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4255 Research Pkwy, Clarence, NY, 14031
High-Bay Industrial Warehouse

4255 Research Pkwy Clarence, NY 14031

For Sale
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High-bay warehouse with 21-foot clear height, two dock doors, one grade door, and 5,000 square feet of office.

Property Size25,000 SF
Lot Size10.00 Acres
Price / SF$108
Days on Market322

Property Features for 4255 Research Pkwy

General Information

Standard status Active
Size 25,000 SF
Lot size 10.00 Acres
Property subtype INDUSTRIAL
Listing Agency: Hanna Commercial Real Estate | Buffalo
Listed By: Joseph Deck · License #30DE0804140
Source: Moodyscre
Added: Sep 12, 2025 Changed: Jul 27 Last Checked: Jul 29 at 3:48PM

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 high-bay industrial facility includes approximately 20,000 square feet of light industrial/warehouse space and about 5,000 square feet of office space. The building offers 21-foot clear height, 480V electrical service, and clear span configuration with two 50' x 200' bays. Loading includes two deep dock loading doors plus one 14-foot grade door.

The property sits on a 10-acre site with additional 600 feet of frontage for future development. Parking is available for 50+ vehicles, and the property is zoned Industrial Business Park.

The warehouse also features high bay lighting throughout the industrial space, supporting a range of light industrial operations where material movement and dock access are important.

Key Highlights

  • 20,000 sq. ft. high‑bay light industrial/warehouse with 21 ft. clear height
  • Dock loading: two deep dock loading doors plus one 14 ft. grade door
  • Two 50' x 200' clear span bays

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 $168.0k $6.72
− Vacancy −$11.3k −$0.45
EGI $156.7k $6.27
− OpEx −$23.5k −$0.94
NOI $133.2k $5.33
25,000 SF · lease $6.72/SF/yr · vacancy 6.70% · expense 15.00%

Alternative Uses

Best Use
Office B
$4.48M
$3.92M – $5.22M (±1% cap)
NOI $313,268 @ 7.0% cap · market cap 11.60%
Second Best
Warehouse
$1.90M
$1.67M – $2.22M (±1% cap)
NOI $133,232 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$5.47M
$4.78M – $6.38M (±1% cap)
NOI $382,560 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Safety-Kleen Systems Environmental Consultant MTI Inc Factory

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Pharmacy Building Supply Electrical Service Storage Facility

Zoning and permitted uses should be independently verified with authorities.

Similar Off Market Nearby

  • Stephen Development LLC — 9580 Main St, Clarence, NY 14031

Frequently Asked Questions

What type of property is this?
Warehouse - High-bay warehouse with 21-foot clear height, two dock doors, one grade door, and 5,000 square feet of office.
Where is this warehouse located?
The property is located at 4255 Research Pkwy Clarence, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 20,000 sq. ft. high‑bay light industrial/warehouse with 21 ft. clear height; Dock loading: two deep dock loading doors plus one 14 ft. grade door; Two 50' x 200' clear span bays
(716) 830-3325 Call to check price and availability
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