Property profile

11668 Broadway St Alden, NY 14004

FOR LEASE
Warehouses
Property ID
US63-6201586
12,500 SF 2.71 ac lot Built 2023
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional, newly constructed Class A industrial warehouse in Erie County offers 15,000 square feet of versatile space, perfect for warehouse, distribution, or storage needs. The single-story building boasts a 16-foot ceiling height, providing ample vertical clearance for various uses. Twelve 14-foot-high drive-in doors ensure efficient loading and unloading, complemented by extensive paved parking surrounding the structure. The property sits on a generous 2.02-acre lot, providing significant space and visibility. Its prime corner location offers access from two roads, maximizing accessibility and exposure. The building is zoned for industrial use and features prominent pole signage on Broadway, enhancing its visibility and marketing potential. The space is divisible, offering flexible options from 1,250 square feet up to the full 15,000 square feet. Built in 2023, this property represents a rare opportunity to secure a modern, high-quality industrial space in a desirable location. The 294 feet of frontage and 279 feet of depth provide ample room for maneuvering and expansion. This is an ideal location for businesses seeking a functional and strategically positioned warehouse or distribution center.

Property profile

Verified
Property type Warehouses
Use group BULK STORAGE, TANKS
Year built 2023
Total area 12,500 SF
Lot 2.71 ac (118,048 SF)
Zoning code C-2
APN 142089 118.00-2-13.211
UPID US63-6201586

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
  • Renovation Specialist General Contractor

Location

11668 Broadway St Alden, NY 14004
Alden metro Census 14903 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2022
Last sale
$2,854
5 recorded transactions
2025
Price N/A
2022
Price N/A
2022
$2,854
2021
Price N/A
2007
$41,500

Zoning & alternative use

C-2 · Alden, NY
Zoning description

C-2 Commercial District. This district is to provide areas within the Town for commercial uses which will include various commercial uses conducted out-of-doors. A. Permitted principal uses are as follows: (1) As permitt…

General category INDUSTRIAL

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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