50 Franklin St Batavia, NY 14020
- Automotive properties
- 17,688 SF
- 2.20 lot acres
Current Use by Public Records
- A1 Sheet Metal / Sheet Metal Contractor
- Turnbull Heating & Air Conditioning / Heating Contractor / Air Conditioning Contractor
Property Details for 50 Franklin St
- Year built
- 1925
- Lot size
- 2.20 lot acres
- Property size
- 17,688 SF
- Property type
- Automotive properties
- APN
- 180200 84.014-2-2
- APU
- 1802008401422
Description
This exceptional 17,688-square-foot manufacturing facility at 50 Franklin Street, Batavia, NY, presents a rare investment opportunity. Built in 1925, this single-story building sits on a 2.2-acre lot (APN: 180200 84.014-2-2) and is zoned I-1. The property boasts ample fenced-in yard space, providing both privacy and security. Multiple access points, including numerous doors, overhead doors, and a loading dock, ensure efficient operations. The interior layout includes substantial office space and a spacious training room, offering flexibility for various business needs. Conveniently located minutes from the thruway, this property offers easy access to major transportation routes while maintaining a quiet, secluded setting. This owner-user investment is priced at $475,000 and represents a unique chance to acquire a well-established industrial space in a prime location. The building's configuration and substantial lot size make it ideal for a variety of manufacturing or industrial uses. Don't miss this opportunity to secure a highly functional and strategically located industrial property in Genesee County, New York. The property's features and location combine to offer a compelling investment proposition for businesses seeking expansion or relocation.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $385,000
- 6.5%
- $385,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $410,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $430,000
- Retail
- $345,000
- Mixed-Use
- $450,000
- Hospitality
- $450,000
- Educational
- $370,000
- Residential Income
- $375,000
- Energy
- $365,000
- Income-Based Land
- $420,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Batavia
- County
- Genesee
- State
- New York
- Longitude
- -78.1956
- Latitude
- 42.9961
- CBSA code
- 12860
- CBSA name
- BATAVIA, NY MICROPOLITAN STATISTICAL AREA
