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Property profile & analytics

2390 N Forest Rd Getzville, NY 14068

  • Office buildings
  • 17,980 SF
  • 1.49 lot acres
For Lease
Last Sale
Aug 22, 2024
$1,799,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-3959906
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

  • 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

Property Details for 2390 N Forest Rd

Year built
2004
Lot size
1.49 lot acres
Property size
17,980 SF
Zone code
GC
Property type
Office buildings
APN
142289 55.01-1-3.12
APU
14228955011312

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,032,000
    Market price range: $1.30M - $3.05M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $2,100,000
    Current use
    RETAIL STORES
    $2,610,000
    Change: +24% Conversion: Moderate
    RESTAURANT
    $2,455,000
    Change: +17% Conversion: Moderate
    NEIGHBORHOOD: SHOPPING CENTER
    $2,435,000
    Change: +16% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $1,810,000
    Change: -14% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Getzville
County
Erie
State
New York
Longitude
-78.7771
Latitude
43.0091
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
2019
$40,764
$260,000
$1,178,000
$1,438,000
-
$419,355
$1,900,000
$2,319,355
More about this property
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