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    100 Mckesson Pkwy Buffalo, NY 14225

    Sponsored
    For Sale
    $3,799,000

    6-Acre Multifamily Development Site in Buffalo, NY

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.08-acre commercial and residential land parcel, located at 100 McKesson Parkway in Buffalo, New York, presents a remarkable opportunity for high-density multifamily development. Zoned RA Apartment District, this site boasts approved plans for up to 340 units, offering significant potential for substantial returns. Its prime location within the bustling Cheektowaga area, a first-ring suburb of Buffalo, places it adjacent to the Walden Galleria, the largest indoor shopping mall in the Buffalo-Niagara Falls MSA, and a vibrant retail corridor. The property benefits from full utilities (natural gas, electric, sewer, and water), ensuring seamless construction. With a density of 50+ units per acre, developers can realize cost savings on civil infrastructure compared to less dense suburban locations. Residents will enjoy convenient access to major highways (I-90/NYS Thruway, Exit 52, and Route 33), the Buffalo Niagara International Airport (2 miles), and downtown Buffalo (15-minute drive). The property is also served by the Cheektowaga-Maryvale Union Free School District, consistently ranked among the top 10 in the Buffalo area. This strategic location, combined with its zoning and infrastructure, makes this a truly exceptional investment opportunity. Asking price is $3,799,000.

    Property Features for 100 Mckesson Pkwy

    General Information

    Property type
    Land
    Lot Size
    264,845 SF

    HighLights

    • 6.08‑acre site, part of two adjacent parcels.
    • RA Apartment District zoning; approved for up to 340 units.
    • Full utilities available: natural gas, electric, sewer, and water.
    • High density (50+ units/acre) reduces infrastructure costs.
    • Prime suburban location near shopping, restaurants, and major highways.
    • Cheektowaga‑Maryvale Union Free School District (top 10 in Buffalo).
    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 Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.75881729634
    Latitude
    42.914352093787

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    FAQs

    What type of property is this?
    Land - 6-Acre Multifamily Development Site in Buffalo, NY
    Where is this land located?
    The property is located at 100 Mckesson Pkwy Buffalo, NY.
    What is the asking price?
    The asking price for this property is $3,799,000.
    What are key features of this property?
    This property features: 6.08-acre site, part of two adjacent parcels.; RA Apartment District zoning; approved for up to 340 units.; Full utilities available: natural gas, electric, sewer, and water.
    Request Owner's contact information
    100 Mckesson Pkwy Buffalo, NY 14225
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    Buffalo, NY 14225
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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
    100 Mckesson Pkwy Buffalo, NY 14225
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