592 Aero Dr, Buffalo, NY 14225
5,840 SF industrial building on a 3-acre lot.
- Added:
- Jul 1, 2021
- Days on Market:
- 1806
- Last Refresh:
- May 19 at 8:39 pm
Property Features for 592 Aero Dr
General Information
- Standard status
- Active
- Size
- 5,840 SF
- Lot size
- 3.00 Acres
- Property subtype
- Industrial
Listing agent Howard Saperston License #NY 31SA0006629
Listing office Saperston Real Estate Corporation
Listing date Jul 1, 2021
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Saperston Real Estate Corporation
HighLights
- 5,840 sf building on 3 acres of land zoned Industrial
- Clear span construction with 18' clearance
- Two 14' ft. doors for easy access
- 220 3 phase power
- Includes 2,000 sf of office space
- Equipped with oil and water separator and 6" floor drains
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.6k | $10.20 |
| − Vacancy | −$1.1k | −$0.19 |
| EGI | $58.4k | $10.01 |
| − OpEx | −$8.8k | −$1.50 |
| NOI | $49.7k | $8.51 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Eaton Office Supply Co., Inc. — 55 amherst villa rd, buffalo, ny 14225
- Mr. Bill's Storage — 385 Lawrence Bell Dr, Williamsville, NY 14221
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.717658
- Latitude
- 42.941333
