2875 Un RdCheektowaga, NY 14227

Property Details for 2875 Un Rd

Year built

1970

Lot size

34.42 AC

Property size (Sq ft)

420,205 SF

Zone code

5

Property type

Banks

APN

143089 113.12-2-28.311

APU

14308911312228311

Description

This exceptional office opportunity is located within the prestigious AppleTree Business Park at 2875 Union Road, Cheektowaga, NY 14227. The property boasts a total of 388,903 square feet across two stories, offering flexible spaces to suit various business needs. Currently, there are 49,955 square feet of vacant space available, divisible into units as small as 1,251 square feet and up to a contiguous 25,324 square feet. The building, originally constructed in 1970, underwent significant renovations in 2000 and most recently in 2023, ensuring modern amenities and a well-maintained environment. Its convenient location in Cheektowaga, New York, offers easy access to major transportation arteries, including the New York State Thruway and the Kensington Expressway. Furthermore, the park benefits from a central NFTA bus hub, providing convenient public transportation via routes 1 and 69. Cheektowaga's strong sense of community and proximity to the Buffalo Niagara International Airport add to the property's appeal. This is an ideal location for businesses seeking a blend of accessibility, modern facilities, and a welcoming community atmosphere within Erie County. The property is classified as Executive Office space and offers multiple tenancy options.

• CAP approach

  CAP return

  Valuation

  6%

  $112,052,160

  6.5%

  $103,432,768

  7%

  $96,044,712

• Comparable approach

  Method

  Valuation

  Relative Method

  $101,306,432

  Geo Method

  $66,616,444

• Alternative Use

  Use

  Valuation

  Residential

  $87,249,408

  Hospitality

  $79,919,984

  Educational

  $66,492,492

  Medical

  $68,779,272

  Retail

  $103,432,768

Location Insight

City

Cheektowaga

County

Erie

State

New York

Latitude

42.8908

Longitude

-78.7519

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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