4885 Southwestern BlvdHamburg, NY 14075

  • Turn key restaurants
  • 20,240 SF
For Lease

Property Details for 4885 Southwestern Blvd

Year built
1997
Lot size
3.06 AC
Property size (Sq ft)
20,240 SF
Zone code
PR
Property type
Turn key restaurants
APN
144889 170.16-4-11.1
APU
144889170164111

Description

This exceptional 24,618-square-foot executive office building in Hamburg, NY, is available for lease. Situated on a 2.76-acre lot, this two-story building offers versatile space ideal for various office, retail, or restaurant uses. The first floor encompasses approximately 18,000 square feet, while the second floor features three private offices, a conference room, and a bathroom, totaling 2,240 square feet. A spacious 4,378-square-foot basement with 10-foot ceilings provides excellent bonus space. Built in 1997, the building boasts 10.24-foot ceiling heights on the main levels and has been meticulously maintained. Ample paved parking accommodates over 200 vehicles. Conveniently located on Southwestern Boulevard, the property benefits from excellent access via a traffic signal and close proximity to the New York State Thruway (I-90) Exit 57 on Camp Road. The building is a single-tenant space in Erie County and offers a rare opportunity for a substantial and well-located office presence.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,397,314
    6.5%
    $4,982,136
    7%
    $4,626,269
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,879,660
    Geo Method
    $4,602,824
  • Alternative Use

    Use
    Valuation
    Residential
    $4,202,618
    Hospitality
    $3,849,576
    Educational
    $3,202,802
    Medical
    $3,312,951
    Retail
    $4,982,136
4885 Southwestern Blvd, Hamburg, New York

Location Insight

City
Hamburg
County
Erie
State
New York
Latitude
42.7533
Longitude
-78.8459
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
-
$45,000
$989,000
$1,034,000
-
$140,625
$3,090,625
$3,231,250

FAQs

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