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

    49 E Courtney St Dunkirk, NY 14048

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

    4000 sq ft vacant lot near shopping and banking.

    Type:Land
    Added:
    Apr 26, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 26 at 2:05 pm

    Property Features for 49 E Courtney St

    General Information

    Standard status
    Active
    Property subtype
    Land

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Tena M Smith

    Listing agent Tena M Smith

    Listing office

    Listing date Apr 26, 2026

    Source Elliman

    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 Tena M Smith

    Overview

    Vacant Lot Near Amenities

    This property features a 4000 sq ft vacant lot with access to public water and sewer. Off-street parking is available. The location provides proximity to shopping, banking, and various eateries. The bike score is 39, indicating it is somewhat bikeable, and the walk score is 38, suggesting car dependence.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dunkirk
    County
    Chautauqua
    State
    New York
    Longitude
    -79.3232891
    Latitude
    42.4786454

    Nearby Similar for Sale

    • $750,000
      7,000 SF

      Auto/Truck Garage on 10 Acres

      Well-equipped auto/truck service facility for sale or lease.
      4849 W Lake Rd, Dunkirk, NY 14048
      View Details
    • $749,999
      8,000 SF

      Auto/Truck Garage on 10 Acres

      Auto/truck garage with office and warehouse space on 10 acres.
      4849 West Lake Road, Dunkirk, NY 14048
      View Details
    • $119,900
      1,664 SF

      Dunkirk Two-Unit Investment Opportunity

      Two-unit home in Dunkirk, NY with solid rental income.
      638 Deer Street, Dunkirk, NY 14048
      View Details
    • $79,900
      1,593 SF

      Two-Unit Property with Garage

      Two-unit property with garage, extra lot, and off-street parking.
      447 Hoyt Street, Dunkirk, NY 14048
      View Details
    • $129,900
      1,875 SF

      Dunkirk Two-Unit Apartment Building

      Two spacious 2-bedroom units on a desirable corner lot.
      103 E 7th Street, Dunkirk, NY 14048
      View Details
    • $1,490,000
      38,535 SF

      Former SUNY Campus For Sale

      38,535 SF building on 9.8 acres near I-90.
      10807 Bennett Rd, Dunkirk, NY 14048
      View Details
    • $199,000

      59 Acres Development Opportunity, Dunkirk

      59 acres of R2 zoned land near Lake Erie.
      Urban Road, Dunkirk, NY 14048
      View Details
    • $1,600,000
      13,944 SF

      Waterfront Restaurant and Banquet Venue

      Turnkey restaurant/banquet venue with seating for 450+ overlooking Chadwick Bay.
      6 Lake Shore Dr W, Dunkirk, NY 14048
      View Details
    • $199,000
      5,690 SF

      Turnkey Restaurant and Retail Spaces

      Profitable restaurant and retail property in revitalizing downtown Dunkirk.
      332 Central Ave, Dunkirk, NY
      View Details
    • $50,000
      4,201 SF

      Dunkirk Multi-Family Renovation Opportunity

      Two-unit property in Dunkirk, ready for renovation.
      501 Deer St, Dunkirk, NY 14048
      View Details
    • $799,000
      38,535 SF

      Former SUNY Campus Available

      Turn-key 38,535 SF former campus for lease.
      10807 Bennett Rd, Dunkirk, NY
      View Details
    • $1,409,898
      6,131 SF

      Advance Auto Parts Investment Property

      6,131 SF Advance Auto Parts NN asset for sale.
      4029 Vineyard Dr, Dunkirk, NY
      View Details

    FAQs

    What type of property is this?
    Land - 4000 sq ft vacant lot near shopping and banking.
    Where is this land located?
    The property is located at 49 E Courtney St Dunkirk, NY.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Vacant 4000 sq ft lot offers development potential.; Public water and sewer connections available.; Off‑street parking.
    (585) 437-2591
    We can help!
    Listing Contact
    Tena M Smith
    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!