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    193 Ship Canal Pkwy Buffalo, NY 14218

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    For Sale
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    9.45 Acres, Flex Commercial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.45-acre parcel is located within Buffalo Lakeside Commerce Park, a thriving "smart growth" urban commerce park on reclaimed waterfront land in Buffalo, NY. The site boasts a D-C Flex Commercial zoning designation and is shovel-ready, having undergone extensive site preparation including geo-technical analysis, demolition, site clearance, and road/utility/infrastructure construction. Over $30 million in public and private investment has been dedicated to this premier brownfield redevelopment project. The property offers unparalleled access to major transportation arteries, including proximity to Route 5 (0.7 miles), I-90/NYS Thruway (3.4 miles), and the Peace Bridge/Canada (6.5 miles). This location benefits from multi-modal transportation opportunities. Potential tax incentives are available through the NYS Brownfield Cleanup Program (BCP) and the NYS Excelsior Program (Investment Zone). The site is also situated within a New York Power Authority Hydropower Zone. A completed Generic Environmental Impact Statement for SEQR is available. This is a unique opportunity to capitalize on the revitalization of Buffalo's waterfront and the significant infrastructure investments already made. The property is offered at $50,000 per acre. An additional 12.17-acre site is also available nearby.

    Property Features for 193 Ship Canal Pkwy

    General Information

    Property type
    Land
    Lot Size
    411,642 SF

    HighLights

    • 9.45‑acre commercial/industrial land parcel in Buffalo, NY's Lakeside Commerce Park.
    • Located at 193 Ship Canal Pkwy, Buffalo, NY 14218.
    • D‑C Flex Commercial zoning.
    • $50,000 per acre.
    • Shovel‑ready site with completed environmental impact statement.
    • Excellent highway access to Route 5, I‑90, and the Peace Bridge.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.845845
    Latitude
    42.833013

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    FAQs

    What type of property is this?
    Land - 9.45 Acres, Flex Commercial Zoning
    Where is this land located?
    The property is located at 193 Ship Canal Pkwy Buffalo, NY.
    What are key features of this property?
    This property features: 9.45-acre commercial/industrial land parcel in Buffalo, NY's Lakeside Commerce Park.; Located at 193 Ship Canal Pkwy, Buffalo, NY 14218.; D-C Flex Commercial zoning.
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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
    193 Ship Canal Pkwy Buffalo, NY 14218
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