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    300 Commerce Dr Lackawanna, NY 14218

    Sponsored
    For Lease
    $2 SF/Yr

    Massive warehouse, 31 acres, ideal for industrial use.

    Lot size:
    253,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 300 Commerce Drive in Lackawanna, New York, presents a significant opportunity. The property encompasses 31 acres of fenced land and features two separate buildings totaling 253,000 square feet of warehouse space, all currently vacant. Both buildings boast heavy industrial power capabilities, making them suitable for a wide range of industrial operations. Ceiling heights range impressively from 214 feet to 40 feet, providing ample vertical space. The property also includes substantial heavy floor loads, dedicated shipping and receiving areas, and a 6,000 square foot office space complete with men's and women's locker rooms. Built in 2000, the property is zoned NYS Empire Development, offering potential economic incentives. The location in Erie County, New York, with a zip code of 14218, provides convenient access to major transportation routes. This expansive, single-tenant property is ready for immediate occupancy and presents a unique opportunity for a large-scale industrial operation seeking a substantial and well-equipped facility. The property's size, features, and zoning designation make it an attractive investment for businesses seeking a strategic location in Western New York.

    Property Features for 300 Commerce Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    253,000 SF
    Total Rate
    57979.17

    Building Details

    Year Built
    2000
    Buildings
    2

    Unit(s) available at that property

    Space
    Space Available
    Size
    253,000 SF
    Rate per SF
    $3

    HighLights

    • 6,000 square feet of office space.
    • High‑end finishes throughout.
    • Prime location in a vibrant downtown area.
    • Abundant natural light.
    • Modern HVAC system.
    • Easy access to public transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Used Warehouse Equipment Warehouse US Glove Supply ... Medical Equipment Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lackawanna
    County
    Erie
    State
    New York
    Longitude
    -78.8426459
    Latitude
    42.8310736

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    FAQs

    What type of property is this?
    Distribution property - Massive warehouse, 31 acres, ideal for industrial use.
    Where is this distribution property located?
    The property is located at 300 Commerce Dr Lackawanna, NY.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 6,000 square feet of office space.; High-end finishes throughout.; Prime location in a vibrant downtown area.
    Request Owner's contact information
    300 Commerce Dr Lackawanna, NY 14218
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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
    300 Commerce Dr Lackawanna, NY 14218
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