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Financial
Distress signals
Property profile

285 Market St Lockport, NY 14094

FOR LEASE
Office buildings
Property ID
US63-2025685
9,837 SF 1.17 ac lot Built 1981
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 9,837 square foot executive office building in Lockport, NY, presents a compelling investment opportunity with a 13.50% cap rate. Located at 285 Market Street, this Class B property boasts a desirable location overlooking the Joseph A. Scapalletti Bridge and adjacent to the Lockport Locks. Built in 1981 and renovated in 2010, the building features an open floor plan with 16-foot ceilings, situated on a 1.16-acre lot with ample on-site paved parking for 50+ vehicles. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$385k
Assessed land$37k
Assessed improvement$349k

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$236k
Vacancy & credit loss−$24k
Operating expenses−$80k
NOI · 1,660,000.00% cap applied$133k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$68/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$33 – $101
Qualifying comparables6

Cap rate analysis

How does the asset earn?
1,660,000.00%
$133k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B1
JurisdictionNIAGARA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency41.1
Restaurant30.6
Dental Office28.9

Location

285 Market St Lockport, NY 14094
County assessor Recorded deeds · not on file 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5842 Snyder, Lockport, NY 14094-9497 $1,917,500 Jun 2024 3,924 SF
170 Professional, Lockport, NY 14094-5368 $903,826 Aug 2023 3,616 SF
133 Main, Lockport, NY 14094 $525,000 Dec 2022 13,271 SF
170 Ee, Lockport, NY 14094-3835 $325,000 Oct 2022 5,921 SF
64 Davison, Lockport, NY 14094-5370 $427,070 Mar 2022 12,026 SF
175 Walnut, Lockport, NY 14094-3775 $2,170,000 Oct 2021 17,140 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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