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    6850 Prescott Dr, Derby, NY 14047

    400 SF 0.27 ac lot Built 1940
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US63-1392873
    6850 Prescott Dr, Derby, NY 14047 For Sale
    $99,900 400 SF
    6850 Prescott Dr, Derby, NY 14047
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    Property summary
    AI-generated overview

    This 1,632 square foot office building, located at 6850 Prescott Drive in Derby, New York, presents a unique investment opportunity. Built in 1940, this two-story Class B building sits on a 0.27-acre lot and is zoned GB, offering considerable flexibility for a variety of uses. Previously utilized as a veterinary clinic, the property features multiple rooms on the first floor and additional office/storage space on the second floor. Its excellent visibility and convenient location just off Route 5, near the lakeshore, make it ideal for a range of businesses, including insurance, accounting, law, or medical practices. The building's adaptable layout also lends itself well to retail uses. The property consists of one unit within a single building and offers a compelling combination of location, size, and zoning potential. The asking price is $119,900. This is a rare opportunity to acquire a well-situated commercial property in a desirable area of Erie County, New York, with significant upside potential. The property's history as a veterinary clinic provides a solid foundation for a variety of future uses.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1940
    Total area 400 SF
    Lot 0.27 ac (11,648 SF)
    APN 144489 192.20-1-31.11
    UPID US63-1392873
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Properties By Wolf LLC · 12 yrs held
    Properties By Wolf LLC
    since 2014
    1 recorded transaction
    2014
    $85,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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