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    2060 Sheridan Dr Buffalo, NY 14223

    Sponsored
    For Lease
    $16 SF/Yr ($16,000 /Mo)

    12,000 SF Office, Sale/Lease

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,000-square-foot office building, situated on a 0.43-acre lot in Erie County, NY, presents a unique investment opportunity. The three-story Class B building boasts a convenient location at the corner of Sheridan Drive and Colvin Boulevard in Buffalo, NY 14223, offering easy access to major thoroughfares, including the New York State Thruway (I-290, exit 2), just 1.5 miles away. The property features 35-40 parking spaces with two curb cuts for convenient access, and is ADA accessible with a wheelchair ramp and designated parking. The interior comprises versatile space suitable for a single tenant or multiple occupants, including executive offices, conference rooms, a cafeteria, break room, printer room, storage, and a vault. The building's infrastructure includes an elevator and both north and south stairwells. The first, second, and sub-basement floors offer flexibility for various configurations. Its prime location provides proximity to the University at Buffalo (both North and South campuses), major retail centers on Niagara Falls Boulevard, the Village of Elmwood, and North Delaware Avenue, as well as numerous restaurants, grocery stores, and pharmacies within walking distance. Zoned for commercial use, this property is ideal for medical practices, engineering firms, or other businesses seeking a high-visibility location with ample space and amenities. The building is available for sale or lease.

    Property Features for 2060 Sheridan Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF
    Class
    B
    Total Rate
    16000

    Building Details

    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Size
    12,000 SF
    Rate per SF
    $16

    HighLights

    • 12,000 SF office building on a 0.43‑acre lot in Buffalo, NY.
    • Three‑story Class B building at Sheridan Drive & Colvin Boulevard, near I‑290.
    • 35‑40 parking spaces, ADA accessible with ramp and designated parking.
    • Versatile interior space suitable for single or multiple tenants, including executive offices, conference rooms, and amenities.
    • Elevator, two stairwells, and flexible floor plans across three levels.
    • Prime location near UB campuses, major retail, and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    NPTS Inc Engineering Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8574337
    Latitude
    42.981485

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    FAQs

    What type of property is this?
    Medical office - 12,000 SF Office, Sale/Lease
    Where is this medical office located?
    The property is located at 2060 Sheridan Dr Buffalo, NY.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 12,000 SF office building on a 0.43-acre lot in Buffalo, NY.; Three-story Class B building at Sheridan Drive & Colvin Boulevard, near I-290.; 35-40 parking spaces, ADA accessible with ramp and designated parking.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2060 Sheridan Dr Buffalo, NY 14223
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