36 Abbott RdBuffalo, NY 14220

  • Mixed-use properties
  • 4,232 SF
For Lease
$12/SF/YR View listing

Property Details for 36 Abbott Rd

Year built
1925
Lot size
0.13 AC
Property size (Sq ft)
4,232 SF
Zone code
N-3C
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
140200 123.70-2-28.2
APU
140200123702282

Description

This exceptional 5,000-square-foot executive office building at 36 Abbott Rd in Buffalo, NY, presents a unique leasing opportunity. Located in Erie County, this property offers flexible space options, perfect for a variety of businesses. The entire building is currently vacant and available for lease, providing a rare chance to occupy a substantial, single-tenant space. Alternatively, the space can be divided to accommodate multiple tenants, with a minimum leasable area of 1,200 square feet. The maximum contiguous space available is 5,000 square feet, allowing for significant customization to suit specific business needs. The building's classification includes both retail and office space, offering versatility in its potential uses. This prime location in Buffalo, NY (zip code 14220) provides excellent accessibility and visibility, making it an ideal choice for businesses seeking a prominent presence in the area. The property's address is 36 Abbott Rd, offering a convenient and easily identifiable location. The building consists of a single suite, currently entirely vacant and ready for immediate occupancy. This presents a blank canvas for a business to design and implement its ideal workspace. Inquire today to learn more about this exceptional opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $951,948
    6.5%
    $878,721
    7%
    $815,955
  • Comparable approach

    Method
    Valuation
    Relative Method
    $627,559
    Geo Method
    $412,664
  • Alternative Use

    Use
    Valuation
    Residential
    $878,721
    Hospitality
    $804,904
    Educational
    $669,670
    Medical
    $692,702
    Retail
    $1,041,710
36 Abbott Rd, Buffalo, New York
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Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.857
Longitude
-78.8276
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$135
$13,100
$12,900
$26,000
-
$18,714
$18,429
$37,143

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