482 Cascade DrSpringville, NY 14141

Property Details for 482 Cascade Dr

Year built

1981

Lot size

1.10 AC

Property size (Sq ft)

3,382 SF

Property type

Office buildings

APN

143801 347.06-1-8

APU

1438013470618

Description

This exceptional free-standing executive office building, located at 482 S Cascade Dr in Springville, NY 14141, offers a rare opportunity to lease a highly desirable commercial space. The property boasts a total of 3,382 square feet, currently entirely vacant and available for lease. The building is situated on a generous 1.1-acre lot, providing ample space and visibility. Multiple tenancy options are available, with a minimum leasable space of 1,300 square feet and a maximum contiguous space of 3,382 square feet, allowing for flexibility to accommodate various business needs. The property is classified as both retail and office space, making it suitable for a wide range of uses. Conveniently located in Erie County, this property offers excellent accessibility and visibility. The building includes 25 parking spaces, ensuring ample parking for tenants and their clients. This is an ideal location for businesses seeking a prominent presence in Springville, New York. The property's size and layout offer significant potential for customization and adaptation to suit specific business requirements. Don't miss this chance to secure a prime commercial space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $613,516

  6.5%

  $566,323

  7%

  $525,871

• Comparable approach

  Method

  Valuation

  Relative Method

  $323,559

  Geo Method

  $305,078

• Alternative Use

  Use

  Valuation

  Residential

  $702,240

  Hospitality

  $643,248

  Educational

  $535,175

  Medical

  $553,581

  Retail

  $832,495

Location Insight

City

Springville

County

Erie

State

New York

Latitude

42.4962

Longitude

-78.6906

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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