4245 Un RdCheektowaga, NY 14225

Property Details for 4245 Un Rd

Year built

1960

Lot size

1.20 AC

Property size (Sq ft)

25,500 SF

Zone code

05C

Property type

Office buildings

APN

143089 91.16-2-60

APU

1430899116260

Description

This exceptional executive office space, located at 4245 Union Rd in Cheektowaga, NY, offers 900 to 2,400 square feet of first-floor space, perfect for a variety of professional uses. Situated in a high-visibility location just off the Kensington Expressway, this Class C building provides excellent accessibility and exposure. The property boasts ample on-site parking, conveniently located both in front and behind the building, ensuring convenient access for clients and employees. Built in 1960, the 25,500 square foot building currently has 2,400 square feet immediately available for lease. The owner is flexible and willing to divide the space to accommodate the specific needs of prospective tenants. This presents a unique opportunity for businesses seeking a well-located, adaptable office space with attractive lease rates. The property is ready for immediate occupancy, making it an ideal solution for businesses seeking a quick and efficient move-in process. The address is in Erie County, New York, with a zip code of 14225. This single-tenant space is ideal for medical, professional, insurance, or law offices.

• CAP approach

  CAP return

  Valuation

  6%

  $5,440,589

  6.5%

  $5,022,082

  7%

  $4,663,362

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,604,497

  Geo Method

  $1,604,205

• Alternative Use

  Use

  Valuation

  Residential

  $6,227,382

  Hospitality

  $5,704,248

  Educational

  $4,745,868

  Medical

  $4,909,086

  Retail

  $7,382,460

Location Insight

City

Cheektowaga

County

Erie

State

New York

Latitude

42.9296

Longitude

-78.7534

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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