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1430 Colvin Blvd 3,821 SF Office Building Buffalo, NY 14223 $900,000 ($235.54/SF) 8.15% Cap Rate
Investment Highlights
- Fully occupied Investment opportunity
Executive Summary
Presenting a compelling investment opportunity in the Buffalo area, this fully leased 3,821 SF building, constructed in 1979 and zoned A, offers a secure income stream with the current agreement set to expire in approximately five years. Ideal for investors seeking stability and potential, as well as longer-term owner/users looking to secure a prime asset, this property embodies lasting value and opportunity. With 100% occupancy and versatile spaces designed to meet modern tenant needs, this offering is perfectly positioned to capitalize on the thriving commercial landscape in the Buffalo area.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
3,821 SF
Building Class
C
Year Built
1979
Price
$900,000
Price Per SF
$235.54
Cap Rate
8.15%
NOI
$73,350
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,821 SF
Building FAR
0.23
Lot Size
0.39 AC
Zoning
A - Commercial
Parking
13 Spaces (3.4 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Owner LLC
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Owner LLC | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Property Taxes
| Parcel Number | 146489-066-400-0001-009-000 | Total Assessment | $207,000 (2024) |
| Land Assessment | $49,600 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $157,400 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
146489-066-400-0001-009-000
Land Assessment
$49,600 (2024)
Improvements Assessment
$157,400 (2024)
Total Assessment
$207,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1430 Colvin Blvd
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