300 Commerce DrLackawanna, NY 14218

  • Manufacturing properties
  • 170,000 SF
For Lease
$2.75/SF/YR View listing

Property Details for 300 Commerce Dr

Year built
1999
Lot size
29.52 AC
Property size (Sq ft)
170,000 SF
Zone code
IND
Property type
Manufacturing properties
APN
140900 141.08-1-13.121
APU
14090014108113121

Description

This exceptional industrial property, located at 300 Commerce Drive in Lackawanna, New York, presents a significant opportunity. The property encompasses 31 acres of fenced land and features two separate buildings totaling 253,000 square feet of warehouse space, all currently vacant. Both buildings boast heavy industrial power capabilities, making them suitable for a wide range of industrial operations. Ceiling heights range impressively from 214 feet to 40 feet, providing ample vertical space. The property also includes substantial heavy floor loads, dedicated shipping and receiving areas, and a 6,000 square foot office space complete with men's and women's locker rooms. Built in 2000, the property is zoned NYS Empire Development, offering potential economic incentives. The location in Erie County, New York, with a zip code of 14218, provides convenient access to major transportation routes. This expansive, single-tenant property is ready for immediate occupancy and presents a unique opportunity for a large-scale industrial operation seeking a substantial and well-equipped facility. The property's size, features, and zoning designation make it an attractive investment for businesses seeking a strategic location in Western New York.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $35,298,456
    Hospitality
    $32,333,196
    Educational
    $26,900,840
    Medical
    $27,826,000
    Retail
    $41,845,752
300 Commerce Dr, Lackawanna, New York

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.8299
Longitude
-78.8419
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
-
$651,400
$4,048,600
$4,700,000
-
$824,562
$5,124,838
$5,949,400

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