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Freestanding Office Building
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5895 Goodrich Rd, Clarence Center, NY 14032

Historic freestanding office building with parking for 30+ cars and rear patio deck for staff and meetings.

Property Size2,702 SF
Price / SF$295.71
Days on Market90

Property Features for 5895 Goodrich Rd

General Information

Standard status Active
Size 2,702 SF
Total Parking Spaces 30
Property subtype OFFICE

Additional Details

Business Included No

Amenities

conference room
kitchenette
patio deck
Listing Agency: Recckio Real Estate & Development
Listed By: Rick Recckio · License #31RE0821429
Source: Moodyscre
Added: May 4 Changed: Jul 28 Last Checked: Jul 31 at 1:14PM

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 & Development

Investment Insights

Based on property information with market context.

Historic freestanding office building offers space configured for four offices plus a conference room and kitchenette, along with an added rear patio deck. The property sits on a landscaped lot with parking for approximately 30+ vehicles.

Located in the Village of Clarence, the building is described as having high visibility with traffic count and favorable demographics in the surrounding area. Utilities and all CAM charges are included as part of the rent.

For professional firms seeking their own facility and a dedicated footprint in a centrally located setting, this property is presented as a turn-key option for viewing by appointment.

Key Highlights

  • Historic freestanding office building in the Village of Clarence
  • Parking for 30+/- cars on a large landscaped lot
  • Includes 4 offices plus a conference room and kitchenette

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 $55.1k $20.40
− Vacancy −$10.0k −$3.69
EGI $45.1k $16.71
− OpEx −$11.3k −$4.18
NOI $33.9k $12.53
2,702 SF · lease $20.40/SF/yr · vacancy 18.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$483.7K
$423.2K – $564.3K (±1% cap)
NOI $33,858 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$590.7K
$516.8K – $689.1K (±1% cap)
NOI $41,347 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Electrical Service Nail Salon HVAC Service

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

123
Businesses Nearby

Demographics for 14032, NY

9,368
Population
3,936
Households
2.4
Avg Household Size
43
Median Age
58%
College-Educated
96%
High-School Grad
23.9 sq mi
ZIP Area
392
Density / Sq Mi
$160,079
Median Household Income
$71,973
Median Earnings
$1,837
Median Rent
$483,500
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Historic freestanding office building with parking for 30+ cars and rear patio deck for staff and meetings.
Where is this office building located?
The property is located at 5895 Goodrich Rd Clarence Center, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Historic freestanding office building in the Village of Clarence; Parking for 30+/- cars on a large landscaped lot; Includes 4 offices plus a conference room and kitchenette
(716) 998-4422 Call to check price and availability
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