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    125 Professional Pkwy Lockport, NY 14094

    For Lease
    Contact for pricing

    Multiple suites, prime Lockport location.

    Lot size:
    6,174 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a 6,174 square foot office park in Lockport, NY, comprised of nineteen single-story buildings situated on individual tax parcels. Built in 2002, the complex features a mix of executive, medical, and traditional office spaces, currently at approximately 50% occupancy. The buildings boast wood-frame construction with brick exteriors, asphalt shingle roofs, and either crawl spaces or full basements. Suite sizes range from a minimum of 848 square feet to a maximum of 12,300 square feet, catering to diverse tenant needs. Each building offers ample parking for employees and clients, and the entire complex benefits from multiple points of access. Lot sizes vary from 0.35 to 1.19 acres. The property's strategic location just north of Lincoln Avenue on Davison Road provides easy access to major roadways, including Transit Road, and is conveniently situated near Lockport Memorial Hospital and a wide array of retail amenities, restaurants, and hotels. Its proximity to Downtown Lockport, Niagara Falls (18 miles), and Buffalo (30 miles) further enhances its appeal. The seller is offering attractive financing options, including a potential three-month rent-free period with a two-year lease. This presents a unique opportunity to acquire a well-located, versatile office complex with significant upside potential. The property is zoned commercial and is ideal for a variety of professional uses.

    Property Features for 125 Professional Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,174 SF

    Building Details

    Year Built
    2002
    Buildings
    19
    Stories
    1

    Unit(s) available at that property

    Space
    125b
    Size
    848 SF

    HighLights

    • Three‑month rent‑free period with a two‑year lease.
    • 19 freestanding office buildings.
    • 9.79‑acre site.
    • Each building is on a separate tax parcel, allowing for individual sale or lease.
    • Buildings range from 2,400 to 12,200 square feet.
    • Buildings suitable for single or multiple tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brodsky Felice A Attorney YBF Productions Music Producer Swift & Swift, CPA's Certified Public Accountant

    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
    -78.6644712
    Latitude
    43.1568399

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    FAQs

    What type of property is this?
    Medical office - Multiple suites, prime Lockport location.
    Where is this medical office located?
    The property is located at 125 Professional Pkwy Lockport, NY.
    What are key features of this property?
    This property features: Three-month rent-free period with a two-year lease.; 19 freestanding office buildings.; 9.79-acre site.
    Request Owner's contact information
    125 Professional Pkwy Lockport, NY 14094
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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
    125 Professional Pkwy Lockport, NY 14094
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