6865 Erie Rd Derby, NY 14047
- Investment properties
- 4,072 SF
- 1.26 lot acres
Current Use by Public Records
- Super Freeze Drive In / Restaurant
- Super Freeze / Restaurant
- Stoned Cold Smoke Shop / Vaporizer Store / Tobacco Shop
Property Details for 6865 Erie Rd
- Year built
- 1948
- Lot size
- 1.26 lot acres
- Property size
- 4,072 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 144489 206.08-1-14
- APU
- 14448920608114
Description
This unique 625-square-foot creative office space, built in 2011, presents a rare opportunity in Derby, NY. Currently configured as a Texaco Station Diorama, this single-tenant property offers exceptional visibility and high foot traffic, boasting a location with over 14,000 vehicles passing daily. The building features two large garage doors, adaptable for various business needs – either maintaining access or converting to additional wall space. Natural light floods the interior through large windows, complemented by a covered patio area providing an inviting entrance. The monthly lease rate ranges from $500 to $700, contingent upon any necessary electrical modifications. This versatile space is ideal for businesses seeking high visibility, ample parking, and a strategic location within a bustling commercial zone. Whether used for storage, showcasing products, or establishing a prominent business presence, this property offers significant advantages for maximizing exposure and attracting customers. The property's adaptable design and prime location make it a compelling option for entrepreneurs and established businesses alike. Don't miss this chance to secure a space in Derby's thriving commercial heart.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $420,000
- 6.5%
- $415,000
- 7%
- $445,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $375,000
- Geo Method
- $430,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $435,000
- Mixed-Use
- $370,000
- Hospitality
- $335,000
- Educational
- $455,000
- Residential Income
- $425,000
- Energy
- $345,000
- Income-Based Land
- $390,000
- Food Service
- $335,000
Location Insight
- Map
- Local Demand
- City
- Derby
- County
- Erie
- State
- New York
- Longitude
- -78.9824
- Latitude
- 42.6999
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA