2825 Niagara Falls BlvdBuffalo, NY 14228

Property Details for 2825 Niagara Falls Blvd

Year built

1989

Lot size

4.20 AC

Property size (Sq ft)

41,988 SF

Property type

Office properties

Property subtype

Office buildings

APN

142289 26.03-2-21.1

APU

14228926032211

Description

Creekside Center, located at 2825 Niagara Falls Blvd, Buffalo, NY 14228, offers a prime medical office opportunity. This single-story building, constructed in 1989, boasts a total of 39,100 square feet, with 20,000 square feet currently available for lease. Situated on a 4.2-acre lot at a highly visible, lighted intersection of Niagara Falls Boulevard and Creekside Drive, the property benefits from 352 feet of frontage on Niagara Falls Boulevard and two prominent monument signs, ensuring excellent visibility and accessibility for tenants. The building features ample parking, with a ratio of 5 spaces per 1,000 square feet. The property is ideally situated within the Audubon Business Park, providing a convenient and professional environment. The multiple tenancy structure allows for flexibility and diverse occupancy. This is an exceptional opportunity to secure prominent medical office space in a thriving Buffalo location. The building's size and prominent location make it an ideal choice for a variety of medical practices seeking high visibility and convenient access. The substantial vacant space presents a unique opportunity for expansion or consolidation.

• CAP approach

  CAP return

  Valuation

  6%

  $7,616,684

  6.5%

  $7,030,785

  7%

  $6,528,586

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,016,984

  Geo Method

  $2,641,465

• Alternative Use

  Use

  Valuation

  Residential

  $8,718,173

  Hospitality

  $7,985,800

  Educational

  $6,644,092

  Medical

  $6,872,592

  Retail

  $10,335,254

Location Insight

City

Buffalo

County

Erie

State

New York

Latitude

43.0317

Longitude

-78.8211

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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