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

    184 Abbott Rd Buffalo, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    5,666 SF retail, medical, or office space in Buffalo.

    Type:RETAIL
    Property size:
    5,666 SF
    Lot size:
    0.68 Acres
    Added:
    Oct 31, 2023
    Days on Market:
    917
    Last Refresh:
    Apr 5 at 11:24 pm

    Property Features for 184 Abbott Rd

    General Information

    Standard status
    Active
    Size
    5,666 SF
    Lot size
    0.68 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Jacob Rivera

    Listing agent Jacob Rivera

    Listing office Caliber Commercial Brokerage, LLC

    Listing date Oct 31, 2023

    Source Moodyscre

    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 Caliber Commercial Brokerage, LLC

    Overview

    South Buffalo Retail/Office/Medical Space

    Located on Abbott Rd in South Buffalo, this property offers 5,666 square feet of retail, medical, or office space. Situated on the heavily traveled corridor of Abbott Rd, the property is near the intersection of Abbott Rd and McKinley Pkwy. The property includes ample parking and good visibility on a 0.75+/- acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8221
    Latitude
    42.8559

    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 Space

      Restaurant, office, and warehouse with income and growth potential.
      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
    • $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
    • $515,900
      4,022 SF

      Restored Double in Park Meadow

      Updated duplex with classic charm in Buffalo's Park Meadow.
      121 Fordham Drive, Buffalo, NY 14216
      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
    • $479,900
      3,952 SF

      Spacious Two-Family Home on Double Lot

      Two-family home with spacious layout, original details, and large lot.
      47 Fargo Avenue, Buffalo, NY 14201
      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?
    Retail space - 5,666 SF retail, medical, or office space in Buffalo.
    Where is this retail space located?
    The property is located at 184 Abbott Rd Buffalo, NY.
    What are key features of this property?
    This property features: 5,666 SF of retail, medical, or office space available; Located on heavily traveled Abbott Rd corridor; Close to the intersection of Abbott Rd & McKinley Pkwy
    (585) 454-4500 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jacob Rivera
    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

    Thank You for Inquiry
    184 Abbott Rd, Buffalo, NY
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!