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    2005 Niagara Fls Blvd Amherst, NY 14228

    Sponsored
    For Sale
    $1,999,000

    High-traffic medical buildings, great potential.

    Property size:
    18,890 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional investment opportunity presents two medical office buildings totaling nearly 19,000 square feet situated on a prime 0.97-acre lot in Amherst, NY. The property boasts an impressive 290 feet of frontage on the heavily trafficked Niagara Falls Boulevard, experiencing daily traffic counts of almost 50,000 vehicles. Ample parking is available with approximately 80 spaces, conveniently accessed via two curb cuts. Currently occupied by multiple tenants, this property offers significant upside potential for increased rental income. The General Business (GB) zoning allows for a wide range of development and redevelopment possibilities, making it an attractive option for investors seeking to capitalize on the strong demand for medical office space in this thriving area. The buildings are well-maintained and offer a solid foundation for future growth. The high visibility location and substantial traffic volume ensure excellent exposure for tenants, contributing to a strong rental market. This is a rare opportunity to acquire a well-positioned, income-producing property with significant long-term growth potential. The substantial lot size also presents possibilities for expansion or future development. Don't miss this chance to own a piece of Amherst's thriving commercial landscape.

    Property Features for 2005 Niagara Fls Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    18,890 SF
    Lot Size
    42,253 SF

    Building Details

    Year Built
    1968
    Location Intelligence

    Current Use by Public Records

    Jones Jason DDS Dentist National Debt Assistance ... Mediation Service Jackson Cambridge Law ... Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Erie
    State
    New York
    Longitude
    -78.82182
    Latitude
    43.00839

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic medical buildings, great potential.
    Where is this commercial real estate located?
    The property is located at 2005 Niagara Fls Blvd Amherst, NY.
    What is the asking price?
    The asking price for this property is $1,999,000.
    (716) 856-7107
    Request Owner's contact information
    2005 Niagara Fls Blvd Amherst, NY 14228
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    Realmo Value Estimation

    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.

    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.

    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
    2005 Niagara Fls Blvd Amherst, NY 14228
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