5225 Southwestern Blvd Hamburg, NY 14075
- Manufacturing properties
- 155,440 SF
- 17.33 lot acres
Current Use by Public Records
- All Seasons Storage / Rv Storage Facility / Self-Storage Facility
- Tax Help Associates / Tax Preparation Service
- Mattress & More / Mattress Store / Bedroom Furniture Store
- U-Haul Neighborhood Dealer / Van Rental Agency / Trailer Rental Service
- Shop & Save Carpets Plus / Flooring Store / Carpet Store
Property Details for 5225 Southwestern Blvd
- Year built
- 1965
- Lot size
- 17.33 lot acres
- Property size
- 155,440 SF
- Zone code
- M2
- Property type
- Manufacturing properties
- APN
- 144889 170.00-3-17.111
- APU
- 14488917000317111
Description
This exceptional industrial property, located at 5225 Southwestern Blvd in Hamburg, NY, presents a significant opportunity. The 65,000-square-foot building sits on a spacious 20.84-acre lot and is zoned for Industrial/Commercial use. Currently, 48,000 square feet of warehouse space is immediately available for lease. Built in 1965, the building features a 14-foot ceiling height, ideal for various storage and distribution needs. The property's classification includes both refrigerated/cold storage and general warehouse space, catering to a diverse range of potential tenants. The single-tenant occupancy offers flexibility and control. The building's location in Erie County, NY, provides easy access to major transportation routes, enhancing logistical efficiency. While the building's total square footage is 65,000 square feet, marketing materials mention a gross square footage of 203,440 square feet, which may reflect additional space or a previous configuration. Further clarification on this discrepancy is recommended. The property's existing tenants include Carpet Plus, Mattress & More of WNY, and Abasco, indicating a strong commercial presence in the immediate area. This property is an excellent investment for businesses seeking substantial warehouse or cold storage space in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $580,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $835,000
- 6.5%
- $800,000
- 7%
- $840,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $770,000
- Geo Method
- $855,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $665,000
- Retail
- $650,000
- Mixed-Use
- $605,000
- Hospitality
- $770,000
- Educational
- $665,000
- Residential Income
- $730,000
- Energy
- $595,000
- Income-Based Land
- $730,000
- Food Service
- $775,000
Location Insight
- Map
- Local Demand
- City
- Hamburg
- County
- Erie
- State
- New York
- Longitude
- -78.8599
- Latitude
- 42.7454
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
