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6028 Sheridan Dr Amherst, NY 14221

Office buildings Google Maps
8,704 SF 0.61 ac lot Built 1975
Individually Owned ~ Est. High Equity
Estimated value (blended)
$390k
Range $351k – $429k (±10%)
Property ID US63-3333047

Property summary

AI-generated overview

This exceptional 8,700 square foot office building, located at 6028 Sheridan Drive in Amherst, NY, presents a compelling investment opportunity. The property boasts a prime location just west of Transit Road, offering premier visibility and access to a strong demographic. The two-story building sits on a 0.6-acre lot (approximately 177' x 150'), providing ample space and parking for up to 35 vehicles. The interior is in excellent condition and features a versatile layout. The lower level includes private offices and a bullpen area, ideal for various business needs. The upper level offers upscale private offices, enhancing the professional image. Additional amenities include a well-equipped kitchen, a convenient conference room, three bathrooms, and substantial storage space. The building benefits from multiple zones for heating and air conditioning, ensuring optimal climate control throughout. The property is zoned OB and features the APN 142289-069-120-0002-015-200. This turnkey office building is ready for immediate occupancy and represents a rare opportunity to acquire a high-quality commercial property in a desirable location. The asking price is $795,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Total area 8,704 SF
Lot 0.61 ac (26,550 SF)
APN 142289 69.12-2-15.2
UPID US63-3333047

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising
  • Advertising Agency Marketing & Advertising
  • Advertising Agency Marketing & Advertising

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$955k
Blend (final) Blend
$390k

Owner & transaction history

3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.3M +8.7%
Retail stores $1.3M +2.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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