10995 Main StClarence, NY 14031

  • Investment properties
  • 12,036 SF
For Lease
$15/SF/YR View listing

Property Details for 10995 Main St

Year built
1981
Lot size
4.43 AC
Property size (Sq ft)
12,036 SF
Property type
Investment properties
Property subtype
Retail residential properties
APN
143200 72.00-4-13.2
APU
14320072004132

Description

This exceptional 3,796 square foot commercial space, located at 10995 Main St in Clarence Hollow, Erie County, presents a unique opportunity for a variety of businesses. Currently configured as a single unit, this adaptable space can be easily divided into two 1,900 square foot units via an existing demising wall. The high ceilings (11 feet) and expansive layout (approximately 52' x 73') offer significant flexibility for retail, medical office, storage, or other small business uses. The property boasts excellent visibility on Main Street, situated between Salt Road and The Great Pumpkin Farm, ensuring high traffic and exposure. Ample parking is available on a paved lot accommodating 30+ vehicles. The building's location offers convenient access for both employees and customers. This property is ideal for businesses seeking a prominent location with significant space and parking in a thriving community. The space is available for lease and is ready for immediate occupancy. Owners are readily available on-site. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,707,295
    6.5%
    $2,499,041
    7%
    $2,320,538
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,784,782
    Geo Method
    $1,173,636
  • Alternative Use

    Use
    Valuation
    Residential
    $2,499,041
    Hospitality
    $2,289,108
    Educational
    $1,904,511
    Medical
    $1,970,010
    Retail
    $2,962,573
10995 Main St, Clarence, New York

Location Insight

City
Clarence
County
Erie
State
New York
Latitude
42.981
Longitude
-78.5777
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$180,000
$1,040,000
$1,220,000
-
$225,000
$1,300,000
$1,525,000

FAQs

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