Entity Owned Property summary
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
VerifiedCap rate & NOI
Current use
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Warehouse & Storage
Location
Value estimations
Owner & transaction history
Zoning & alternative use
strict § 407-75 Purpose. § 407-76 Principal uses and structures. § 407-77 Accessory uses and structures. § 407-78 Uses permitted upon issuance of special permit. § 407-79 Special rules for amusement parks. Article XVIII…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M1 · Grand Island, NYstrict § 407-75 Purpose. § 407-76 Principal uses and structures. § 407-77 Accessory uses and structures. § 407-78 Uses permitted upon issuance of special permit. § 407-79 Special rules for amusement parks. Article XVIII…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
strict § 407-75 Purpose. § 407-76 Principal uses and structures. § 407-77 Accessory uses and structures. § 407-78 Uses permitted upon issuance of special permit. § 407-79 Special rules for amusement parks. Article XVIII…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Grand Island, NY.
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