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    2317 Bowen Rd Elma Center, NY 14059

    Sponsored
    For Lease
    Contact for pricing

    New Retail Space, Build-to-Suit, 2 Acres

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Elma Plaza offers an exceptional opportunity for businesses seeking a brand-new, Class A retail or special purpose space. This single-story, 10,000 square foot building, situated on a 2-acre lot, is currently entirely vacant and available for lease. Construction is scheduled to begin in Spring 2023, with completion and occupancy anticipated for Summer 2023. The property boasts flexible build-to-suit options, accommodating spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 10,000 square feet. The building is powered by electricity and is zoned for Commercial, Retail, and Office uses. Its convenient location, near Bullis Street, makes it highly accessible. This is a unique chance to secure a modern, adaptable space in a desirable location, perfectly suited for a variety of retail or special purpose businesses. Don't miss this opportunity to establish your presence in this newly constructed, high-quality building. Contact us today to reserve your space.

    Property Features for 2317 Bowen Rd

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Class
    A

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    10,000 SF

    HighLights

    • Build‑to‑suit retail space up to 10,000 SF; construction begins Spring 2023, completion Summer 2023.
    • 10,000 SF total building area on a 2‑acre lot.
    • Class A, single‑story building, built in 2023.
    • Multiple suites available, minimum 1,200 SF, maximum contiguous 10,000 SF.
    • Currently 10,000 SF vacant.
    • Located near Bullis Street, zoned Commercial, Retail, and Office.
    Property Profile Location Intelligence

    Current Use by Public Records

    Elma Village Shopping ... Business Center FedEx Drop Box Mailing Service Jennifer Cole Pharmacy Deanna Macie Pharmacy Cy's Elma Pharmacy Pharmacy

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elma Center
    County
    Erie
    State
    New York
    Longitude
    -78.63284445494
    Latitude
    42.790122066841

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    FAQs

    What type of property is this?
    Specialty property - New Retail Space, Build-to-Suit, 2 Acres
    Where is this specialty property located?
    The property is located at 2317 Bowen Rd Elma Center, NY.
    What are key features of this property?
    This property features: Build-to-suit retail space up to 10,000 SF; construction begins Spring 2023, completion Summer 2023.; 10,000 SF total building area on a 2-acre lot.; Class A, single-story building, built in 2023.
    Request Owner's contact information
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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
    2317 Bowen Rd Elma Center, NY 14059
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