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3049 Orchard Park Rd 5,850 SF Retail Building Orchard Park, NY 14127 $2,600,000 ($444.44/SF) 6.10% Cap Rate
Investment Highlights
- Absolute Net Opportunity.
Executive Summary
Freestanding single story investment property. Class A credit bank tenant centrally located near the five corners in Orchard Park, NY. Property situated on 1.2 acres consisting of 5850 SF with drive-thru and ample on site parking. Property is on Union and Orchard Park Roads with similar accesses on both, doubling traffic count. Six years remaining on current lease with two (2) five year options. Absolute net lease with 6.1% cap rate.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$34,000
|
$5.81
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$34,000
|
$5.81
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $34,000 |
| Annual Per SF | $5.81 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $34,000 |
| Annual Per SF | $5.81 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
5,850 SF
Building Class
C
Year Built
1966
Price
$2,600,000
Price Per SF
$444.44
Cap Rate
6.10%
NOI
$158,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.20 AC
Zoning
B2
Parking
60 Spaces (10.26 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 146089-152-120-0002-018-000 | Total Assessment | $574,450 (2024) |
| Land Assessment | $200,000 (2024) | Annual Taxes | $34,000 ($5.81/SF) |
| Improvements Assessment | $374,450 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
146089-152-120-0002-018-000
Land Assessment
$200,000 (2024)
Improvements Assessment
$374,450 (2024)
Total Assessment
$574,450 (2024)
Annual Taxes
$34,000 ($5.81/SF)
Tax Year
2025
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3049 Orchard Park Rd
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