8705 Sheridan Dr Buffalo, NY 14221
- Office buildings
- 11,512 SF
- 1.72 lot acres
Current Use by Public Records
- Enrich Marketing Inc / Marketing Agency
- Enrich Marketing / Marketing Agency
- Kenneth Kurtz P.T. / Physical Therapist
- Alvarez David F / Massage Therapist
- Vincent Prospero, MS / Physical Therapist
Property Details for 8705 Sheridan Dr
- Year built
- 1995
- Lot size
- 1.72 lot acres
- Property size
- 11,512 SF
- Property type
- Office buildings
- APN
- 143200 70.12-5-3.2
- APU
- 1432007012532
Description
This exceptional 11,512-square-foot Class A office building, located at 8705 Sheridan Drive in Williamsville, NY, presents a unique investment opportunity. Situated on a 1.72-acre lot, this single-story building, constructed in 1995, offers ample space for a variety of uses. Currently configured as executive and medical office space, the property is entirely vacant, providing flexibility for a new tenant or owner. The building features 60 paved parking spaces, catering to employee and client needs. Zoned for Restricted Business, the property allows for a wide range of uses, including medical, general office, and community facilities. The expansive lot offers potential for future expansion. Complete building plans are available for review. The property's location in Erie County, with easy access to Buffalo, makes it an attractive option for businesses seeking a prominent presence in a thriving community. The 14221 zip code provides excellent access to major transportation routes and amenities. This is a rare opportunity to acquire a well-maintained, versatile office building with significant upside potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $870,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $870,000
- 6.5%
- $855,000
- 7%
- $820,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $875,000
- Geo Method
- $880,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $750,000
- Retail
- $780,000
- Mixed-Use
- $820,000
- Hospitality
- $680,000
- Educational
- $670,000
- Residential Income
- $690,000
- Energy
- $695,000
- Income-Based Land
- $910,000
- Food Service
- $870,000
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.6682
- Latitude
- 42.9771
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
