5895 Goodrich Rd Clarence Center, NY 14032
- Investment properties
- 2,702 SF
- 1.15 lot acres
Current Use by Public Records
- Investment properties
Property Details for 5895 Goodrich Rd
- Year built
- 1935
- Lot size
- 1.15 lot acres
- Property size
- 2,702 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 143200 58.07-2-2.11
- APU
- 14320058072211
Description
This exceptional 2,702+/- square foot office/retail building in Clarence Center, NY, presents a unique investment opportunity. Situated on a generous 1.15-acre lot, this Class B property boasts ample parking for 30+ vehicles, ensuring convenient access for clients and employees. Built in 1979 and extensively renovated in 2018, the building features a two-story design with a total of 2,702 square feet, including 1,400 square feet of vacant space ready for immediate occupancy. The property's single-tenancy configuration offers flexibility and control. The interior layout includes four offices, a conference room, and a convenient kitchenette. Enjoy the added benefit of a pleasant patio deck at the rear of the building. Located at 5895 Goodrich Rd, Clarence Center, NY 14032, this property benefits from high visibility and traffic counts, making it ideal for a professional firm seeking a prominent presence in a thriving community. The property is zoned commercial and is within Erie County. All utilities and CAM charges are included in the rent. This free-standing building offers a compelling combination of space, amenities, and location, making it an attractive proposition for discerning businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $235,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $230,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $300,000
- Mixed-Use
- $275,000
- Hospitality
- $295,000
- Educational
- $260,000
- Residential Income
- $235,000
- Energy
- $255,000
- Income-Based Land
- $315,000
- Food Service
- $300,000
Location Insight
- Map
- Local Demand
- City
- Clarence Center
- County
- Erie
- State
- New York
- Longitude
- -78.6367
- Latitude
- 43.0074
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA