Industrial Warehouse with Loading
New
For Sale
Contact for pricing
5699 Maelou Drive, Hamburg, NY 14075
The facility can accommodate a single occupant or separate users through two suite configurations.
Property Size15,000 SF
Price / SF$0.22
Days on Market2
Property Features for 5699 Maelou Drive
General Information
Standard status
Active
Size
15,000 SF
Zoning
M-2
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Listing Agency:
Hanna Commercial
(716) 856-7107
Listed By:
Richard Wadsworth · License #10401370901
(716) 239-5764
Source:
Nicholcityrealty
Added: Oct 30
Last Checked: Oct 30 at 2:13PM
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
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Investment Insights
Based on property information with market context.
The 15,000 SF industrial building is available as a single space or in suites of approximately 5,000 SF and 10,000 SF. Clear height reaches 26 feet at the eaves and 31 feet at the peak. Loading features include three dock-high doors with levelers and one 14-foot grade-level overhead door. The property is zoned M-2 Industrial.
The facility is located minutes from the New York State Thruway (I-90), providing regional highway access.
The facility is located minutes from the New York State Thruway (I-90), providing regional highway access.
Key Highlights
- 15,000 SF industrial/warehouse facility
- Available as one space or in suites of approximately 5,000 SF and 10,000 SF
- 26‑foot clear height at the eaves and 31 feet at the peak
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,832
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,316,640
$1.3M
Cap Rate 7%
$940,457
$940.5K
Cap Rate 9%
$731,467
$731.5K
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$100.8K $6.72/SF
− Vacancy
−$6.8K −$0.45/SF
EGI
$94.0K $6.27/SF
− OpEx
−$28.2K −$1.88/SF
NOI
$65.8K $4.39/SF
Area
Erie County, NY
Vacancy
6.70%
Lease Rate
$6.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,316,640
Cap Rate 7%
$940,457
Cap Rate 9%
$731,467
Alternative Uses
Best Use
Warehouse
$1.14M
$999.2K – $1.33M
NOI $79,939 @ 7.0% cap · market cap 2,413.62%
Second Best
Industrial
$940.5K
$822.9K – $1.10M
NOI $65,832 @ 7.0% cap · market cap 1,987.68%
Theoretical Best
Office A
$3.28M
$2.87M – $3.83M
NOI $229,536 @ 7.0% cap · market cap 6,930.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 14075, NY
44,053
Population
20,164
Households
2.2
Avg Household Size
46
Median Age
38%
College-Educated
96%
High-School Grad
39.4 sq mi
ZIP Area
1,118
Density / Sq Mi
$82,083
Median Household Income
$50,934
Median Earnings
$1,129
Median Rent
$246,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Great Lakes Record Storage — 5735 Maelou Dr, Hamburg, NY 14075
- North American Van Lines — S. 5735 Maelou Dr Suite 400, Hamburg, NY 14075
Frequently Asked Questions
What type of property is this?
Warehouse - The facility can accommodate a single occupant or separate users through two suite configurations.
Where is this warehouse located?
The property is located at 5699 Maelou Drive Hamburg, NY.
What are key features of this property?
This property features: 15,000 SF industrial/warehouse facility; Available as one space or in suites of approximately 5,000 SF and 10,000 SF; 26‑foot clear height at the eaves and 31 feet at the peak
