Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

140 Professional Pkwy Lockport, NY 14094

  • Office buildings
  • 3,524 SF
  • 0.35 lot acres
Value Estimation
Last Sale
Mar 21, 2024
$85,000
Location Intelligence
Property ID
US63-1400468
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

  • Office buildings

Property Details for 140 Professional Pkwy

Year built
1996
Lot size
0.35 lot acres
Property size
3,524 SF
Zone code
B4
Property type
Office buildings
APN
290900 123.08-4-23
APU
29090012308423

Description

This single-tenant, 3,407 square foot Class B office building, constructed in 2002, is situated in a thriving 19-building medical and professional office park in Lockport, NY. The property features a spacious open reception area, six oversized executive offices, an open workspace, kitchen, storage, and restrooms. Ample natural light brightens the beautifully laid-out interior. Convenient rear parking is available for employees and clients. The building boasts a wood frame and brick exterior, a single story design, and either a crawl space or full basement. The property sits on its own tax parcel and can be leased or sold separately. Lot size is approximately 0.35 to 1.19 acres. The building's location offers easy access to major roadways, including Route 78, and is conveniently close to Lockport Memorial Hospital and a wide array of retail amenities, restaurants, and hotels. The larger complex offers suites ranging from 600 to 12,200 square feet, catering to a variety of business needs. Its prime location in Niagara County, approximately 18 miles from Niagara Falls and 30 miles from downtown Buffalo, provides excellent accessibility and visibility. This property is zoned commercial and is ideal for medical, legal, accounting, or other professional office uses. The entire complex provides multiple access points and ample parking.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $85,000
  • CAP approach

    CAP return
    Estimation
    6%
    $90,000
    6.5%
    $95,000
    7%
    $95,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $100,000
    Geo Method
    $80,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $75,000
    Retail
    $80,000
    Mixed-Use
    $90,000
    Hospitality
    $70,000
    Educational
    $75,000
    Residential Income
    $75,000
    Energy
    $80,000
    Income-Based Land
    $80,000
    Food Service
    $95,000

Location Insight

  • Map
  • Local Demand
City
Lockport
County
Niagara
State
New York
Longitude
-78.6634
Latitude
43.1563
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
$26,200
$293,800
$320,000
-
$26,200
$293,800
$320,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message