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    145 Empire Dr Buffalo, NY 14224

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    For Sale
    Contact for pricing

    71,000 SF Warehouse, Excellent Location

    Property size:
    71,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 71,000-square-foot industrial building presents a rare opportunity in Buffalo, NY. Located on a 5.02-acre lot in a convenient industrial park with ample on-site parking and nearby amenities, this Class B property offers significant advantages. The building features 18-foot clear ceilings, providing ample vertical space for storage and operations. Loading and unloading are facilitated by four truck doors, two of which are interior, and two grade-level doors. A substantial 7,000+ square-foot office space is included, ideal for administrative functions or executive offices. The property boasts a newer roof covering 55% of the building and a newer generator, ensuring operational efficiency and reliability. The M-1 zoning permits a wide range of industrial uses, including distribution, light assembly, or use as a headquarters. Furthermore, there's significant expansion potential, with room to add nearly 60,000 additional square feet. The strategic location, with easy access via a signalized intersection at Union Road, provides excellent connectivity and accessibility. This vacant property is available for a net lease and represents a compelling investment opportunity for businesses seeking a substantial and well-equipped industrial space in a thriving area. The property is situated at 145 Empire Dr, Buffalo, NY 14224.

    Property Features for 145 Empire Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    71,000 SF
    Class
    B
    Lot Size
    218,671 SF

    Building Details

    Buildings
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon 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
    -78.761155535555
    Latitude
    42.861098891563

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    FAQs

    What type of property is this?
    Distribution property - 71,000 SF Warehouse, Excellent Location
    Where is this distribution property located?
    The property is located at 145 Empire Dr Buffalo, NY.
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    145 Empire Dr Buffalo, NY 14224
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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
    145 Empire Dr Buffalo, NY 14224
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