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    7398 Shawnee Rd North Tonawanda, NY 14120

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    For Sale
    Contact for pricing

    Land parcels suitable for commercial, retail, mixed-use, or multi-family.

    Lot size:
    1.39 Acres

    Property Features for 7398 Shawnee Rd

    General Information

    Lot size
    1.39 Acres

    Source: Donovan Real Estate Services Agent Brian P Donovan

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

    Overview

    Shovel Ready Land Opportunity

    Available land parcels are located at the intersection of Captains Way and Shawnee Rd, less than half a mile from the intersection of Shawnee Rd and Niagara Falls Boulevard in North Tonawanda, the second-largest community in Niagara County. The parcels sit at the entrance to a small development with 13 single-family homes as well as Shawnee Landing, a multi-family unit with 1, 2, 3, and 4-bedroom townhomes. This shovel-ready land is situated next to existing residential and multi-family properties, offering a development opportunity for commercial, retail, mixed-use, or multi-family units. There is potential for 10–14 apartments between the two parcels, with build-to-suit options available. Utilities are available at the site. North Tonawanda is next to the suburbs of West Amherst and Tonawanda in Erie County. Nearby national retailers include Walmart, Wegmans, Starbucks, Tops, McDonald's, SEFCU, Keybank, Northwest Bank, M&T Bank, Dollar Tree, Anytime 24/7 Fitness, Maurice's, Walgreens, and Arby's.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    North Tonawanda
    County
    Niagara
    State
    New York
    Longitude
    -78.835963
    Latitude
    43.063405

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    FAQs

    What type of property is this?
    Land - Land parcels suitable for commercial, retail, mixed-use, or multi-family.
    Where is this land located?
    The property is located at 7398 Shawnee Rd North Tonawanda, NY.
    What are key features of this property?
    This property features: - Shovel-ready land with utilities at the site, significantly reducing initial development costs and time.; - Development opportunity for commercial, retail, mixed-use, or multi-family units, offering flexibility in project design and market adaptation.; - Potential for 10-14 apartments across the two parcels, indicating a viable and potentially profitable residential development project.
    (716) 998-2943
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    7398 Shawnee Rd North Tonawanda, NY 14120
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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
    7398 Shawnee Rd North Tonawanda, NY 14120
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