Medical Office with Exam
For Sale
Contact for pricing
4085 Seneca Street, West Seneca, NY 14224
Configured for medical or professional service use with patient-facing and administrative areas.
Property Size1,900 SF
Price / SF$1.45
Days on Market47
Property Features for 4085 Seneca Street
General Information
Standard status
Active
Size
1,900 SF
Amenities
handicap accessible
Listing Agency:
Gurney Becker & Bourne
(716) 849-1234
Listed By:
Meredith Battin · License #10401356605
(716) 228-6187
Source:
Nicholcityrealty
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 28 at 8:15AM
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 Gurney Becker & Bourne
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This medical office property at 4085 Seneca Street includes four exam rooms, a waiting area, and a separate billing office. The existing arrangement supports patient services alongside administrative functions, offering a practical setup for medical or professional service operations.
The property includes ample parking and handicap accessibility. Individual rooms may also be available for lease, subject to owner approval, providing an alternative arrangement for businesses seeking flexible occupancy.
The property includes ample parking and handicap accessibility. Individual rooms may also be available for lease, subject to owner approval, providing an alternative arrangement for businesses seeking flexible occupancy.
Key Highlights
- Four exam rooms included in the existing layout
- Separate waiting area and billing office
- Ample on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,654
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,080
$453.1K
Cap Rate 7%
$323,629
$323.6K
Cap Rate 9%
$251,711
$251.7K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$41.0K $21.60/SF
− Vacancy
−$3.3K −$1.73/SF
EGI
$37.8K $19.87/SF
− OpEx
−$15.1K −$7.95/SF
NOI
$22.7K $11.92/SF
Area
Buffalo, NY
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,080
Cap Rate 7%
$323,629
Cap Rate 9%
$251,711
Alternative Uses
Best Use
Office B
$338.5K
$296.2K – $394.9K
NOI $23,692 @ 7.0% cap · market cap 861.53%
Second Best
Healthcare Medical
$323.6K
$283.2K – $377.6K
NOI $22,654 @ 7.0% cap · market cap 823.78%
Theoretical Best
Office A
$456.9K
$399.8K – $533.1K
NOI $31,984 @ 7.0% cap · market cap 1,163.05%
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
666
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 14224, NY
40,736
Population
19,286
Households
2.1
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
2,017
Density / Sq Mi
$76,250
Median Household Income
$49,824
Median Earnings
$1,077
Median Rent
$219,800
Median Home Value
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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?
Medical Office Space - Configured for medical or professional service use with patient-facing and administrative areas.
Where is this medical office space located?
The property is located at 4085 Seneca Street West Seneca, NY.
What are key features of this property?
This property features: Four exam rooms included in the existing layout; Separate waiting area and billing office; Ample on‑site parking
