NY 14304
      View Details
    • $399,000 SF/Yr

      Equipped Daycare Facility For Sale

      Fully equipped daycare facility with modern finishes and outdoor play areas.
      300 Hyde Park Boulevard, Niagara Falls, NY 14303
      View Details
    • Contact for pricing

      Versatile Industrial Space Available

      Office, shop, and warehouse space for lease near Amazon.
      8555 Packard Rd, Niagara, NY 14304
      View Details
    • Contact for pricing

      Niagara Falls Blvd Retail/Office Space

      Two spaces available on Niagara Falls Blvd, suitable for various businesses.
      10158 Niagara Falls Blvd, Niagara Falls, NY 14304
      View Details
    • Contact for pricing

      Prime Niagara County Office Space

      Strategic location with excellent visibility in a medical hub.
      4600 Military Rd, Niagara, NY 14305
      View Details
    • $10 SF/Yr

      Historic Office Space For Rent

      Updated historic building with kitchen, conference room, and ample parking.
      661 Main Street, Niagara Falls, NY 14301
      View Details
    • $10 SF/Yr

      Niagara Street Commercial Building

      Commercial building with retail, warehouse space, and parking.
      2318 Niagara St, Niagara Falls, NY 14303
      View Details
    • $750,000 SF/Yr

      Updated Retail and Office Building

      Partially renovated building with retail, meeting area, and offices.
      1618 18th St, Niagara Falls, NY 14305
      View Details
    • $15 SF/Yr

      Niagara Falls Blvd Retail Space

      Retail or office space near Niagara Falls Airport available for rent.
      10158 Niagara Falls Blvd., Niagara Falls, NY 14304
      View Details
    • $199,000 SF/Yr

      Automotive Repair Shop with Upgrades

      Commercially zoned auto-body shop with insulated pole barn.
      2910 Louisiana Ave, Niagara, NY 14305
      View Details
    • $10 SF/Yr

      Retail/Office Space on Pine Avenue

      Move-in ready retail or office space with shelving and coolers.
      1611 Pine Ave, Niagara Falls, NY 14301
      View Details
    • $11 SF/Yr

      Professional Office Complex For Lease

      Premier office complex in Niagara County, divisible space available.
      7711 Porter Road, Niagara Falls, NY 14304
      View Details

    FAQs

    What type of property is this?
    Flex space - 39,181 sq ft flex space with multiple configurations.
    Where is this flex space located?
    The property is located at 2150 Liberty Dr Niagara Falls, NY.
    What are key features of this property?
    This property features: 100% occupied with stable tenant base, providing immediate income.; Opportunity to occupy **18,750 sq. ft.** in 2025, offering flexibility for future use.; High‑quality masonry & steel frame construction, ensuring durability and low maintenance.
    (716) 856-2872 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    James R. Militello
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!