Property profile

111 Sheldon Ave Lancaster, NY 14086

OFF-MARKET
Warehouses
Property ID
US63-4619540
15,030 SF 1.2 ac lot Built 1952
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Lancaster, NY office space at 111 Sheldon Ave, 1st Floor, offers a diverse range of solutions for businesses of all sizes. Located in Erie County, this property provides flexible options including traditional office suites, executive offices, coworking spaces, medical offices, and creative office layouts. The space caters to various needs, from single-person offices to large corporate setups, with customizable solutions ranging from one to over 100 desks. Options include fully furnished and equipped private offices, tailored to specific requirements, offering serviced, custom, disaster recovery, and day office spaces. Coworking areas provide shared office or open-plan environments, allowing for both daily reservations and hot-desking. A comprehensive suite of meeting rooms is available, accommodating informal chats to formal presentations and conferences. Virtual office options are also provided, including prime business addresses, mail handling, and virtual assistant services, with varying levels of office access included. Flexible working plans offer access to a global network of workspaces, providing options for 5, 10, or unlimited days of access per month to private offices or coworking spaces. This location provides a professional, inspiring, and collaborative work environment, complete with a benefits program featuring exclusive discounts and procurement support. The property is ideally situated in Lancaster, NY, offering convenient access to local amenities and transportation.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1952
Total area 15,030 SF
Lot 1.2 ac (52,272 SF)
APN 145203 104.11-10-8
UPID US63-4619540

Cap rate & NOI

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

Location

111 Sheldon Ave Lancaster, NY 14086
Lancaster metro Census 14400 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

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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