Property profile

130 Professional Pkwy Lockport, NY 14094

OFF-MARKET
Office buildings
Property ID
US63-2323991
3,524 SF 0.35 ac lot Built 1996
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

130 Professional Parkway is a 3,463 +/- square foot, single-story office building located within a medical and professional office park complex in the City of Lockport, NY. The park comprises nineteen wood-frame buildings with brick exteriors and asphalt shingle roofs, configured with crawl spaces or full basements; some buildings share entrances among multiple tenants. Buildings within the complex range from approximately 2,400 +/- to 12,200 +/- square feet, with suite sizes varying from about 600 +/- square feet up to roughly 10,000 +/- square feet, and can be arranged for single-tenant or multi-tenant occupancy. Each building sits on its own tax parcel and is capable of being leased or sold separately. Lot sizes within the complex range from approximately 0.35 +/- acres to 1.19 +/- acres, and the overall park covers 9.79 +/- acres, with multiple access points and parking suitable for employees and clients. The property is positioned on Davison Road just north of Lincoln Avenue, about 1.5 miles east of Transit Road and one mile south of Lockport Memorial Hospital, with convenient access to downtown Lockport and nearby retail, dining, and hospitality options. The buildings are generally suited for professional uses such as medical practices, attorneys, and accountants.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Total area 3,524 SF
Lot 0.35 ac (15,246 SF)
Zoning code B4
APN 290900 123.08-4-15
UPID US63-2323991

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
  • Dental Office
  • Dental Office

Location

130 Professional Pkwy Lockport, NY 14094-5368
Lockport metro Census 23902 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2022
Last sale
$260,000
4 recorded transactions
2022
$260,000
2020
$11.6M
2015
Price N/A
2014
Price N/A

Zoning & alternative use

B4 · Lockport, NY

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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