Property profile

4906 I D A Park Dr Lockport, NY 14094

OFF-MARKET
Industrial properties
Property ID
US63-0343851
8,920 SF 1.7 ac lot Built 1984
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,920-square-foot industrial property, located at 4906 IDA Park Drive in Lockport, New York, presents a unique opportunity for businesses seeking versatile space. The single-tenant building, constructed in 1980, sits on a generous 1.7-acre lot and offers a flexible layout suitable for various industrial and office uses. The building features a single story with impressive ceiling heights ranging from 16 to 22 feet, providing ample room for operations and storage. Four convenient drive-in doors ensure efficient loading and unloading. The property boasts robust 3-phase power (480 volts, 400 amps), ideal for machinery and equipment. While elevators are not present, the single-story design facilitates easy access throughout the building. The property is zoned 714 - Lite Ind Manftr, suitable for a range of light industrial and manufacturing activities. The entire 8,920 square feet is currently vacant, offering immediate occupancy. The property's Niagara County location (APN: 292600-108-000-0001-034-212, Zip Code: 14094) provides excellent access to transportation routes and a skilled workforce. This is an ideal space for a company seeking a functional and spacious facility in a prime location.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1984
Total area 8,920 SF
Lot 1.7 ac (74,052 SF)
APN 292600 108.00-1-34.212
UPID US63-0343851

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
  • Construction Company

Location

4906 I D A Park Dr Lockport, NY 14094-1832
Lockport metro Census 23401 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$548k
Blend (final) Blend
$450k

Owner & transaction history

since 2025
Last sale
$550,000
4 recorded transactions
2026
Price N/A
2025
$550,000
2024
$450,000
2015
$333,500

Zoning & alternative use

Top alternative use upside
Restaurant $750,000 +105.6%
Auto repair, garage $685,000 +88.0%
Office building $610,000 +66.8%

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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