200 John James Audubon PkwyBuffalo, NY 14228

Property Details for 200 John James Audubon Pkwy

Year built

1986

Lot size

5.02 AC

Property size (Sq ft)

82,667 SF

Property type

Office buildings

APN

142289 41.03-1-74.2

APU

14228941031742

Description

This exceptional three-story office building, located at 200 John James Audubon Parkway in Buffalo, NY, offers a unique opportunity for businesses seeking flexible and adaptable space. The property boasts a total of 82,667 square feet, currently entirely vacant, providing a blank canvas for a single large tenant or multiple smaller occupants. The building's design seamlessly blends traditional and creative office styles, catering to a diverse range of business needs. Built in 1985, the structure sits on a generous 5-acre lot, providing ample space and potential for future expansion or outdoor amenities. With 350 parking spaces, convenient access is ensured for employees and clients alike. The property is zoned for traditional and creative office uses, as well as strip center uses, offering versatility in potential tenant profiles. Located in Erie County, the building benefits from a strategic location within Buffalo, offering easy access to major transportation routes and a vibrant business community. The available space is highly divisible, with options ranging from 800 square feet to 13,000 square feet, making it suitable for businesses of all sizes. This is a rare opportunity to acquire a substantial, well-located office building with significant potential for growth and return on investment. The property's size, ample parking, and flexible space options make it an ideal location for a variety of businesses seeking a prominent presence in the Buffalo market.

• CAP approach

  CAP return

  Valuation

  6%

  $14,995,872

  6.5%

  $13,842,343

  7%

  $12,853,604

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,908,727

  Geo Method

  $5,200,581

• Alternative Use

  Use

  Valuation

  Residential

  $17,164,506

  Hospitality

  $15,722,595

  Educational

  $13,081,014

  Medical

  $13,530,890

  Retail

  $20,348,244

Location Insight

City

Amherst

County

Erie

State

New York

Latitude

43.0147

Longitude

-78.7798

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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