Flex Space with High-Bay
New
For Sale
$1,600,000
5727 South Park, Hamburg, NY 14075
The property pairs warehouse capacity with retail, office, and counter areas.
Property Size22,450 SF
Lot Size1.30 Acres
Price / SF$71.27
Days on Market3
Property Features for 5727 South Park
General Information
Standard status
Active
Size
22,450 SF
Lot size
1.30 Acres
Zoning
C-2
Site & Location
Corner Location
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
18.6 ft
Warehouse Space
15,500 SF
Drive-In Doors
3
Three-Phase Power
Yes
Building Details
Construction
brick
Listing Agency:
Hanna Commercial
(716) 856-7107
Listed By:
David Doerr · License #10301218669
(716) 208-9514
Source:
Nicholcityrealty
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 2:10AM
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
Investment Insights
Based on property information with market context.
This flex property includes 15,500 square feet of high-bay space with 18.6-foot height, alongside 7,000 square feet configured for retail, offices, and counter service. The building has brick construction and a metal high-bay addition completed in 1995. Three grade-level doors and three-phase power support its functional layout.
The 1.3-acre site has 200 feet of frontage on South Park Ave. and occupies a corner near Quinby Drive and the Fairgrounds. C-2 General Commercial zoning applies.
The 1.3-acre site has 200 feet of frontage on South Park Ave. and occupies a corner near Quinby Drive and the Fairgrounds. C-2 General Commercial zoning applies.
Key Highlights
- 15,500 square feet of high‑bay space with 18.6‑foot height
- 7,000 square feet allocated to retail, offices, and counter area
- 1.3‑acre site with 200 feet of frontage on South Park Ave.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,068
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,581,360
$2.6M
Cap Rate 7%
$1,843,829
$1.8M
Cap Rate 9%
$1,434,089
$1.4M
Market Conditions
NOI Build-Up for 22,450 SF
Gross rent
$212.8K $9.48/SF
− Vacancy
−$14.3K −$0.64/SF
EGI
$198.6K $8.84/SF
− OpEx
−$69.5K −$3.10/SF
NOI
$129.1K $5.75/SF
Area
Erie County, NY
Vacancy
6.70%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,581,360
Cap Rate 7%
$1,843,829
Cap Rate 9%
$1,434,089
Alternative Uses
Best Use
Retail
$2.88M
$2.52M – $3.36M
NOI $201,856 @ 7.0% cap · market cap 12.62%
Second Best
Flex RnD
$1.84M
$1.61M – $2.15M
NOI $129,068 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$4.91M
$4.29M – $5.73M
NOI $343,539 @ 7.0% cap · market cap 21.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
18 ft
Clear height
3
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Under-served
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - The property pairs warehouse capacity with retail, office, and counter areas.
Where is this flex space located?
The property is located at 5727 South Park Hamburg, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 15,500 square feet of high‑bay space with 18.6‑foot height; 7,000 square feet allocated to retail, offices, and counter area; 1.3‑acre site with 200 feet of frontage on South Park Ave.
