6021 Porter RdNiagara Falls, NY 14304

  • Gas stations
  • 7.47 AC
For Lease
$35/SF/YR View listing

Property Details for 6021 Porter Rd

Lot size
7.47 AC
Zone code
05 - COMMERCIAL
Property type
Gas stations
APN
293000 145.14-3-8
APU
2930001451438

Description

This exceptional retail opportunity is located within the Quicklee's Travel Center at 6021 Porter Rd, Niagara Falls, NY 14304. This newly constructed (2023), 12,000 square foot, multi-tenant building offers a 1,100 square foot space ideal for a variety of retail uses. The property sits on a 7.47-acre lot with ample parking, providing convenient access for customers. Its strategic location directly off Interstate 190 and minutes from the I-90 Thruway ensures high visibility and accessibility to a large pool of potential customers, including tourists, commuters, and the trucking community. The Quicklee's Travel Center features a co-tenant, Tim Hortons, which generates significant foot traffic and provides a shared dining area. This vibrant travel center offers a bustling, high-traffic environment perfect for businesses catering to travelers' needs, such as quick-service restaurants or specialty retail. The building consists of two, single-story structures with a total of three suites. The available space is 1,100 square feet, representing one of three suites within the complex. This presents a unique chance to establish a business in a high-traffic, convenient location with a strong co-tenant. The property's address is 293000-145-014-0003-008-000 (APN). This is a turnkey opportunity to capitalize on the significant traffic generated by this well-established travel center in the Niagara Falls submarket.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $86,770,208
    6.5%
    $80,095,576
    7%
    $74,374,464
  • Comparable approach

    Method
    Valuation
    Relative Method
    $78,448,632
    Geo Method
    $73,988,432
  • Alternative Use

    Use
    Valuation
    Residential
    $67,563,616
    Hospitality
    $61,887,912
    Educational
    $51,490,016
    Medical
    $53,260,836
    Retail
    $80,095,576
6021 Porter Rd, Niagara Falls, New York

Location Insight

City
Niagara Falls
County
Niagara
State
New York
Latitude
43.1066
Longitude
-78.9942
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
0
-
$210,000
$50,000
$260,000
-
$567,565
$135,135
$702,700

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