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    903 Ellicott St Buffalo, NY 14209

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    For Sale
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    4.91 Acres, Prime Location, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 4.91-acre development site presents a unique opportunity in Buffalo, NY's vibrant downtown core. Situated along Ellicott and North Streets, this property boasts approximately 418 feet of frontage on Ellicott Street and 407 feet on North Street, offering unparalleled visibility and accessibility. Its strategic location within the Buffalo Niagara Medical Campus (BNMC) area provides proximity to world-class healthcare, research, and educational institutions, creating a strong foundation for a mixed-use development. The site's potential uses are diverse, encompassing commercial, medical, retail, hospitality, and multi-family options, allowing for the creation of a dynamic and thriving city block. Further enhancing its appeal, this property is potentially eligible under the New York State Brownfield Cleanup Program and is located within a Qualified Opportunity Zone, offering significant financial incentives. An overlay zoning effort is underway to further unlock redevelopment potential. Convenient access to public transportation, including the Buffalo Metro Rail and bus stops, adds to its desirability. The surrounding area offers a blend of modern amenities and historic charm, including spacious parks, iconic architecture, and professional sports venues, all within a cost-effective and convenient urban setting. This is a rare chance to build a landmark project in a rapidly growing and desirable location.

    Property Features for 903 Ellicott St

    General Information

    Property type
    Land

    HighLights

    • Downtown Buffalo, NY development opportunity adjacent to Buffalo Niagara Medical Campus (BNMC).
    • Last available brownfield‑eligible parcel in this prime location.
    • BNMC proximity offers access to world‑class healthcare, research, and education.
    • Site ideal for mixed‑use development including medical, retail, hospitality, and multi‑family uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.865605
    Latitude
    42.902758

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    FAQs

    What type of property is this?
    Land - 4.91 Acres, Prime Location, Mixed-Use Potential
    Where is this land located?
    The property is located at 903 Ellicott St Buffalo, NY.
    What are key features of this property?
    This property features: Downtown Buffalo, NY development opportunity adjacent to Buffalo Niagara Medical Campus (BNMC).; Last available brownfield-eligible parcel in this prime location.; BNMC proximity offers access to world-class healthcare, research, and education.
    (716) 908-8644
    Request Owner's contact information
    903 Ellicott St Buffalo, NY 14209
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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
    903 Ellicott St Buffalo, NY 14209
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