Property profile

3018 Military Rd Niagara Falls, NY 14304

FOR LEASE
Office buildings
Property ID
US63-3766280
5,320 SF 0.94 ac lot Built 1985
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,320 square foot office space is ideally situated on Military Road in Niagara Falls, New York, offering a single-tenant occupancy opportunity. The property boasts a highly visible location within a thriving business district, surrounded by medical practices and other professional offices. Its proximity to Mount St. Mary's Hospital and Memorial Medical Center makes it particularly attractive for medical professionals or businesses serving the healthcare industry. The convenient access to the Niagara 190 provides easy commutes to Buffalo, Lewiston, and Canada. High traffic counts ensure significant visibility for your business. Ample parking is available with a paved lot providing 33 surface parking spaces. The building is classified as a Traditional Office, Executive Office, and Medical Office, making it suitable for a variety of professional uses. The property is located in Niagara County, New York, with the full address being 3018 Military Road, Niagara Falls, NY 14304. This location offers a blend of accessibility and visibility, making it an excellent investment opportunity for businesses seeking a prominent presence in a busy commercial area. The property's versatility and prime location make it a compelling option for a variety of professional tenants.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1985
Total area 5,320 SF
Lot 0.94 ac (40,986 SF)
Zoning code 05 - COMMERCIAL
APN 293000 145.07-3-15
UPID US63-3766280

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician

Location

3018 Military Rd Niagara Falls, NY 14304
Niagara Falls metro Census 22602 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2019
2 recorded transactions
2019
$1.3M
1969
Price N/A

Zoning & alternative use

05 - COMMERCIAL · Niagara Falls, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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