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    140 Professional Pkwy Lockport, NY 14094

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    For Sale
    Contact for pricing

    Vacant Executive/Medical Office, 3407 SF

    Property size:
    3,407 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 3,407 square foot vacant office building, located at 140 Professional Parkway in Lockport, NY, is part of a 19-building office park. The single-story, Class B building features an open reception area, six oversized executive offices, open space, kitchen, storage, and restrooms. It boasts ample natural light and convenient rear parking. The building is situated on a one-acre lot and is one of nineteen similar buildings ranging from 2,400 to 12,200 square feet, each available for sale or lease separately. The buildings are wood-frame with brick exteriors, and most are suitable for multiple tenants, with suite sizes ranging from 600 to 12,200 square feet. The entire complex offers multiple access points and ample parking. This prime location is conveniently situated near Lincoln Avenue and Davison Road, 1.5 miles east of Transit Road (Route 78), and one mile south of Lockport Memorial Hospital. It provides easy access to downtown Lockport and numerous retail stores, restaurants, and hotels. The property is zoned commercial and was built in 2002. The sale price is $56.00 per square foot, and the lease price is $6.00 per square foot, NNN. The property is ideal for medical or professional businesses.

    Property Features for 140 Professional Pkwy

    General Information

    Property type
    Medical offices
    Square Feet
    3,407 SF
    Class
    B
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2002
    Buildings
    19
    Stories
    1

    HighLights

    • Multiple buildings available, ranging from 2,400 to 12,200 square feet.
    • Executive office layout ideal for medical or professional businesses.
    • Other buildings in this park are also available for sale or lease.
    • 19‑building office park situated on 9.79 acres.
    • Each building is sold or leased separately with its own tax parcel ID.
    • Buildings range from 2,400 to 12,200 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Niagara
    State
    New York
    Longitude
    -78.6632318
    Latitude
    43.1563405

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    FAQs

    What type of property is this?
    Medical office - Vacant Executive/Medical Office, 3407 SF
    Where is this medical office located?
    The property is located at 140 Professional Pkwy Lockport, NY.
    What are key features of this property?
    This property features: Multiple buildings available, ranging from 2,400 to 12,200 square feet.; Executive office layout ideal for medical or professional businesses.; Other buildings in this park are also available for sale or lease.
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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
    140 Professional Pkwy Lockport, NY 14094
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