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    OFF-MARKET
    Manufacturing properties

    3279 Grand Is Blvd, Grand Island, NY 14072-1216

    29,383 SF 2 ac lot Built 1960
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-3631363
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 3279 Grand Island Blvd, Grand Island, NY 14072, presents a significant investment opportunity. Priced at $1,599,000, this single-user warehouse boasts 29,383 square feet of net rentable space within a Class B building. The property sits on a 2-acre lot and features a single-story design with convenient access to I-190 and the Canadian border. The warehouse includes one loading dock and two dock-high doors, catering to efficient material handling. Ceiling heights range from 15 to 30 feet, providing ample vertical space for various uses. The property is zoned for industrial use and has a history of serving as a warehousing and distribution center, as well as a fabrication facility. This versatility makes it suitable for light assembly, light manufacturing, or warehousing and distribution operations. Its strategic location makes it particularly attractive to Canadian businesses seeking a US presence. The property is privately owned.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1960
    Total area 29,383 SF
    Lot 2 ac (87,120 SF)
    Zoning code M1
    APN 144600 11.00-1-7
    UPID US63-3631363
    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
    Current use
    Occupant on record · Public records
    • Mill-Tex Sportswear inc. Warehouse & Storage
    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
    Omram Development LLC · 1 yrs held
    Omram Development LLC
    since 2024
    Last sale
    $1.3M
    5 recorded transactions
    2024
    $1.3M
    2022
    $478,000
    2015
    $550,000
    2012
    $545,000
    2007
    Zoning & alternative use
    M1 · Grand Island, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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