Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10995 Main St Clarence, NY 14031

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Clarence Hollow Retail/Office Opportunity

    Lot size:
    3,796 SF

    Property Features for 10995 Main St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,796 SF

    Spaces For Lease

    at 10995 Main St, Clarence, NY 14031 Contact us
    Unit Available Space 1

    $15 /Mo

    Size
    3,796 SF
    Contact us

    We can help!

    Listing Contact
    Nick Giammusso
    Nick Giammusso

    Listing Agent: Nick Giammusso

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 3,796 square foot commercial space, located at 10995 Main St in Clarence Hollow, Erie County, presents a unique opportunity for a variety of businesses. Currently configured as a single unit, this adaptable space can be easily divided into two 1,900 square foot units via an existing demising wall. The high ceilings (11 feet) and expansive layout (approximately 52' x 73') offer significant flexibility for retail, medical office, storage, or other small business uses. The property boasts excellent visibility on Main Street, situated between Salt Road and The Great Pumpkin Farm, ensuring high traffic and exposure. Ample parking is available on a paved lot accommodating 30+ vehicles. The building's location offers convenient access for both employees and customers. This property is ideal for businesses seeking a prominent location with significant space and parking in a thriving community. The space is available for lease and is ready for immediate occupancy. Owners are readily available on-site. Contact us today to schedule a viewing and explore the possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Picone Construction Corporation Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarence
    County
    Erie
    State
    New York
    Longitude
    -78.5776725
    Latitude
    42.9812729

    Nearby Similar for Lease

    • Contact for pricing
      12,782 SF

      Former Retail Space with Drive-Thru

      Available retail space with drive-thru, high ceilings, and ample parking.
      9160 Main St, Clarence, NY 14031
      View Details
    • Contact for pricing

      Prime Retail/Office Space Available

      High-visibility retail or office space in Clarence business district.
      9142 Main St, Clarence, NY 14031
      View Details
    • Contact for pricing
      6,245 SF

      Main Street Retail/Office Opportunity

      Up to 6,245 SF available on Main Street, Clarence, NY.
      9825 Main St, Clarence, NY 14031
      View Details
    • $12 SF/Yr
      32,000 SF

      Clarence Industrial Property: 32,000 SF

      Versatile Clarence, NY industrial space. 7,000 SF available.
      11450 Main St, Clarence, NY 14031
      View Details
    • Contact for pricing

      Transit Road Retail/Office Opportunity

      Renovated stand-alone building suitable for retail or office use.
      5375 Transit Rd, Clarence, NY 14031
      View Details
    • Contact for pricing

      Retail Space with Drive-Through

      1,250 SF retail space with drive-through and utilities included.
      10611 Main St, Clarence, NY 14031
      View Details
    • Contact for pricing
      5,768 SF

      Retail and Warehouse Space Available

      Open retail space with adjoining warehouse and redevelopment potential.
      5844 Goodrich Rd, Clarence, NY 14031
      View Details
    • Contact for pricing

      Flex Buildings Available For Lease

      Three flex buildings for lease, ideal for contractors and manufacturers.
      4098 Barton Rd, Clarence, NY 14031
      View Details
    • $1,100 /Mo
      4,128 SF

      Main Street Commercial Rental Opportunity

      Flexible commercial space in Clarence Hollow with excellent visibility and access.
      10589 Main St, Clarence, NY 14031
      View Details
    • $15 SF/Yr
      12,036 SF

      Clarence Hollow Retail/Office Space

      Retail, medical, or office space in Clarence Hollow.
      10995 Main St, Clarence, NY 14031
      View Details
    • Contact for pricing
      12,782 SF

      Former Retail Space Available

      Former retail space for lease or redevelopment on 2.569 acres.
      9160 Main St, Clarence, NY 14031
      View Details
    • $15 SF/Yr

      Main Street Office Space Available

      Office space for rent in Clarence, NY, up to 4,000 SF.
      9276 Main St, Clarence, NY 14031
      View Details

    FAQs

    What type of property is this?
    Medical office - Clarence Hollow Retail/Office Opportunity
    Where is this medical office located?
    The property is located at 10995 Main St Clarence, NY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 10995 Main St, Erie County, NY: Retail/Office space for lease.; 3,796 square feet available, divisible into two 1,900 sq ft units.; High visibility location on Main St in Clarence Hollow, near Picone Construction and The Great Pumpkin Farm.
    (716) 812-6333 Call to check price and availability
    Request Owner's contact information
    10995 Main St Clarence, NY 14031
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10995 Main St
    Clarence, NY 14031
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    10995 Main St Clarence, NY 14031
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nick Giammusso
    Nick Giammusso
    Real Estate License ID: 10401358378
    (716) 812-6333
    Learn more
    Google sign-in failed. Please try again or use another login method.