Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office buildings

    32 Professional Pkwy, Lockport, NY 14094-5366

    2,560 SF 0.4 ac lot Built 1992
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-3380779
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1992
    Total area 2,560 SF
    Lot 0.4 ac (17,424 SF)
    Zoning code 05 - COMMERCIAL
    APN 290900 123.08-4-9
    UPID US63-3380779
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Davison Road Properties LLC · 2 yrs held
    Davison Road Properties LLC
    since 2024
    Last sale
    $78,000
    4 recorded transactions
    2024
    $78,000
    2020
    $11.6M
    2015
    2014
    Zoning & alternative use
    05 - COMMERCIAL · Lockport, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 32 Professional Pkwy?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message