Two-Story Medical Office
825 Wehrle Dr, Williamsville, NY 14221
Two-story medical office building for sale in Amherst, NY.
Type:Office
Property size:
11,822 SFPrice / SF:
$156/SF- Added:
- Nov 20, 2023
- Days on Market:
- 926
- Last Refresh:
- May 12 at 9:40 pm
Property Features for 825 Wehrle Dr
General Information
- Standard status
- Active
- Size
- 11,822 SF
- Property subtype
- Office
Listing agent Richard J. Schechter License #NY 30SC0879149
Listing office Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
Listing date Nov 20, 2023
Source Crexi
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 Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
HighLights
- Class A medical space featuring multiple exam rooms, offices, reception/waiting area, conference rooms, and a business center.
- Ample on‑site parking with room to expand.
- Superb Thruway and Expressway access.
- Easily accessible with multiple points of ingress/egress.
- Strong demographics and traffic counts.
- Ideal for medical practice or professional office users.
Overview
This two-story medical office building is available for sale in Amherst, NY. The Class A medical space features multiple exam rooms, offices, a reception/waiting area, conference rooms, and a business center. Ample on-site parking is available, with room to expand into the adjacent parcel. The property is easily accessible with multiple points of ingress/egress and offers superb access to the Thruway and Expressway. Major retail centers and national restaurants are located nearby. The property benefits from strong demographics and traffic counts. It is ideal for a medical practice or any professional office user seeking high exposure. The building has a property size of 11822 square feet.
Local 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 | $241.2k | $20.40 |
| − Vacancy | −$44.6k | −$3.77 |
| EGI | $196.6k | $16.63 |
| − OpEx | −$49.1k | −$4.16 |
| NOI | $147.4k | $12.47 |
11,822 SF · lease $20.40/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.11M
$1.84M – $2.46M
NOI $147,414 @ 7.0% cap · market cap 7.99%
Second Best
Healthcare Medical
$2.01M
$1.76M – $2.35M
NOI $140,956 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M
NOI $199,007 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Ocampos Deolindo MD
Physician
Nadeem U. Haq, ...
Physician
Stern Gary R ...
Physician
Mark R. Jajkowski, ...
Physician
Dalvir Gill, MD
Physician
Location Insight
- Map
- Local Demand
- City
- Williamsville
- County
- Erie
- State
- New York
- Longitude
- -78.75253
- Latitude
- 42.949135
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Two-story medical office building for sale in Amherst, NY.
Where is this medical office space located?
The property is located at 825 Wehrle Dr Williamsville, NY.
What is the asking price?
The asking price for this property is $1,845,000.
What are key features of this property?
This property features: Class A medical space featuring multiple exam rooms, offices, reception/waiting area, conference rooms, and a business center.; Ample on‑site parking with room to expand.; Superb Thruway and Expressway access.
