Industrial Facility with Refrigerated
3600 Commerce Parkway Lancaster, NY 14086
For Sale
Contact for pricing
Built in 2018 with a clear-span warehouse, dock doors, and dedicated refrigerated cooler space plus finished office area.
Property Size9,240 SF
Price / SF$129.87
Days on Market17
Property Features for 3600 Commerce Parkway
General Information
- Standard status
- Active
- Size
- 9,240 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2018
Listing Agency:
Hanna Commercial Real Estate Buffalo
(716) 239-5764
Listed By:
Richard Wadsworth · License #10401370901
Source:
Crexi
Added: Jul 8
Changed: Jul 23
Last Checked: Jul 23 at 11:02AM
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 9,240 SF industrial facility was built in 2018 and offers a clear-span warehouse layout designed for operational flexibility. The property includes 13-foot clear ceiling height, 4,000 SF of refrigerated/cooler space, and 500 SF of finished office space. Shipping and receiving is supported by six trailer-height dock doors, with three dock doors accommodating box trucks. Electrical service includes 480V power and a 300-amp electrical panel, with modern construction throughout.
The facility is located in Lancaster Industrial Park, with access to major highways and regional transportation routes.
On-site expansion potential is noted, supporting long-term growth for logistics, warehousing, manufacturing, or cold-storage and food distribution uses.
The facility is located in Lancaster Industrial Park, with access to major highways and regional transportation routes.
On-site expansion potential is noted, supporting long-term growth for logistics, warehousing, manufacturing, or cold-storage and food distribution uses.
Key Highlights
- 9,240 SF industrial facility built in 2018 in the Lancaster Industrial Park
- Clear‑span building with 13‑ft clear ceiling height for flexible warehouse operations
- 4,000 SF refrigerated/cooler space plus efficient warehouse layout
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.1k | $6.72 |
| − Vacancy | −$4.2k | −$0.45 |
| EGI | $57.9k | $6.27 |
| − OpEx | −$8.7k | −$0.94 |
| NOI | $49.2k | $5.33 |
9,240 SF · lease $6.72/SF/yr · vacancy 6.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$703.5K
$615.5K – $820.7K
NOI $49,243 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,394 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Public Storage — 3953 Walden Ave, Lancaster, NY 14086
FAQs
What type of property is this?
Warehouse - Built in 2018 with a clear-span warehouse, dock doors, and dedicated refrigerated cooler space plus finished office area.
Where is this warehouse located?
The property is located at 3600 Commerce Parkway Lancaster, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 9,240 SF industrial facility built in 2018 in the Lancaster Industrial Park; Clear‑span building with 13‑ft clear ceiling height for flexible warehouse operations; 4,000 SF refrigerated/cooler space plus efficient warehouse layout
