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    27 Franklin St Springville, NY 14141

    Sponsored
    For Lease
    $14 SF/Yr

    8,000 SF Available in Springville, NY

    Lot size:
    18,589 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional medical office opportunity is located in the Spring Creek Professional Mall at 27 Franklin Street, Springville, NY, within Erie County. The property, a Class C building constructed in 1964, offers a total of 18,589 square feet, with 8,000 square feet currently vacant and available for lease. The space is ideal for a single tenant seeking a significant footprint in a well-established medical center. Suite sizes range from 1,000 to 5,000 square feet, with the potential for expansion up to the full 8,000 square feet of vacant space. This presents a unique chance to customize the space to meet specific operational needs. The property boasts abundant on-site parking, a significant advantage for both staff and patients. Its convenient location offers easy access to a variety of nearby retail and restaurant options, enhancing the overall convenience and appeal for employees and clients alike. This is a single-tenant occupancy building, providing a private and controlled environment. The property's existing infrastructure provides a solid foundation for a thriving medical practice. The opportunity to secure a substantial space in a well-situated medical center makes this a highly attractive proposition for medical professionals seeking to establish or expand their practice.

    Property Features for 27 Franklin St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,589 SF
    Class
    C
    Total Rate
    22461.71

    Building Details

    Year Built
    1964

    Unit(s) available at that property

    Space
    Available
    Size
    8,000 SF
    Rate per SF
    $14

    HighLights

    • 18,589 SF medical office building in Erie County.
    • Single‑tenant occupancy with 8,000 SF currently vacant.
    • Class C building constructed in 1964.
    • Available space ranges from 1,000 to 8,000 SF.
    • Ample on‑site parking and convenient to retail/restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nicholas Lloyd Cromwell Gynecologist Spectrum Human Services ... Mental Health Clinic Spring Creek Professional ... Medical Center Therapy Sports Rehab ... Physical Therapist Monica Balon General Practitioner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springville
    County
    Erie
    State
    New York
    Longitude
    -78.6640054
    Latitude
    42.509681

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Medical office - 8,000 SF Available in Springville, NY
    Where is this medical office located?
    The property is located at 27 Franklin St Springville, NY.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 18,589 SF medical office building in Erie County.; Single-tenant occupancy with 8,000 SF currently vacant.; Class C building constructed in 1964.
    Request Owner's contact information
    27 Franklin St Springville, NY 14141
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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
    27 Franklin St Springville, NY 14141
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