Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4765 Shisler Rd Clarence, NY 14031

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4765 Shisler Rd Clarence, NY 14031

    View on Map
    • Commercial real estate
    • 0.78 lot acres
    Off-Market
    Property ID
    US63-0681450
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 4765 Shisler Rd

    Lot size
    0.78 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.78-acre lot presents a unique opportunity in the desirable Clarence, NY area. Recently rezoned for residential use, this vacant land is perfectly situated for building your dream home. Located at 4765 Shisler Rd, Clarence, NY 14031, the property offers a blank canvas for creating your ideal living space. All essential utilities are conveniently accessible at the roadside, simplifying the construction process. The expansive lot provides ample space for a custom home design, along with the potential for landscaping and outdoor amenities. Enjoy the tranquility of suburban living while remaining close to a variety of conveniences, including shopping centers, restaurants, parks, and highly-rated schools. This property is an excellent investment for those seeking to build their forever home or capitalize on the promising real estate market in Clarence. The address is 4765 Shisler Rd, Erie County, New York, and the lot size is 0.78 acres. This is a truly remarkable opportunity to build in a sought-after location. The asking price for this exceptional property is $125,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Clarence
    County
    Erie
    State
    New York
    Longitude
    -78.6070115
    Latitude
    42.9764652

    Comparable in this City

    • $524,900

      Mixed-Use Property in Clarence, NY

      Income-generating property with residential and commercial spaces in Clarence, NY.
      9870 Main St, Clarence, NY 14031
      View Details
    • $750,000

      Clarence Commercial Property with Showroom

      13,300+/- SF commercial property with warehouse/retail space/showroom.
      10295 Main St, Clarence, NY 14031
      View Details
    • $375,000

      Main Street Retail and Apartment

      Two buildings with retail and apartment in Clarence business district.
      9142-9148 Main St, Clarence, NY 14031
      View Details
    • $750,000
      13,300 SF

      Clarence Commercial Property with Showroom

      Commercial property near Clarence with warehouse, retail, and residential space.
      10295 Main St, Clarence, NY 14031
      View Details
    • $2,700,000

      Industrial Warehouse with Development Potential

      25,000 SF industrial/warehouse with expansion possibilities on 10 acres.
      4255 Research Pkwy, Clarence, NY 14031
      View Details

    Similar Nearby for Sale

    • $524,900

      Mixed-Use Property in Clarence, NY

      Income-generating property with residential and commercial spaces in Clarence, NY.
      9870 Main St, Clarence, NY 14031
      View Details
    • $750,000

      Clarence Commercial Property with Showroom

      13,300+/- SF commercial property with warehouse/retail space/showroom.
      10295 Main St, Clarence, NY 14031
      View Details
    • $375,000

      Main Street Retail and Apartment

      Two buildings with retail and apartment in Clarence business district.
      9142-9148 Main St, Clarence, NY 14031
      View Details
    • $750,000
      13,300 SF

      Clarence Commercial Property with Showroom

      Commercial property near Clarence with warehouse, retail, and residential space.
      10295 Main St, Clarence, NY 14031
      View Details
    • $2,700,000

      Industrial Warehouse with Development Potential

      25,000 SF industrial/warehouse with expansion possibilities on 10 acres.
      4255 Research Pkwy, Clarence, NY 14031
      View Details

    Similar Nearby for Lease

    • $599,900

      Mixed-Use Property in Clarence, NY

      Versatile mixed-use property with income potential in Clarence, NY.
      9060 Main St, Clarence, NY 14031
      View Details
    • Contact for pricing
      1,800 SF

      Mixed-Use Property on Main Street

      Office, flex, and warehouse space in Clarence, NY.
      10151 Main St, Clarence, NY 14031
      View Details
    • New
      $699,000
      5,004 SF

      Clarence Mixed-Use Opportunity

      Mixed-use property with income potential in Clarence, New York.
      9060 Main St, Clarence, NY 14031
      View Details
    • Contact for pricing
      26,500 SF

      Renovated Flex Property Near Buffalo

      Newly renovated flex manufacturing, warehouse, and office property for lease.
      11342 Main St, Clarence, NY 14031
      View Details
    • Contact for pricing
      1,920 SF

      Retail and Warehouse Space Available

      Open retail space with adjoining warehouse and redevelopment potential.
      5844 Goodrich Rd, Clarence, NY 14031
      View Details
    • Contact for pricing

      Main Street Commercial Land Available

      Commercial land for rent on Main Street, Route 5.
      11358 Main St, Clarence, NY 14031
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4765 Shisler Rd
    Clarence, NY 14031
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!