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Medical Office with Dental Buildout
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5862 Snyder Dr, Lockport, NY 14094

Spacious medical office includes a dental buildout with operatories, multiple reception areas, and secure employee access.

Property Size8,597 SF
Price / SF$127.95
Days on Market83

Property Features for 5862 Snyder Dr

General Information

Standard status Active
Size 8,597 SF
Property subtype OFFICE

Amenities

porte cochère
reception area with fireplace
saltwater aquarium
children's play room
key fob access
administrative area with four check-in/out windows
14 dental operatories
five private offices
dental lab and prep area
kitchenette
changing/laundry room
private employee restrooms
second floor/mezzanine storage
Listing Agency: CBRE | Buffalo
Listed By: Lida Eberz · License #10401387094
Source: Moodyscre
Added: May 11 Changed: Jul 23 Last Checked: Jul 23 at 12:15PM

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 spacious medical office totals 8,597 square feet and features a dedicated dental buildout throughout. Patient-facing areas include a porte cochère at the entry, a large reception area with fireplaces and saltwater aquariums, and a children’s play room. The configuration also includes 14 dental operatories, five private offices, a centrally located dental lab and prep area, and a large administrative area with four check-in/out windows. Practical support space is included with a kitchenette, changing/laundry room, and private employee restrooms. The building includes multiple secured employee entrances with key fob access.

A second floor/mezzanine provides additional storage and access to the building’s mechanicals.

The interior layout supports both patient services and staff operations, with dedicated areas for check-in/out, treatment, lab/prep, administration, and employee facilities.

Key Highlights

  • Spacious 8,597 SF medical office with a dental buildout near Lockport’s South Transit retail corridor
  • Patient entrance features a porte cochère leading to a large reception area with fireplaces, saltwater aquariums, and a children’s play room
  • Dental setup includes 14 dental operatories plus a centrally located dental lab and prep area

Financial Insights For Healthcare Medical

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 $123.8k $14.40
− Vacancy −$8.3k −$0.96
EGI $115.5k $13.44
− OpEx −$46.2k −$5.37
NOI $69.3k $8.06
8,597 SF · lease $14.40/SF/yr · vacancy 6.70% · expense 40.00%

Alternative Uses

Best Use
Office B
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,584 @ 7.0% cap · market cap 11.05%
Second Best
Healthcare Medical
$990.0K
$866.3K – $1.16M (±1% cap)
NOI $69,301 @ 7.0% cap · market cap 6.30%
Theoretical Best
Warehouse
$7.30M
$6.39M – $8.52M (±1% cap)
NOI $511,339 @ 7.0% cap · market cap 46.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Hess Michael D ... Dental Office Todd R Levine, ... Dental Office Hrab Kevin S ... Dental Office Dr. David Keller Dental Office Micoli Elizabeth A DDS Dental Office

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply HVAC Service Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby
Balanced
Demand for This Use

Demographics for 14094, NY

50,969
Population
23,283
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
121.7 sq mi
ZIP Area
419
Density / Sq Mi
$73,354
Median Household Income
$45,056
Median Earnings
$869
Median Rent
$186,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Spacious medical office includes a dental buildout with operatories, multiple reception areas, and secure employee access.
Where is this medical office space located?
The property is located at 5862 Snyder Dr Lockport, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Spacious 8,597 SF medical office with a dental buildout near Lockport’s South Transit retail corridor; Patient entrance features a porte cochère leading to a large reception area with fireplaces, saltwater aquariums, and a children’s play room; Dental setup includes 14 dental operatories plus a centrally located dental lab and prep area
(716) 912-2285 Call to check price and availability
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