50 Franklin StBatavia, NY 14020

Property Details for 50 Franklin St

Year built

1925

Lot size

2.20 AC

Property size (Sq ft)

17,688 SF

Property type

Automotive properties

APN

180200 84.014-2-2

APU

1802008401422

Description

This exceptional 17,688-square-foot manufacturing facility at 50 Franklin Street, Batavia, NY, presents a rare investment opportunity. Built in 1925, this single-story building sits on a 2.2-acre lot (APN: 180200 84.014-2-2) and is zoned I-1. The property boasts ample fenced-in yard space, providing both privacy and security. Multiple access points, including numerous doors, overhead doors, and a loading dock, ensure efficient operations. The interior layout includes substantial office space and a spacious training room, offering flexibility for various business needs. Conveniently located minutes from the thruway, this property offers easy access to major transportation routes while maintaining a quiet, secluded setting. This owner-user investment is priced at $475,000 and represents a unique chance to acquire a well-established industrial space in a prime location. The building's configuration and substantial lot size make it ideal for a variety of manufacturing or industrial uses. Don't miss this opportunity to secure a highly functional and strategically located industrial property in Genesee County, New York. The property's features and location combine to offer a compelling investment proposition for businesses seeking expansion or relocation.

• CAP approach

  CAP return

  Valuation

  6%

  $4,453,989

  6.5%

  $4,111,374

  7%

  $3,817,705

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,168,217

  Geo Method

  $2,804,135

• Alternative Use

  Use

  Valuation

  Residential

  $3,468,098

  Hospitality

  $3,176,759

  Educational

  $2,643,026

  Medical

  $2,733,924

  Retail

  $4,111,374

Location Insight

City

Batavia

County

Genesee

State

New York

Latitude

42.9961

Longitude

-78.1956

CBSA code

12860

CBSA name

BATAVIA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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