21 Princeton PlOrchard Park, NY 14127

  • Office buildings
  • 10,600 SF
For Lease
$17/SF/YR View listing

Property Details for 21 Princeton Pl

Year built
1969
Lot size
0.23 AC
Property size (Sq ft)
10,600 SF
Zone code
B1
Property type
Office buildings
APN
146001 162.17-1-23
APU
14600116217123

Description

This exceptional Orchard Park office building, located at 21 Princeton Pl, offers a variety of executive and general office spaces. The 11,000 square foot building, situated on a 0.23-acre lot, underwent a complete renovation in 2010. Currently, 2,500 square feet of space is immediately available, divisible into units as small as 150 square feet, with a maximum contiguous space of 2,500 square feet. The building features both first and second-floor office options, catering to diverse business needs. Its convenient location offers easy walkability to numerous village businesses and amenities, and its proximity to the main corner of North Buffalo Road and Princeton Place ensures high visibility and accessibility. This property presents a fantastic opportunity for businesses seeking modern, well-maintained office space in a thriving community within Erie County, New York, zip code 14127. The building's multiple tenancy structure provides flexibility for various business sizes and configurations. The property's prime location and recent renovation make it an ideal choice for businesses seeking a professional and convenient workspace. Contact us today to learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,922,874
    6.5%
    $1,774,961
    7%
    $1,648,178
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,014,104
    Geo Method
    $666,846
  • Alternative Use

    Use
    Valuation
    Residential
    $2,200,952
    Hospitality
    $2,016,060
    Educational
    $1,677,338
    Medical
    $1,735,024
    Retail
    $2,609,193
21 Princeton Pl, Orchard Park, New York

Location Insight

City
Orchard Park
County
Erie
State
New York
Latitude
42.7687
Longitude
-78.7452
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
-
$36,300
$301,800
$338,100
-
$106,763
$887,637
$994,400

FAQs

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