Office Units with Surface
For Sale
Contact for pricing
3018 Military Road, Niagara Falls, NY 14304
Professional office property near medical practices, hospitals, and established business services along Military Road.
Property Size5,320 SF
Price / SF$0.00
Days on Market61
Property Features for 3018 Military Road
General Information
Standard status
Active
Size
5,320 SF
Total Parking Spaces
33
Property subtype
CommercialLease
Listing Agency:
Century 21 North East
(716) 754-9963
Listed By:
Sam A Talarico · License #10301213118
(716) 998-9220
Source:
Nicholcityrealty
Added: Aug 17
Changed: Oct 4
Last Checked: Oct 16 at 8:43AM
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 Century 21 North East
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Investment Insights
Based on property information with market context.
This 5,320-square-foot office property at 3018 Military Road provides a professional setting within an established business district. The site includes a paved parking lot with 33 surface spaces, supporting convenient access for occupants and visitors.
The property is near Mt. St. Mary's Hospital, Memorial Medical Center, medical practices, and other professional offices. Access to 190 connects the location with Buffalo, Lewiston, and Canada, while the Amazon Fulfillment Center is also nearby. The surrounding medical and professional-office presence adds context for businesses seeking a Military Road address.
The property is near Mt. St. Mary's Hospital, Memorial Medical Center, medical practices, and other professional offices. Access to 190 connects the location with Buffalo, Lewiston, and Canada, while the Amazon Fulfillment Center is also nearby. The surrounding medical and professional-office presence adds context for businesses seeking a Military Road address.
Key Highlights
- 5,320‑square‑foot office property at 3018 Military Road
- Paved lot with 33 surface parking spaces
- Near Mt. St. Mary's Hospital and Memorial Medical Center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,239
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,504,780
$1.5M
Cap Rate 7%
$1,074,843
$1.1M
Cap Rate 9%
$835,989
$836.0K
Market Conditions
NOI Build-Up for 5,320 SF
Gross rent
$114.9K $21.60/SF
− Vacancy
−$14.6K −$2.74/SF
EGI
$100.3K $18.86/SF
− OpEx
−$25.1K −$4.71/SF
NOI
$75.2K $14.14/SF
Area
Niagara County, NY
Vacancy
12.70%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,504,780
Cap Rate 7%
$1,074,843
Cap Rate 9%
$835,989
Alternative Uses
Best Use
Office B
$1.07M
$940.5K – $1.25M
NOI $75,239 @ 7.0% cap · market cap 537,421.43%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.52M
$3.96M – $5.27M
NOI $316,427 @ 7.0% cap · market cap 2,260,192.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Explore this area
Business Placement
Demographics for 14304, NY
28,923
Population
13,705
Households
2.1
Avg Household Size
45
Median Age
25%
College-Educated
92%
High-School Grad
21.5 sq mi
ZIP Area
1,345
Density / Sq Mi
$64,756
Median Household Income
$42,613
Median Earnings
$901
Median Rent
$151,500
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?
Office units - Professional office property near medical practices, hospitals, and established business services along Military Road.
Where is this office units located?
The property is located at 3018 Military Road Niagara Falls, NY.
What are key features of this property?
This property features: 5,320‑square‑foot office property at 3018 Military Road; Paved lot with 33 surface parking spaces; Near Mt. St. Mary's Hospital and Memorial Medical Center
