3200 Orchard Park RdOrchard Park, NY 14127

Property Details for 3200 Orchard Park Rd

Year built

1979

Lot size

1.54 AC

Property size (Sq ft)

3,870 SF

Zone code

B2

Property type

Turn key restaurants

APN

146089 152.16-5-3.2

APU

14608915216532

Description

This exceptional retail opportunity is located within Orchard Park Plaza, a single-story, 27,298 square foot building situated on a 5-acre lot at 3200 Orchard Park Road, Orchard Park, NY 14127. The property, built in 1961, currently features four suites, with one vacant storefront totaling 2,500 square feet ready for immediate occupancy. This space presents a unique chance to establish a business in a thriving community. Orchard Park, a suburb of Buffalo, boasts a population exceeding 29,463 residents and consistently ranks among New York's best places to live, known for its suburban atmosphere, abundant parks, and highly-rated schools. The property's location on Orchard Park Road provides excellent visibility and accessibility. The building's single-story design offers convenient access for customers and employees. This is an ideal location for businesses seeking a strong presence in a desirable and well-established community within Erie County. The 2,500 square foot vacant space offers flexibility for a variety of retail uses. Don't miss this chance to secure a prime retail location in a highly sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,031,984

  6.5%

  $952,600

  7%

  $884,557

• Comparable approach

  Method

  Valuation

  Relative Method

  $933,013

  Geo Method

  $613,524

• Alternative Use

  Use

  Valuation

  Residential

  $803,554

  Hospitality

  $736,051

  Educational

  $612,386

  Medical

  $633,447

  Retail

  $952,600

Location Insight

City

Orchard Park

County

Erie

State

New York

Latitude

42.7979

Longitude

-78.7525

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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