Property profile

132 Dingens St Buffalo, NY 14206

OFF-MARKET
Warehouses
Property ID
US63-0051557
3,520 SF 13.22 ac lot Built 1974
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This state-of-the-art, Class A industrial warehouse, built in 2023, offers 80,940 square feet of versatile space in Buffalo, NY. Located at 132 Dingens St, this single-tenant property sits on a 13.21-acre lot and is zoned D-IL (Light Industrial), offering convenient access to Route 190 and the Peace Bridge. The building features a 35-foot clear ceiling height, eight loading docks with eight dock-high doors, and one drive-in door. Power is supplied at 800 amps/480 volts. The warehouse is equipped with ESFR sprinklers, LED lighting, a fob access system, and interior and exterior cameras. The property is divisible into three suites with minimum divisible space of 25,000 square feet, offering flexibility for various business needs. Potential tenants can benefit from brownfield tax credits applicable to racking and production equipment. The triple net lease rate is $9.00 per square foot, with expenses at $1.30 per square foot. This exceptional property presents a unique opportunity for businesses seeking modern, efficient, and strategically located industrial space in the Buffalo area. The building is currently fully vacant.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Total area 3,520 SF
Lot 13.22 ac (575,863 SF)
Zoning code D-IL
APN 140200 112.19-1-14.11
UPID US63-0051557

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
  • Construction Company General Contractor

Location

132 Dingens St Buffalo, NY 14206-2308
Buffalo metro Census 16700 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2021
Price N/A
2012
$480,000
2005
$1.2M

Zoning & alternative use

D-IL · Buffalo, NY
Zoning description

D-R, D-M, D-E, D-S, D-C, D-IL, D-IH, D-OS, D-OG, D-ON, C-R C-W-100 TABLE 5A: WATERFRONT YARDS DECEMBER 2016 CITY OF BUFFALO | CHAPTER 496, UNIFIED DEVELOPMENT ORDINANCE CORRIDOR ZONES | 5-9 where it finds that developmen…

General category MIXED_USE

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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