Office Unit with
For Sale
Contact for pricing
3737 Lake Shore Road, Hamburg, NY 14219
Interior amenities include a lunch area and private restroom.
Property Size800 SF
Price / SF$1.25
Days on Market21
Property Features for 3737 Lake Shore Road
General Information
Standard status
Active
Size
800 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Property Use
Office
Building Details
Year Built
1976
Listing Agency:
Howard Hanna WNY Inc.
(716) 648-7700
Listed By:
Kevin G Cullen · License #40CU0800264
(716) 983-0682
Source:
Prestigefamilyrealty
Added: Oct 15
Changed: Nov 4
Last Checked: Nov 4 at 8:42AM
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 Howard Hanna WNY Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit is configured with multiple cubicles, a lunch room and a bathroom. The building dates to 1976.
The property is on Lake Shore Road, identified as Route 5, between a Ford plant and a FedEx distribution complex. The location provides access to downtown Buffalo and the New York State Thruway (I-90).
The property is on Lake Shore Road, identified as Route 5, between a Ford plant and a FedEx distribution complex. The location provides access to downtown Buffalo and the New York State Thruway (I-90).
Key Highlights
- Multiple office cubicles
- Lunch room and bathroom
- On Lake Shore Road, also known as Route 5
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,025
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,500
$200.5K
Cap Rate 7%
$143,214
$143.2K
Cap Rate 9%
$111,389
$111.4K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$16.3K $20.40/SF
− Vacancy
−$3.0K −$3.69/SF
EGI
$13.4K $16.71/SF
− OpEx
−$3.3K −$4.18/SF
NOI
$10.0K $12.53/SF
Area
Erie County, NY
Vacancy
18.10%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,500
Cap Rate 7%
$143,214
Cap Rate 9%
$111,389
Alternative Uses
Best Use
Office B
$143.2K
$125.3K – $167.1K
NOI $10,025 @ 7.0% cap · market cap 1,002.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$174.9K
$153.0K – $204.0K
NOI $12,242 @ 7.0% cap · market cap 1,224.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Explore this area
Business Placement
Demographics for 14219, NY
11,593
Population
5,612
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
94%
High-School Grad
6.9 sq mi
ZIP Area
1,680
Density / Sq Mi
$75,465
Median Household Income
$45,957
Median Earnings
$928
Median Rent
$181,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Interior amenities include a lunch area and private restroom.
Where is this office unit located?
The property is located at 3737 Lake Shore Road Hamburg, NY.
What are key features of this property?
This property features: Multiple office cubicles; Lunch room and bathroom; On Lake Shore Road, also known as Route 5
