Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    220 Meyer Road Buffalo, NY 14226

    View on Map
    Claim this Listing
    For Sale
    $800,000

    COMMERCIAL - Buffalo, NY

    Lot size:
    0.65 Acres
    Added:
    Aug 12, 2025
    Days on Market:
    252
    Last Refresh:
    Apr 20 at 6:06 pm

    Property Features for 220 Meyer Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Exterior features
    ConcreteDriveway, GravelDriveway, Landscaping
    Standard status
    Active
    APN
    142289-054-140-0001-018-000
    Lot size
    0.65 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1078

    We can help!

    Listing Contact
    Brittany Williams

    Listing agent Brittany Williams License #10401319484

    Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY

    Listing date Aug 12, 2025

    MLS# B1629666 Listing URL

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Lot in Amherst

    This 0.65-acre commercial lot is located at the corner of Bailey Avenue and Meyer Road in Amherst, NY. The site benefits from 133 feet of frontage and 213 feet of depth. The property is zoned CTR-5, allowing for retail, service-oriented businesses, commercial or mixed-use buildings, multifamily housing, residential developments, professional offices, medical buildings, and live/work units. The location offers high daily traffic counts and exposure to passing vehicles and pedestrians. It is situated near a new Costco, a Dick's Sporting Goods, LaserTron, and Tops Friendly Markets. The property is surrounded by residential developments, including a large apartment complex and established neighborhoods, and is adjacent to the US Post Office. The lot is located within the Sweet Home School District and offers municipal water, sewer, and utilities. It is also located minutes from the I-290. The flat, buildable lot includes mature trees for landscaping. This site is suitable for a retail storefront, office building, or multifamily complex.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.814985
    Latitude
    42.993914

    Nearby Similar for Sale

    • $1,000,000
      11,760 SF

      Prime Commercial Investment Opportunity

      High-visibility commercial building with diversified income and strong upside potential.
      3435 Harlem Road, Buffalo, NY 14225
      View Details
    • $699,900
      3,641 SF

      Main Street Mixed-Use Investment

      Renovated 5-unit commercial property on Main Street, Buffalo.
      4444 Main Street, Buffalo, NY 14226
      View Details
    • $875,000
      8,357 SF

      Auto Repair Shop For Sale

      Turnkey auto repair shop with national tenant and high visibility.
      874 Niagara Falls Boulevard, Buffalo, NY 14223
      View Details
    • $549,900
      10,908 SF

      Turn-Key Restaurant with Warehouse

      Restaurant, renovated apartment, and warehouse for diverse income streams.
      898 Genesee Street, Buffalo, NY 14211
      View Details
    • $519,999
      6,119 SF

      Harlem Road Commercial Opportunity

      6,119 Sqft building on 0.62-acre lot in high-traffic location.
      1113- 1125 Harlem Road, Buffalo, NY 14227
      View Details
    • $599,900
      5,196 SF

      Two Buffalo Office Buildings

      Two professional office buildings with long-term tenants and flexible suites.
      932 French Road, Buffalo, NY 14227
      View Details
    • $519,999
      6,119 SF

      Harlem Road Commercial Opportunity

      High-traffic location suitable for office, retail, or mixed-use redevelopment.
      1113- 1125 Harlem Road, Buffalo, NY 14227
      View Details
    • $850,000
      17,254 SF

      Office Building in "AS IS" Condition

      Office property for sale in "AS IS" condition.
      200 MILITARY Road, Buffalo, NY 14207
      View Details
    • $350,000
      2,521 SF

      Spacious Multifamily Property with Business Potential

      Versatile property with multi-generational living and income potential.
      20 East Avenue, Buffalo, NY 14224
      View Details
    • $800,000

      Prime Amherst Development Opportunity

      0.65 acre commercial lot in a high-traffic area.
      220 Meyer Road, Buffalo, NY 14226
      View Details
    • $649,900
      5,040 SF

      Solid Brick Four-Unit Apartment Building

      Four-unit building with income potential near amenities and major routes.
      476 Moselle Street, Buffalo, NY 14215
      View Details
    • $699,900
      2,911 SF

      Renovated Buffalo Duplex: Turnkey Investment

      Fully renovated duplex in Buffalo, ideal for investment or owner-occupancy.
      23 Oxford Avenue, Buffalo, NY 14209
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.65 acre commercial lot near new Costco.
    Where is this commercial land located?
    The property is located at 220 Meyer Road Buffalo, NY.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Prime 0.65‑acre corner lot with 133 ft frontage on Bailey Ave and 213 ft depth, in a high‑visibility location.; CTR‑5 zoning allows for diverse development options: retail, commercial, mixed‑use, multifamily, offices, and live/work spaces.; Located near the new Costco, Dick's Sporting Goods, LaserTron, and Tops, driving significant traffic.
    (716) 390-3116
    We can help!
    Listing Contact
    Brittany Williams
    Real Estate License ID: 10401319484
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!