Property profile

405 French Rd Amherst, NY 14228

OFF-MARKET
Other warehouses
Property ID
US63-2303212
45,013 SF 4.43 ac lot Built 1985
Entity Owned 26-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property at 405 North French Road in University Centre is a 45,331-square-foot building configured to provide office, flex, and warehouse space. It is set within a landscaped campus-like environment and includes landscaped grounds, abundant on-site parking, and deep dock and/or grade-level doors for loading and access. Trailer staging is available. The building is positioned near major transportation routes, including proximity to the I-990 Expressway, with convenient access to nearby amenities and connections via Metro Bus service within walking distance. It is also located near Niagara Falls Boulevard (Rte 62), Sweet Home Road, and North French Road.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Total area 45,013 SF
Lot 4.43 ac (192,971 SF)
Zoning code RD
APN 142289 26.19-3-16
UPID US63-2303212

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
  • Sustainability Organization

Location

405 French Rd Amherst, NY 14228-2010
Amherst metro Census 9107 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$839k
Blend (final) Blend
$1.15M

Owner & transaction history

Zoning & alternative use

RD · Amherst, NY
Zoning description

Research and Development District (RD) § 4-10 Science Technology District (ST) § 4-11 General Industrial District (GI) § 4-12 Supplemental Industrial District Design Standards PART 5 SPECIAL PURPOSE AND OVERLAY DISTRICTS

General category INDUSTRIAL

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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