Medical Office with Dental
For Sale
Contact for pricing
476 Hertel Ave, Buffalo, NY 14207
Medical office includes a large reception, 8 dental operatories, and dental lab prep areas with 20 parking spaces.
Property Size3,685 SF
Price / SF$150
Days on Market83
Property Features for 476 Hertel Ave
General Information
Standard status
Active
Size
3,685 SF
Total Parking Spaces
20
Property subtype
OFFICE
Listing Agency:
CBRE | Buffalo
(716) 912-2285
Listed By:
Lida Eberz · License #10401387094
(716) 912-2285
Source:
Moodyscre
Added: May 11
Changed: Jul 20
Last Checked: Jul 20 at 11:56PM
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 CBRE | Buffalo
Investment Insights
Based on property information with market context.
This medical office totals 3,685 square feet and is built out for dental use. The interior features a large reception area, eight dental operatories, and a centrally located dental lab and prep area. Additional improvements include a kitchenette, a changing room, and a private employee restroom.
On-site parking is available for 20 cars, supporting patient and staff access.
The layout is specifically configured around patient reception and multiple operatories, with dedicated lab and prep space designed for in-office dental workflows.
On-site parking is available for 20 cars, supporting patient and staff access.
The layout is specifically configured around patient reception and multiple operatories, with dedicated lab and prep space designed for in-office dental workflows.
Key Highlights
- 3,685 sq. ft. medical office with a dental buildout
- Large reception area plus 8 dental operatories
- Central dental lab and prep area
Financial Insights For Office B
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 | $75.2k | $20.40 |
| − Vacancy | −$13.9k | −$3.77 |
| EGI | $61.3k | $16.63 |
| − OpEx | −$15.3k | −$4.16 |
| NOI | $46.0k | $12.47 |
3,685 SF · lease $20.40/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$656.4K
$574.4K – $765.8K
NOI $45,950 @ 7.0% cap · market cap 8.31%
Second Best
Healthcare Medical
$627.7K
$549.2K – $732.3K
NOI $43,937 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$886.2K
$775.4K – $1.03M
NOI $62,032 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14207, NY
26,006
Population
11,317
Households
2.3
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
3.9 sq mi
ZIP Area
6,668
Density / Sq Mi
$38,951
Median Household Income
$33,851
Median Earnings
$943
Median Rent
$111,200
Median Home Value
Market
Vacancy Rate% for Office in Buffalo, NY
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office includes a large reception, 8 dental operatories, and dental lab prep areas with 20 parking spaces.
Where is this medical office space located?
The property is located at 476 Hertel Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $552,750.
What are key features of this property?
This property features: 3,685 sq. ft. medical office with a dental buildout; Large reception area plus 8 dental operatories; Central dental lab and prep area
