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
Jan 13, 2025
$19,700,000
Value Estimations
$14,830,000
Show details
Cap Rate Potential
6.1%
Strip malls
Location Intelligence
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.
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 valuation — 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
