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    Redevelopment Site on Niagara Falls Title is generated by Realmo AI

    7560 Niagara Falls Blvd., Niagara Falls, NY 14304

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    For Sale
    $1,279,000

    Redevelopment opportunity near Niagara Consumer Square Plaza.

    Type:Redevelopment
    Added:
    Nov 25, 2025
    Days on Market:
    177
    Last Refresh:
    Apr 16 at 5:55 pm

    Property Features for 7560 Niagara Falls Blvd.

    General Information

    Standard status
    Active
    Property subtype
    Redevelopment

    We can help!

    Listing Contact
    Rick Recckio
    Rick Recckio

    Listing agent Rick Recckio License #NY #31RE0821429

    Listing office Recckio Real Estate & Development

    Listing date Nov 25, 2025

    Source Recckio

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Recckio Real Estate & Development

    HighLights

    • Prime redevelopment site with C‑3 General Commercial zoning.
    • Excellent location on Niagara Falls Blvd. with high traffic counts and visibility.
    • Located next to Niagara Consumer Square Plaza with major retailers like Tops, Target, and TJ Maxx.
    • Easy access to I‑190 and LaSalle Expressway, and only a 1/2 mile from I‑90.
    • Ample parking with two separate curb cuts.
    • 1.47 +/- acre lot with 200' +/- frontage and 315' +/- depth.

    Overview

    This redevelopment site is located next to Niagara Consumer Square Plaza, which features a variety of businesses. The property is also situated near a Super 8 motel and Quality Inn Hotel. Built in 1938 and zoned C-3 General Commercial, the building sits on approximately 1.47 acres with approximately 200 feet of frontage and approximately 315 feet of depth. An ample amount of parking is available, with two separate curb cuts for accessibility. The location is ideal for a quick-service restaurant. The site experiences high traffic counts on Niagara Falls Boulevard and offers visibility from both directions. It is located half a mile from I-90 New York State Thruway. Situated between the NYS Thruway I-190 and Military Road, the property is minutes from various national restaurants and retailers, including Fashion Outlets of Niagara Falls USA. Easy access to NYS I-190 and LaSalle Expressway is available. The property is located in one of the largest shopping markets in the area, half a mile from the New York State Thruway I-190 on/off Exit 22.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Seedlings Tree & Stump ... Landscaping

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Wegmans Floral — 1577 military rd, niagara falls, ny 14304
    • Sam's Club Floral — 1580 Military Rd, Niagara Falls, NY 14304

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -78.9774
    Latitude
    43.0884

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    FAQs

    What type of property is this?
    Storefront property - Redevelopment opportunity near Niagara Consumer Square Plaza.
    Where is this storefront property located?
    The property is located at 7560 Niagara Falls Blvd. Niagara Falls, NY.
    What is the asking price?
    The asking price for this property is $1,279,000.
    What are key features of this property?
    This property features: Prime redevelopment site with C‑3 General Commercial zoning.; Excellent location on Niagara Falls Blvd. with high traffic counts and visibility.; Located next to Niagara Consumer Square Plaza with major retailers like Tops, Target, and TJ Maxx.
    (716) 998-4422
    We can help!
    Listing Contact
    Rick Recckio
    Rick Recckio
    Real Estate License ID: NY #31RE0821429
    Learn More
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    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.

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