Property profile

7020 Erie Rd Derby, NY 14047

OFF-MARKET
Medical Office Space
Property ID
US63-3823783
8,982 SF 1.04 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 2000
Total area 8,982 SF
Lot 1.04 ac (45,302 SF)
APN 144489 206.00-3-21.22
UPID US63-3823783

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
  • Social Service Agency Medical Clinic
  • Physician
  • Physician
  • Physician
  • Physician

Location

7020 Erie Rd Derby, NY 14047-9306
Derby metro Census 15401 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.06M
CAP Approach CAP
$1.33M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.02M

Owner & transaction history

since 2021
Last sale
$1.1M
5 recorded transactions
2021
$1.1M
2018
$875,000
2016
$780,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $855,000 +151.0%
Commercial (general) $750,000 +119.3%
Auto repair, garage $745,000 +117.8%

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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