32 Professional Pkwy, Lockport, NY 14094-5366
This single-tenant, 2,400 square foot Class B office building, constructed in 2002, is situated in a 19-building medical and professional office park in Lockport, NY. The property features an open reception area, six oversized executive offices, an open workspace, kitchen, storage, and restrooms. Ample natural light and a convenient rear parking lot enhance its appeal. The building boasts a wood frame and brick exterior, a single story design, and either a crawl space or full basement. It sits on its own tax parcel and can be sold separately from the other buildings in the complex. The lot size is approximately 0.35 acres or more. The building is currently vacant and ideal for a variety of office or medical uses. The larger complex offers suites ranging from 600 to 12,200 square feet, with most buildings designed for multiple tenants. The location provides easy access to Route 78, Lockport Memorial Hospital, and the downtown Lockport area, which includes numerous retail stores, restaurants, and hotels. Niagara County's central location offers proximity to Niagara Falls (18 miles) and Buffalo (30 miles). The property is zoned commercial and benefits from multiple points of access and ample parking throughout the complex. This presents a unique opportunity to acquire a well-located, versatile office building in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Lockport, NYLockport. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.