Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    960 French Rd Cheektowaga, NY 14227
    Back to Search
    Property profile & analytics

    960 French Rd Cheektowaga, NY 14227

    View on Map
    • Warehouses
    • 56,820 SF
    • 5.49 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 960 French Rd

    Year built
    1968
    Lot size
    5.49 lot acres
    Property size
    56,820 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This expansive industrial property, located at 960 French Rd in Cheektowaga, NY, offers 56,820+ square feet of versatile warehouse space, perfect for a variety of uses. Built in 1968, the single-building property sits on a 5.49-acre lot and is zoned for light industrial use. The warehouse features a 14-foot ceiling height, multiple exterior and interior doors, and a convenient drive-in bay, enhancing operational efficiency. Ample paved parking is available, accommodating 50+ cars and a sizable truck fleet. The property also boasts excellent signage and accessibility, ensuring high visibility and convenient access for employees and clients. The interior layout includes office spaces on both the upper and lower levels, providing flexibility for various business needs. This property is ideal for trucking companies, light manufacturing operations, or medium-sized enterprises seeking a functional and adaptable workspace. The property is currently available for lease as a single-tenant occupancy, offering a unique opportunity to establish a significant presence in a prime location within Erie County. The property's size and features make it an excellent choice for businesses requiring substantial space and convenient access.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cheektowaga
    County
    Erie
    State
    New York
    Longitude
    -78.7171
    Latitude
    42.8684

    Comparable in this City

    • Value Estimation by Request
      56,820 SF

      960 French Rd

      Distribution properties • 56,820 SF
      960 French Rd, Cheektowaga, NY 14227
      View Details
    • Value Estimation by Request
      48,590 SF

      3852 Broadway

      Distribution properties • 48,590 SF
      3852 Broadway, Cheektowaga, NY 14227
      View Details
    • Value Estimation by Request
      127,675 SF

      40-60 Industrial Pkwy

      Distribution properties • 127,675 SF
      40-60 Industrial Pkwy, Cheektowaga, NY 14227
      View Details
    • Value Estimation by Request
      56,820 SF

      960 French Rd

      Distribution properties • 56,820 SF
      960 French Rd, Cheektowaga, NY 14227
      View Details
    • Value Estimation
      $4,585,000
      226,608 SF

      2775 Broadway St

      WAREHOUSE, STORAGE • 226,608 SF
      2775 Broadway St, Buffalo, NY 14227-1043
      View Details
    • Value Estimation
      $855,000
      26,210 SF

      3650 Broadway St

      WAREHOUSE, STORAGE • 26,210 SF
      3650 Broadway St, Buffalo, NY 14227-1125
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,000 SF

      19,000 SF Warehouse For Sale

      19,000 SF warehouse with high visibility and ample parking.
      3160 Union Rd, Cheektowaga, NY 14227
      View Details
    • Contact for pricing

      Industrial Property with Office Space

      Industrial and warehouse space with finished office and highway access.
      61 Innsbruck Dr, Cheektowaga, NY 14227
      View Details
    • $349,999
      Pending

      Cheektowaga Vacant Commercial Land

      4+ acre vacant land parcel ready for development.
      Broadway St, Cheektowaga, NY 14227
      View Details
    • $519,999
      6,119 SF

      Harlem Road Commercial Opportunity

      High-traffic location suitable for office, retail, or mixed-use redevelopment.
      1113- Harlem Rd, Buffalo, NY 14227
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      29,000 SF

      Cheektowaga Industrial Space For Lease

      Industrial space available in Cheektowaga, between Walden & William.
      3205 Broadway, Cheektowaga, NY 14227
      View Details
    • Contact for pricing

      Industrial Space with High Bay

      40,000 SF distribution space with 1,500 SF office.
      40-60 Industrial Pkwy, Cheektowaga, NY 14227
      View Details
    • Contact for pricing
      12,300 SF

      Retail/Warehouse Space on Union Road

      4,480 SF retail/warehouse space with high visibility.
      3230-3268 Union Rd, Cheektowaga, NY 14227
      View Details
    • $650,000

      Medical Building with Development Potential

      Partially leased medical building with developable lot on William Street.
      3083 William St, Cheektowaga, NY 14227
      View Details
    • $800 /Mo
      600 SF

      Commercial Space in Buffalo, NY

      Commercial space available for rent in Buffalo, New York.
      1109 Harlem Rd, Buffalo, NY 14227
      View Details
    Request Owner's contact information
    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.
    960 French Rd
    Cheektowaga, NY 14227
    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
    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

    Thank You for Inquiry
    960 French Rd, Cheektowaga, NY, 14227
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!