24 Anderson Rd Buffalo, NY 14225
- Warehouses
- 25,200 SF
- 1.05 lot acres
Current Use by Public Records
- Warehouses
Property Details for 24 Anderson Rd
- Year built
- 1961
- Lot size
- 1.05 lot acres
- Property size
- 25,200 SF
- Zone code
- 05C
- Property type
- Warehouses
- APN
- 143089 102.03-2-29
- APU
- 14308910203229
Description
This exceptional industrial property, located at 24 Anderson Road in Buffalo, NY, presents a compelling investment opportunity. The 25,200 square foot building sits on a 1.05-acre lot and is priced at $1,100,000, or $43.65 per square foot. Constructed in 1975, this vacant building offers versatile space suitable for distribution, manufacturing, or warehousing operations. Its strategic location directly off the Walden exit of the New York State Thruway (I-90) ensures convenient access for employees and clients. The property features a well-designed layout including ample space for storage, a showroom area ideal for product display, air-conditioned offices providing a professional work environment, a conference room, restrooms, and an employee breakroom. The property's zoning and permitted uses should be independently verified. This is an excellent chance to acquire a substantial industrial space in a prime Buffalo location. The property is ready for immediate occupancy. All information is deemed reliable but not guaranteed.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,415,000
- 6.5%
- $1,295,000
- 7%
- $1,365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,180,000
- Geo Method
- $1,495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,310,000
- Retail
- $1,445,000
- Mixed-Use
- $1,390,000
- Hospitality
- $1,550,000
- Educational
- $1,430,000
- Residential Income
- $1,470,000
- Energy
- $1,440,000
- Income-Based Land
- $1,285,000
- Food Service
- $1,130,000
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.7722
- Latitude
- 42.9052
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA