4425 Walden Ave Lancaster, NY 14086
- Warehouses
- 9,200 SF
- 2.22 lot acres
Current Use by Public Records
- Razzle Dazzle Pool Renovations LLC / Renovation Specialist / General Contractor
- WNY Plumbing / Plumbing Service / General Contractor
Property Details for 4425 Walden Ave
- Year built
- 2020
- Lot size
- 2.22 lot acres
- Property size
- 9,200 SF
- Property type
- Warehouses
- APN
- 145289 95.00-4-43.21
- APU
- 145289950044321
Description
This exceptional Lancaster, NY industrial property offers 12,500 square feet of warehouse space, ideally suited for various uses. The single-story, 2020-built Class B building features five 25' x 50' bays, each with a 14' overhead door, a bathroom, and hanger heaters. Currently, five bays are available for lease, offering flexibility for single or multi-bay occupancy. The bays can be combined or subdivided to meet specific needs. The building sits on a 2.22-acre lot in Erie County, conveniently located on Walden Avenue, east of Pavement Road, providing easy access to major routes including Route 33, Route 20, the NYS Thruway (I-90), and Route 78. The property boasts ample parking, a 6-inch thick slab foundation, and 3-phase power. It's zoned for light manufacturing, making it a versatile option for a range of businesses. The 7,250 square feet of vacant space presents a significant opportunity for immediate occupancy. This well-maintained building offers a prime location and functional design, making it an attractive investment for businesses seeking efficient and accessible warehouse space in Western New York.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $815,000
- 6.5%
- $755,000
- 7%
- $700,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $662,000
- AI Estimate
- $516,000
Market price range: $208k - $662kMarket price range: $188k - $526k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $450,000 Current use
- OFFICE BUILDING
- $1,075,000 Change: +139% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $930,000 Change: +107% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $925,000 Change: +105% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Erie
- State
- New York
- Longitude
- -78.6039
- Latitude
- 42.9257
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA