10880 Gowanda State Rd North Collins, NY 14111
- Auto shops
- 11,820 SF
- 5.50 lot acres
Current Use by Public Records
- Lauber Remodeling and Custom Woodwork / Remodeler
- Amish Valley Sheds LLC / Shed Builder
- Speedy's Storage LLC / Self-Storage Facility
- Dew Drop Plumbing / Contractor
- Joe's Tire & Auto Center Inc / Auto Repair Shop
Property Details for 10880 Gowanda State Rd
- Year built
- 1988
- Lot size
- 5.50 lot acres
- Property size
- 11,820 SF
- Property type
- Auto shops
- APN
- 145889 285.00-5-16.2
- APU
- 145889285005162
Description
This exceptional 8,000-square-foot warehouse, located at 10880 Gowanda State Road in North Collins, NY (Erie County), presents a rare opportunity. The property, a single-tenant building, boasts a desirable location with convenient access via Halley Road. Constructed in 1988 and extensively renovated in 2022, this industrial space offers a modern and efficient layout. The warehouse features a substantial 24-foot ceiling height, ideal for high-volume storage and distribution operations. Recent improvements include a new roof, new flooring, and two new Reznor heaters, ensuring optimal climate control. Two brand new overhead electric doors, measuring 14x14 and 14x16 feet, provide easy access for loading and unloading. The property is currently vacant and ready for immediate occupancy, making it perfect for businesses seeking a turnkey solution for warehousing, distribution, or storage needs. The property's classification is Industrial, with subtypes of Warehouse, Distribution, and Storage. The zip code is 14111. This meticulously maintained warehouse offers a combination of functionality and modern amenities, making it an attractive investment in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $695,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $850,000
- 6.5%
- $845,000
- 7%
- $830,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $830,000
- Geo Method
- $840,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $800,000
- Retail
- $685,000
- Mixed-Use
- $830,000
- Hospitality
- $885,000
- Educational
- $920,000
- Residential Income
- $795,000
- Energy
- $760,000
- Income-Based Land
- $915,000
- Food Service
- $790,000
Location Insight
- Map
- Local Demand
- City
- North Collins
- County
- Erie
- State
- New York
- Longitude
- -78.9425
- Latitude
- 42.5859
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA