Financial
Distress signals
Property profile

170 East Ave Lockport, NY 14094

FOR LEASE
Office buildings
Property ID
US63-3176844
5,921 SF 0.45 ac lot Built 1958
Last sale Oct 2022 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-story office building includes a mix of enclosed private offices and an open bull pen area, supporting both private office work and shared open-area collaboration. The interior is configured to accommodate multiple office settings within the same facility. The property is situated on approximately 45% of an acre and features an on-site parking lot designed to accommodate approximately 24 vehicles. It has updated LED lighting and features an HVAC system that had been fully replaced.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$365k
Assessed land$48k
Assessed improvement$318k

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$305k
NOI build-up
Gross scheduled income$128k
Vacancy & credit loss−$16k
Operating expenses−$28k
NOI · 837,380.00% cap applied$84k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$68/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$33 – $101
Qualifying comparables4

Cap rate analysis

How does the asset earn?
837,380.00%
$84k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R3
JurisdictionNIAGARA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency16.0
Dental Office13.8
Parking Facility12.1

Location

170 East Ave Lockport, NY 14094
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
929 Lincoln, Lockport, NY 14094-6142 $137,000 Feb 2025 3,520 SF
5842 Snyder, Lockport, NY 14094-9497 $1,917,500 Jun 2024 3,924 SF
170 Professional, Lockport, NY 14094-5368 $903,826 Aug 2023 3,616 SF
70 Professional, Lockport, NY 14094-5366 $290,000 May 2022 3,167 SF
139 Professional, Lockport, NY 14094-5369 $209,000 Apr 2022 3,600 SF
5883 Snyder, Lockport, NY 14094-9497 $335,000 Oct 2021 3,280 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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