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    1535 Park Ave Buffalo, NY 14220

    Sponsored
    For Sale
    $70,000

    Prime 0.12-acre lot, commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 0.12-acre parcel of land presents a remarkable investment opportunity in the heart of Buffalo, New York. Located at 1535 South Park Ave, this property is zoned for commercial use, offering a diverse range of development possibilities. The land's versatility allows for a variety of commercial ventures, including retail establishments, restaurants, or office spaces. Its strategic location within a thriving neighborhood ensures high visibility and accessibility. The property is conveniently situated in Erie County, NY, with a zip code of 14220. The asking price for this exceptional piece of land is $70,000. The annual sewer tax is $17.28. This is a rare chance to acquire a commercially zoned lot in a vibrant and growing area, ideal for entrepreneurs and investors seeking to establish a presence in a bustling community. Don't miss this opportunity to build your business in a prime South Buffalo location. The property's coordinates are 42.8561399 latitude and -78.8289319 longitude. This land is also suitable for industrial and residential uses.

    Property Features for 1535 Park Ave

    General Information

    Property type
    Land
    Lot Size
    5,227 SF

    HighLights

    • 0.12‑acre commercially zoned lot in Buffalo, NY.
    • Located at 1535 South Park Ave, Buffalo, NY 14220.
    • $70,000 asking price.
    • Suitable for retail, restaurant, office, or industrial uses.
    • High visibility and accessibility in a thriving South Buffalo neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -78.8289319
    Latitude
    42.8561399

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    FAQs

    What type of property is this?
    Land - Prime 0.12-acre lot, commercial zoning.
    Where is this land located?
    The property is located at 1535 Park Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: 0.12-acre commercially zoned lot in Buffalo, NY.; Located at 1535 South Park Ave, Buffalo, NY 14220.; $70,000 asking price.
    Request Owner's contact information
    1535 Park Ave Buffalo, NY 14220
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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
    1535 Park Ave Buffalo, NY 14220
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