203 Eggert RdCheektowaga, NY 14215
- Industrial properties
- 359,000 SF
Property Details for 203 Eggert Rd
- Year built
- 1950
- Lot size
- 22.76 AC
- Property size (Sq ft)
- 359,000 SF
- Zone code
- 05C
- Property type
- Industrial properties
- APN
- 143089 91.00-1-26.12
- APU
- 143089910012612
Description
This exceptional 360,000-square-foot industrial property, located at 203 Eggert Road in Buffalo, NY, presents a unique investment opportunity. Currently vacant and undergoing extensive renovations slated for completion by October 30, 2024, this property boasts a two-story building on a substantial 24.1-acre lot. The improvements include a new roof, exterior, and loading docks. The interior will feature fresh paint and complete renovation. The property features 10 loading docks and 10 dock-high doors, with a ceiling height of 20 feet. Zoned for industrial, distribution, and warehouse use, this versatile space is ideal for a variety of operations. The asking price is $7,500,000, translating to $20.83 per square foot. The ample parking and landscaping enhance the property's appeal. This is a rare opportunity to acquire a large, renovated warehouse at a cost significantly lower than new construction. The property is offered for sale by owner, with a net lease type. The property is classified as a distribution, flex, and warehouse space. This is a prime location in Erie County, NY, with easy access to major transportation routes. The property is 100% owned and is currently vacant, allowing for immediate occupancy upon completion of renovations.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $74,541,224
- Hospitality
- $68,279,360
- Educational
- $56,807,624
- Medical
- $58,761,328
- Retail
- $88,367,416
Location Insight
- City
- Buffalo
- County
- Erie
- State
- New York
- Latitude
- 42.9288
- Longitude
- -78.7968
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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