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    FOR LEASE
    Office buildings

    485 Sunset Dr, Hamburg, NY 14075

    6,375 SF 1.68 ac lot Built 1972
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US63-5093435
    Property summary
    AI-generated overview

    Located at 485 Sunset Drive in Hamburg, New York (zip code 14075), this Erie County property offers a diverse range of office solutions. The space caters to various business needs, from individual entrepreneurs to large corporations. Available options include traditional private offices, fully furnished and equipped to suit individual requirements, ranging from single-person setups to spaces accommodating entire companies. Customizable office spaces are also available, along with disaster recovery spaces and day offices, providing flexible access as needed. A comprehensive benefits program, including exclusive discounts and procurement support, enhances the value proposition for tenants. Beyond private offices, the location provides coworking spaces, offering shared office or open-plan areas for those seeking a collaborative environment. Hot desking and daily reservations are available. Meeting rooms of various sizes are also available for rent, equipped with Wi-Fi and presentation equipment, suitable for informal meetings, training sessions, interviews, board meetings, or conferences. Virtual office options are also available, providing prestigious business addresses, mail handling, and professional virtual assistant services. Virtual Office packages include lounge access and office space access for a specified number of days per month. Flexible working plans provide access to a global network of workspaces, including city center, airport, and station locations. These plans offer access to private offices or coworking spaces for varying numbers of days per month. While the total building square footage is not currently specified, the property is suitable for businesses of all sizes. The property is classified as a Traditional Office, Executive Office, Coworking, Medical Office, and Creative Office space, accommodating a wide range of business types. The tenancy is multiple, indicating shared occupancy.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1972
    Total area 6,375 SF
    Lot 1.68 ac (73,181 SF)
    APN 144803 182.12-1-4.2
    UPID US63-5093435
    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
    • HQ Real Estate Agency
    • Amherst Exterminators Garden Center
    • Silicon Toronto (Bike/Boat/Book/etc) Store Corporate Office
    • V. Julia Luyster, P.A. Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $755k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $627k
    Blend (final) Blend
    $735k
    Owner & transaction history
    Holiday Village Holdings LP · 4 yrs held
    Holiday Village Holdings LP
    since 2021
    1 recorded transaction
    2021
    $625,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $925,000 +24.4%
    Restaurant $870,000 +17.0%
    Neighborhood: shopping center $865,000 +15.9%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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