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    318 Urban St Buffalo, NY 14211

    For Sale
    Contact for pricing

    24,000 SF Warehouse, 2.5 Acres

    Property size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 24,000-square-foot warehouse, located at 318 Urban Street in Buffalo, NY, presents a compelling investment opportunity. Built in 1921 and situated on a 2.5-acre lot (454' x 194'), this property boasts a newly renovated exterior and roof, ensuring long-term durability. The warehouse features a fully gated yard with ample paved parking, providing secure and convenient access. Inside, discover a clear span layout of 180' x 60', complemented by impressive 30-foot ceilings (20 feet under the hook). Two 10-ton radio-controlled cranes, one in each bay, cover the entire building, enhancing operational efficiency. A dry sprinkler system ensures comprehensive fire protection, while an 800-amp service provides ample power. Access is facilitated by a grade-level door and a high 18' x 14' wide drive-in door. The property also includes 1,700 square feet of mezzanine office space, offering valuable administrative area. A climate control system maintains a comfortable interior environment. The seller is willing to consider a mortgage for a qualified buyer and is open to reasonable offers. The property is fully sprinklered and has the potential for adding a loading dock, further enhancing its functionality and appeal. This property is a rare find, combining substantial space, modern upgrades, and a prime location in Erie County.

    Property Features for 318 Urban St

    General Information

    Property type
    Distribution properties
    Square Feet
    24,000 SF
    Lot Size
    108,900 SF

    Building Details

    Year Built
    1921

    HighLights

    • Ample paved parking.
    • Fully fenced yard.
    • Two 10‑ton cranes.
    • 800‑amp electrical service.
    • 30‑foot ceiling height (20 feet under the hook).
    • Potential for adding loading docks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop 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
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8275123
    Latitude
    42.9096361

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    FAQs

    What type of property is this?
    Distribution property - 24,000 SF Warehouse, 2.5 Acres
    Where is this distribution property located?
    The property is located at 318 Urban St Buffalo, NY.
    What are key features of this property?
    This property features: Ample paved parking.; Fully fenced yard.; Two 10-ton cranes.
    Request Owner's contact information
    318 Urban St Buffalo, NY 14211
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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
    318 Urban St Buffalo, NY 14211
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