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    FOR LEASE
    Office buildings

    2390 N Forest Rd, Getzville, NY 14068

    17,980 SF 1.49 ac lot Built 2004
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-3959906
    Property summary
    AI-generated overview

    This exceptional 17,980 square foot medical office building, located at 2390 North Forest Road in Getzville, New York, presents a unique investment opportunity. Situated on a 1.49-acre lot, the property boasts 2,542 square feet of net rentable space, ideal for a variety of medical practices. The building's HUB Zone designation offers potential tax advantages. Its convenient location within an established office park in a high-traffic area provides excellent visibility and accessibility. The property is just five minutes from the University of Buffalo, ensuring a strong patient base and convenient access for staff. Ample parking is available for patients and staff. The interior layout is easily divisible, allowing for customization to suit specific needs. The building is offered as a turnkey operation, minimizing upfront investment and maximizing immediate occupancy. This owner-occupiable space represents a rare opportunity to acquire a well-located, functional medical office building in a thriving community. The property is zoned HUB, offering additional benefits. This is a prime opportunity for medical professionals seeking a high-quality, well-situated space or investors looking for a strong return. The asking price is $1,799,000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2004
    Total area 17,980 SF
    Lot 1.49 ac (64,904 SF)
    Zoning code GC
    APN 142289 55.01-1-3.12
    UPID US63-3959906
    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
    • ROCA Solutions Accounting Firm Loan Service
    • Beats & Bodywork Therapeutic Massage Alternative Medicine Practice Spa & Massage Center
    • Dr. McCourt Physician
    • Ethos Performance and Pelvic PT Physician
    • BLNC Chiropractic and Wellness Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.03M
    Blend (final) Blend
    $1.81M
    Owner & transaction history
    2390 Nf R3 LLC · 1 yrs held
    2390 Nf R3 LLC
    since 2024
    Last sale
    $1.8M
    6 recorded transactions
    2024
    $1.8M
    2019
    2015
    $143.8M
    2015
    1969
    1969
    Zoning & alternative use
    GC · Getzville, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $2.6M +24.4%
    Restaurant $2.5M +17.0%
    Neighborhood: shopping center $2.4M +15.9%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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