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Property profile & analytics

115 Professional Pkwy Lockport, NY 14094

  • Office buildings
  • 3,086 SF
  • 0.45 lot acres
Value Estimation
Last Sale
Mar 21, 2024
$100,295
Location Intelligence
Property ID
US63-3216135
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Dr. Lawrence E. Volland, DDS / Dentist
  • Volland Dental / Dentist

Property Details for 115 Professional Pkwy

Year built
1992
Lot size
0.45 lot acres
Property size
3,086 SF
Zone code
05 - COMMERCIAL
Property type
Office buildings
APN
290900 123.08-4-20
APU
29090012308420

Description

This single-story, 3,086 square-foot office building in Lockport, NY, presents a fantastic opportunity. Built in 2002, the property features two suites, each approximately 1,543 square feet, currently vacant and ready for immediate occupancy. The building boasts a wood-frame, brick exterior, asphalt shingle roof, and either a crawl space or full basement. The property is part of a larger 19-building complex, offering various suite sizes ranging from 600 to 10,000 square feet, and is zoned for commercial use. Each building sits on its own tax parcel and can be leased or sold individually. Lots range from 0.35 to 1.19 acres, providing ample space. The complex currently has approximately 50% occupancy, with a mix of medical and professional tenants. Located conveniently near Lincoln Avenue and Davison Road, this property offers easy access to major roadways, including Transit Road, and is within close proximity to Lockport Memorial Hospital and a wide array of retail amenities, restaurants, and hotels. Its central location in Niagara County, approximately 18 miles east of the Niagara Falls border and 30 miles from downtown Buffalo, provides excellent accessibility. Ample parking is available for employees and clients. Ideal for medical practices, legal firms, accounting offices, or other professional businesses.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $100,000
  • CAP approach

    CAP return
    Estimation
    6%
    $75,000
    6.5%
    $70,000
    7%
    $65,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $75,000
    Geo Method
    $80,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $75,000
    Retail
    $80,000
    Mixed-Use
    $85,000
    Hospitality
    $75,000
    Educational
    $85,000
    Residential Income
    $75,000
    Energy
    $75,000
    Income-Based Land
    $80,000
    Food Service
    $75,000

Location Insight

  • Map
  • Local Demand
City
Lockport
County
Niagara
State
New York
Longitude
-78.6641
Latitude
43.1569
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$32,500
$247,500
$280,000
-
$32,500
$247,500
$280,000
More about this property
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