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Property profile & analytics
FOR LEASE
Office buildings

20 Lawrence Bell Dr Amherst, NY 14221

22,004 SF 2.34 ac lot Built 2006
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US63-2316919
Property summary
AI-generated overview

This exceptional Class A executive office building, constructed in 2018, offers a single-tenant opportunity encompassing 4,818 square feet of meticulously designed space. The building's modern brick exterior houses a spacious, single-story layout featuring a large open floor plan complemented by perimeter offices, ideal for a variety of business configurations. The property includes convenient amenities such as a kitchenette and multiple conference rooms, ensuring seamless workflow and efficient meetings. Several private offices are also available, providing dedicated workspaces for enhanced productivity. The building boasts a total of 2,200 square feet and is situated on a corner lot at the intersection of Lawrence Bell and Youngs Road, benefiting from high visibility and accessibility. With a substantial 122 parking spaces, ample parking is guaranteed for employees and clients. Its strategic location offers easy access to major transportation routes, including proximity to the Buffalo Niagara International Airport, just two miles away. The high traffic volume on Youngs Road (12,500 AADT) further enhances the property's visibility and potential. This is a rare opportunity to secure a premium office space in a highly desirable location within Erie County.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Total area 22,004 SF
Lot 2.34 ac (101,930 SF)
Zoning code RD
APN 142289 81.02-3-36
UPID US63-2316919
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Frenkel Lambert Weiss Weisman & Gordon, LLP Law Firm
  • Buffalo Pharmacies Institutional Pharmacy
  • Voelkl Todd J Pharmacy
  • Vincent A. Galletta, MS Pharmacy
  • David Pysz, RPh Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.52M
Blend (final) Blend
$2.14M
Owner & transaction history
20 Lawrence Bell LLC · 8 yrs held
20 Lawrence Bell LLC
since 2018
5 recorded transactions
2021
Price N/A
2018
Price N/A
2006
Price N/A
2006
$375,000
1969
Price N/A
Zoning & alternative use
RD · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.4M +8.7%
Retail stores $3.2M +2.0%
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