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    5395 Sheridan Dr, Unit 5489 Buffalo, NY 14221-3600
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    Property profile & analytics

    5395 Sheridan Dr, Unit 5489 Buffalo, NY 14221-3600


    • Strip malls
    • 84,776 SF
    • 9.90 lot acres
    Off-Market
    Last Sale Jan 13, 2025
    $19,700,000
    Property ID
    US63-4217117
    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
    $14,830,000
    Show details
    Cap Rate Potential
    6.1%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Williamsville Place / Shopping Center & Mall

    Property Details for 5395 Sheridan Dr

    Year built
    1985
    Lot size
    9.90 lot acres
    Property size
    84,776 SF
    Zone code
    SC
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    142289 69.10-4-2.1
    APU
    1422896910421

    Description

    This exceptional retail space, located at 5395 Sheridan Drive in Buffalo, New York (zip code 14221), within the Williamsville Place complex, presents a unique leasing opportunity. The property is situated in Erie County and offers a total of 102,792 square feet of commercial space within a single building. Currently, 1,765 square feet is available for lease, ideal for a variety of retail businesses. The building's multiple tenancy structure provides a vibrant and diverse commercial environment. This location benefits from high visibility and accessibility, making it an attractive option for businesses seeking strong foot traffic and convenient access for customers. The property's address is easily identifiable and well-situated within the established commercial landscape of Buffalo. The available space is ready for immediate occupancy, offering a blank canvas for businesses to create their ideal retail environment. Interested parties are encouraged to inquire about lease terms and conditions to explore this promising retail opportunity in a thriving Buffalo location. The property's latitude and longitude coordinates are 42.9775698 and -78.7330833 respectively. This is a single-suite building, offering a cohesive and manageable space for a single tenant.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $15,940,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $16,200,000
      6.5%
      $14,955,000
      7%
      $13,885,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,584,000
      Market price range: $3.54M - $20.0M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $11,000,000
      Current use
      COMMERCIAL (GENERAL)
      $12,975,000
      Change: +18% Conversion: Easy
      RETAIL STORES
      $12,175,000
      Change: +11% Conversion: Easy
      OFFICE BUILDING
      $11,940,000
      Change: +9% Conversion: Moderate
      RESTAURANT
      $10,495,000
      Change: -5% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.7333
    Latitude
    42.9773
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $1,450,000
    $3,820,000
    $5,270,000
    -
    $2,338,710
    $6,161,290
    $8,500,000
    More about this property
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