Auto Garage/Truck Terminal For
4849 W Lake Rd, Dunkirk, NY 14048
For Sale
Contact for pricing
Auto garage/truck terminal on 10 acres near Dunkirk and Fredonia.
Property Size8,000 SF
Lot Size10.00 Acres
Price / SF$93.75
Days on Market1616
Property Features for 4849 W Lake Rd
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Listing Agency:
Recckio Real Estate and Development
Listed By:
Rick Recckio · License #NY 31RE0821429
(716) 998-4422
Source:
Crexi
Added: Jun 6, 2022
Changed: Aug 14
Last Checked: Aug 25 at 9:53AM
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 Recckio Real Estate and Development
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Investment Insights
Based on property information with market context.
This auto garage and truck terminal, situated between Dunkirk and Fredonia, is available for sale or lease. The property is located on Route 5, across from the Shorewood Country Club, and is centrally located between Downtown Dunkirk and Fredonia, providing easy access to both locations. It is also located minutes from the New York State Thruway I-90 and Route 20. The property sits on 10 acres, featuring a frontage of 418 feet and a depth of 1,408 feet, offering ample parking, land, and accessibility. There are two separate entrances into the lot, which includes a stone yard and 360-degree driving access around the building. The building is divided into office and warehouse spaces. The office space is approximately 1,000 square feet and includes two bathrooms, private offices, a breakroom, and access to the warehouse from the front and rear. The warehouse is a steel beam structure measuring 100 feet by 70 feet, featuring drive-thru bays and a total of five 14-foot by 14-foot overhead doors, with two bays offering drive-thru compatibility. The flooring consists of 6-inch thick concrete in the office space and 8-inch to 12-inch thick concrete in the warehouse. Heated floors provide a comfortable work environment. The warehouse is equipped with a locker room with laundry, showers, and bathrooms. The warehouse space had an oil-burning system for waste oil, multiple lifts, and a pit/trench. Additional storage space is located above the office area, supported by I-Floor Joists.
Key Highlights
- Ideal location between Dunkirk and Fredonia with easy access to NYS Thruway I‑90 and Route 20.
- 10 +/- acres with ample parking, land, and 360‑degree driving access.
- Warehouse with drive‑thru bays, multiple lifts, and a pit/trench for vehicle work.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,080
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,600
$1.2M
Cap Rate 7%
$858,286
$858.3K
Cap Rate 9%
$667,556
$667.6K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$75.8K $9.48/SF
− Vacancy
−$5.2K −$0.64/SF
EGI
$70.7K $8.84/SF
− OpEx
−$10.6K −$1.33/SF
NOI
$60.1K $7.51/SF
Area
Chautauqua County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,600
Cap Rate 7%
$858,286
Cap Rate 9%
$667,556
Alternative Uses
Best Use
Retail
$1.40M
$1.23M – $1.64M
NOI $98,179 @ 7.0% cap · market cap 13.09%
Second Best
Warehouse
$858.3K
$751.0K – $1.00M
NOI $60,080 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$2.39M
$2.10M – $2.79M
NOI $167,616 @ 7.0% cap · market cap 22.35%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 14048, NY
15,062
Population
7,506
Households
2
Avg Household Size
42
Median Age
18%
College-Educated
87%
High-School Grad
23.0 sq mi
ZIP Area
655
Density / Sq Mi
$52,971
Median Household Income
$34,200
Median Earnings
$905
Median Rent
$98,400
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Automotive property - Auto garage/truck terminal on 10 acres near Dunkirk and Fredonia.
Where is this automotive property located?
The property is located at 4849 W Lake Rd Dunkirk, NY.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Ideal location between Dunkirk and Fredonia with easy access to NYS Thruway I‑90 and Route 20.; 10 +/- acres with ample parking, land, and 360‑degree driving access.; Warehouse with drive‑thru bays, multiple lifts, and a pit/trench for vehicle work.**
