6850 Prescott Dr, Derby, NY 14047
For Sale
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.
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
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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.