45 Anderson Rd Buffalo, NY 14225
- Office buildings
- 10,094 SF
- 0.85 lot acres
Current Use by Public Records
- First Student Inc / Bus Charter / School Bus Service
Property Details for 45 Anderson Rd
- Year built
- 1952
- Lot size
- 0.85 lot acres
- Property size
- 10,094 SF
- Zone code
- 05C
- Property type
- Office buildings
- APN
- 143089 102.04-1-6.12
- APU
- 143089102041612
Description
This exceptional traditional office building, located at 45 Anderson Road in Buffalo, New York, presents a compelling investment opportunity. Boasting 11,808 square feet of well-maintained office space, this property sits on a sizable 0.85-acre lot and offers ample parking for employees and visitors. The building is conveniently situated near the intersection of Anderson Road and Walden Avenue, just east of Interstate 90, providing easy access to major transportation routes. Recent improvements include a new roof, ensuring long-term cost savings and peace of mind. The property also features a full kitchen and a robust 220, 3-phase power system, catering to a variety of business needs. Previously serving as the headquarters for First Student, this building offers a proven track record and established infrastructure. The asking price is $1,200,000, translating to a price per square foot of $101.63. Annual property taxes are $14,000. This property is ideal for a business seeking a substantial and well-equipped office space in a prime Buffalo location. The combination of size, location, and recent upgrades makes this a highly attractive investment prospect.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $290,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $275,000
- Mixed-Use
- $275,000
- Hospitality
- $260,000
- Educational
- $315,000
- Residential Income
- $245,000
- Energy
- $280,000
- Income-Based Land
- $310,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.771
- Latitude
- 42.9059
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA