Property profile

101 Lang Blvd Grand Island, NY 14072

OFF-MARKET
Office buildings
Property ID
US63-1347052
4,947 SF 1.18 ac lot Built 1987
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional executive office space, located at 101 Lang Blvd in Grand Island, NY, offers 1,700 square feet of immediately available space within a larger 4,947 square foot building. The property is classified as an Executive Office and Professional Office, ideal for businesses seeking a prestigious and functional workspace. The building features ample on-site parking, providing convenient access for employees and clients. The suite is part of a multi-tenant building, fostering a collaborative and professional environment. Situated in Erie County, this location offers easy access to major transportation routes, making commuting a breeze. The address is 101 Lang Blvd, Grand Island, NY 14072. This prime location provides a blend of convenience and professional appeal. The space is ready for immediate occupancy, allowing businesses to quickly establish their presence. With its generous square footage and ample parking, this property presents a compelling opportunity for businesses seeking a high-quality office environment in a desirable location. The 1,700 square feet provides flexibility for various office configurations to suit specific business needs. This is a rare opportunity to secure a well-located, spacious, and immediately available office suite in Grand Island.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Total area 4,947 SF
Lot 1.18 ac (51,401 SF)
Zoning code NBD
APN 144600 23.00-3-13.12
UPID US63-1347052

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

101 Lang Blvd Grand Island, NY 14072-1601
Grand Island metro Census 7303 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2023
Last sale
$400,000
2 recorded transactions
2023
$400,000
2021
$400,000

Zoning & alternative use

NBD · Grand Island, NY
Zoning description

General standards for reviewing Town Center Business Districts (NBD, CBD, SBD), B-3 and EED developments. Article XXV Special Use Permits § 407-114 Purpose. § 407-115 Application procedure. § 407-116 Findings. § 407-117…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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