57 Davison Ct Lockport, NY 14094-5376
- Office buildings
- 12,281 SF
- 1.26 lot acres
Current Use by Public Records
- Smith Paul F / Dentist
- Donnarumma Glen C DDS / Dentist
- Vukas Steven DDS / Dentist
- Mechtler Katalin DDS / Dentist
- Molly Sheron, NP / Nurse Practitioner
Property Details for 57 Davison Ct
- Year built
- 1998
- Lot size
- 1.26 lot acres
- Property size
- 12,281 SF
- Zone code
- B4
- Property type
- Office buildings
- APN
- 290900 123.12-2-9
- APU
- 2909001231229
Description
This exceptional Lockport, NY office park offers a 12,084 square foot building with four suites ranging from 1,950 to 3,808 square feet. The entire complex comprises nineteen single-story buildings, totaling various sizes from 2,400 to 12,200 square feet, many suitable for multiple tenants. Individual suites within the complex range from 600 to 10,000 square feet. Each building, constructed in 2002, features a wood frame and brick exterior, a single story design, and either a crawl space or full basement, along with asphalt shingle roofs. Some buildings share entrances. Each building sits on its own tax parcel and can be leased or sold separately. Lot sizes vary from 0.35 to 1.19 acres. Currently, the complex enjoys approximately 50% occupancy, primarily with medical and professional tenants. The property is zoned commercial and ideally suited for medical, legal, accounting, or other professional office uses. Ample parking is available for tenants and clients. The park offers multiple access points and is conveniently located just north of Lincoln Avenue on Davison Court in Lockport, NY, near major roadways, Lockport Memorial Hospital, and a wide array of retail amenities, restaurants, and hotels, including Walmart, Tops, Starbucks, and many others. Its central Niagara County location provides easy access to Niagara Falls (18 miles) and Downtown Buffalo (30 miles).
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $395,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $410,000
- 6.5%
- $445,000
- 7%
- $445,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $415,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $455,000
- Retail
- $405,000
- Mixed-Use
- $335,000
- Hospitality
- $400,000
- Educational
- $450,000
- Residential Income
- $455,000
- Energy
- $350,000
- Income-Based Land
- $415,000
- Food Service
- $430,000
Location Insight
- Map
- Local Demand
- City
- Lockport
- County
- Niagara
- State
- New York
- Longitude
- -78.6646
- Latitude
- 43.1549
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA