7121 Rochester Rd Lockport, NY 14094
- Specialty properties
- 4,182 SF
- 0.83 lot acres
Current Use by Public Records
- Edward Jones / Financial Planner
Property Details for 7121 Rochester Rd
- Year built
- 1975
- Lot size
- 0.83 lot acres
- Property size
- 4,182 SF
- Property type
- Specialty properties
- APN
- 292600 110.01-2-78
- APU
- 29260011001278
Description
This exceptional commercial property located at 7121 Rochester Road in Lockport, New York presents a fantastic investment opportunity. The building offers a substantial 4,200 square feet of office space, ideal for a variety of businesses. Situated on a generous 1.45-acre lot, the property provides ample parking and potential for future expansion or outdoor amenities. The asking price of $205,000 represents significant value in the current market. The building's size and location make it suitable for a range of uses, from professional offices to light industrial operations. Its substantial lot size offers flexibility for future development or simply provides a comfortable buffer zone. The property is conveniently located in Lockport, NY, offering easy access to major transportation routes and local amenities. This is a rare opportunity to acquire a well-situated, spacious commercial building at an attractive price point. Serious inquiries are encouraged to explore the potential of this valuable asset. The property is ready for immediate occupancy, allowing for a quick start to operations. Don't miss this chance to secure a prime commercial location in a thriving community. Further details and viewing arrangements can be made upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $355,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $305,000
- Mixed-Use
- $340,000
- Hospitality
- $280,000
- Educational
- $340,000
- Residential Income
- $305,000
- Energy
- $335,000
- Income-Based Land
- $340,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Lockport
- County
- Niagara
- State
- New York
- Longitude
- -78.6438
- Latitude
- 43.1815
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA