3633 Commerce PlHamburg, NY 14075

Property Details for 3633 Commerce Pl

Year built

1989

Lot size

2.45 AC

Property size (Sq ft)

4,479 SF

Zone code

C1

Property type

Office buildings

APN

144889 182.07-1-9

APU

1448891820719

Description

This exceptional 4,479-square-foot executive office space is ideally situated at 3633 Commerce Place in Hamburg, New York, Erie County, zip code 14075. The single-tenant building, classified as Class B, was constructed in 1980 and offers ample parking with 16 spaces. The entire space is currently vacant, presenting a unique opportunity for immediate occupancy. Its convenient location directly off I-90 and Camp Road/NY Route 75, between Southwestern Boulevard and South Park Avenue, ensures high visibility and accessibility. The property benefits from its proximity to hotels and other office spaces within a small office park, creating a desirable and established business environment. The building's previous use as a medical office provides a ready-made, built-out space, minimizing upfront renovation costs. This presents a significant advantage for businesses seeking a move-in ready solution. The property's location offers excellent visibility from Camp Road, further enhancing its appeal. This is a rare opportunity to acquire a fully vacant, well-located executive office building in a thriving area of Hamburg, New York. The 4,479 square feet of space provides ample room for a variety of business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $920,851

  6.5%

  $850,016

  7%

  $789,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $428,509

  Geo Method

  $404,240

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,693,490

  Retail / Commercial

  $864,496

  Mixed-Use / Specialty

  $858,329

  Hospitality / Lodging

  $625,711

  Institutional / Educational

  $891,213

  Residential Income

  $1,042,720

  Multifamily

  $1,267,690

  Automotive / Energy

  $763,897

  Parking / Income-Based Land

  $266,660

  Restaurant / Food Service

  $439,839

  Healthcare / Senior Housing

  $883,364

Location Insight

City

Hamburg

County

Erie

State

New York

Latitude

42.7406

Longitude

-78.8501

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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