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8565 Main Street, Clarence, NY 14221

Office space in a business district offers a flexible interior with support areas already in place.

Property Size4,315 SF
Price / SF$0.00
Days on Market92

Property Features for 8565 Main Street

General Information

Standard status Active
Size 4,315 SF
Property subtype CommercialLease
Listing Agency: Murchie Real Estate, LLC
Listed By: Nevin F Murchie · License #10491205832
Source: Nicholcityrealty
Added: Jul 17 Changed: Oct 8 Last Checked: Oct 16 at 8:23AM

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 Murchie Real Estate, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 4,315-square-foot office space provides a configurable interior for a future buildout. Existing features include a slate-floored entry, two restrooms, a break room with a sink, cabinets, and counter space, plus a storage room and coat closet.

The property is positioned within a business district at 8565 Main Street in Clarence, NY 14221, approximately 1.2 miles from Transit Road. Its existing support areas and open customization potential allow the next occupant to shape the workspace around its operational requirements.

Key Highlights

  • 4,315 square feet of office space
  • Slate floor entryway
  • Two restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,070
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,081,400 $1.1M
Cap Rate 7%
$772,429 $772.4K
Cap Rate 9%
$600,778 $600.8K
Market Conditions
NOI Build-Up for 4,315 SF
Gross rent
$88.0K $20.40/SF
− Vacancy
−$15.9K −$3.69/SF
EGI
$72.1K $16.71/SF
− OpEx
−$18.0K −$4.18/SF
NOI
$54.1K $12.53/SF
Area
Erie County, NY
Vacancy
18.10%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,081,400
Cap Rate 7%
$772,429
Cap Rate 9%
$600,778

Alternative Uses

Best Use
Office B
$772.4K
$675.9K – $901.2K (±1% cap)
NOI $54,070 @ 7.0% cap · market cap 300,388.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$943.3K
$825.4K – $1.10M (±1% cap)
NOI $66,030 @ 7.0% cap · market cap 366,833.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Pharmacy Furniture & Home Goods Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store

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

255
Businesses Nearby

Demographics for 14221, NY

55,275
Population
25,281
Households
2.2
Avg Household Size
48
Median Age
57%
College-Educated
96%
High-School Grad
23.4 sq mi
ZIP Area
2,362
Density / Sq Mi
$101,275
Median Household Income
$58,665
Median Earnings
$1,560
Median Rent
$298,500
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

Frequently Asked Questions

What type of property is this?
Office units - Office space in a business district offers a flexible interior with support areas already in place.
Where is this office units located?
The property is located at 8565 Main Street Clarence, NY.
What are key features of this property?
This property features: 4,315 square feet of office space; Slate floor entryway; Two restrooms
More about this property
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