5505 Southwestern Blvd Hamburg, NY 14075-5801
This exceptional 1.92-acre commercial property in Hamburg, NY, presents a remarkable development opportunity. Boasting 280 feet of high-traffic frontage on Southwestern Boulevard, the site includes three existing buildings. The main office building, suitable for various uses, measures 600 square feet (20' x 30'). A second building offers substantial space at 1,800 square feet (30' x 60'), featuring eleven garage doors (ten 7-foot, one 8-foot) providing excellent access, plus a 300-square-foot (10' x 30') heated storage bay. The third building comprises 1,400 square feet (20' x 70') with ten 7-foot garage doors. The property benefits from robust infrastructure, including 100 and 200-amp service with three-phase power, a heat pump system with air conditioning, and readily available electric and gas lines for future expansion. All buildings feature durable metal roofs. Annual property taxes are approximately $8,000, and the yearly water bill is around $280. The strategic location, across from a new 152-unit apartment complex currently under construction, makes this site ideal for a variety of uses, particularly a storage facility, capitalizing on the increased residential density. The substantial frontage and existing buildings offer immediate potential for income generation or redevelopment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.