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    3656 Milestrip Rd Buffalo, NY 14219

    Sponsored
    For Sale
    $899,999

    33,000 SF Mixed-Use Opportunity

    Property size:
    33,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 33,000 square foot property, the former Woodlawn Elementary School, presents a unique redevelopment opportunity in Buffalo, NY. Located at 3656 Milestrip Rd, this two-story, Class C building sits on a generous 3-acre lot and offers immense potential for various uses. Built in 1936, the structure boasts distinctive architecture and high ceilings, evident in the converted large classrooms currently used as office space. The property's history as a school and more recent use as corporate office space and a call center provides a solid foundation for adaptive reuse. Key features include a full-size gymnasium with a traditional theater stage, ample on-site parking, and the potential for multi-family, senior living, or full-office conversion. The asking price is $899,999, translating to $12 per square foot. This prime location in Erie County (zip code 14219) offers easy access to Buffalo's amenities and a strong potential for a high return on investment. The expansive layout and existing infrastructure provide a significant advantage for developers seeking a unique and substantial project. This is a rare chance to acquire a substantial property with significant historical character and considerable redevelopment potential. Don't miss this chance to transform this landmark building into a thriving mixed-use development.

    Property Features for 3656 Milestrip Rd

    General Information

    Property type
    Retirement homes
    Square Feet
    33,000 SF
    Class
    C
    Lot Size
    130,680 SF

    Building Details

    Year Built
    1936
    Stories
    2

    HighLights

    • 33,000 SF former school building in Buffalo, NY, on a 3‑acre lot.
    • Two‑story Class C building with high ceilings and distinctive architecture.
    • $899,999 asking price ($27/SF).
    • Features a full‑size gymnasium and ample parking.
    • Suitable for multi‑family, senior living, or office conversion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Leo James Mae ... Financial Consultant The Superior Plan Investment Company CORECC Computer Networking Service WINC Internet Service Provider Publishers National Associated ... Publisher

    Suggested Use

    Realty agency Restaurant Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8440196
    Latitude
    42.7959096

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    FAQs

    What type of property is this?
    Retirement home - 33,000 SF Mixed-Use Opportunity
    Where is this retirement home located?
    The property is located at 3656 Milestrip Rd Buffalo, NY.
    What is the asking price?
    The asking price for this property is $899,999.
    What are key features of this property?
    This property features: 33,000 SF former school building in Buffalo, NY, on a 3-acre lot.; Two-story Class C building with high ceilings and distinctive architecture.; $899,999 asking price ($27/SF).
    Request Owner's contact information
    3656 Milestrip Rd Buffalo, NY 14219
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    Buffalo, NY 14219
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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
    3656 Milestrip Rd Buffalo, NY 14219
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