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    Genesee St Alden, NY 14004

    Sponsored
    For Sale
    $295,000

    Prime Alden acreage, multi-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional offering encompasses two parcels totaling 46.68 acres of undeveloped land situated in Alden, New York, along Genesee Street. The property presents a unique opportunity for diverse development possibilities. Its zoning allows for commercial ventures, including warehousing or the construction of a storage facility. The substantial acreage also lends itself to potential mining operations (subject to necessary permits and approvals). Alternatively, the land could be developed for residential use, potentially accommodating multi-family dwellings. An existing easement ensures convenient access to both parcels. The asking price for this expansive property is $295,000. This presents a compelling investment opportunity given the land's size, location, and versatile zoning. The property's location in Alden, Erie County, New York, offers convenient access to major transportation routes and established infrastructure. Serious inquiries are encouraged to explore the full potential of this significant land holding. The property is located at 0 Genesee St, Alden, NY 14004.

    Property Features for 0 Genesee St

    General Information

    Property type
    Land
    Lot Size
    2,029,896 SF

    HighLights

    • $295,000 asking price.
    • 46.6‑acre land parcel.
    • Located at 0 Genesee St, Alden, NY 14004.
    • Zoned for commercial, industrial, and residential uses; potential for mining.
    • Includes two parcels with existing easement for access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alden
    County
    Erie
    State
    New York
    Longitude
    -78.572151994906
    Latitude
    42.946191303989

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    FAQs

    What type of property is this?
    Land - Prime Alden acreage, multi-use potential.
    Where is this land located?
    The property is located at Genesee St Alden, NY.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: $295,000 asking price.; 46.6-acre land parcel.; Located at 0 Genesee St, Alden, NY 14004.
    Request Owner's contact information
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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
    Genesee St Alden, NY 14004
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