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    Park Ave Hamburg, NY 14075

    Sponsored
    For Sale
    $99,000

    15-Acre Development Opportunity in NY

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 15-acre property, located at 0 South Park Ave, Hamburg, NY 14075, presents a unique investment opportunity. Situated directly across from the Hamburg Fairgrounds in Erie County, this land boasts significant road frontage of approximately 400 feet. The property is zoned for a dual purpose, offering flexibility for development. The first 500 feet of depth is zoned C2 General Commercial, allowing for a variety of commercial uses. The remaining acreage is zoned RA - Residential Agricultural, providing additional development potential. The parcel's APN is 144889-183-090-0005-013-100. Please note that a significant portion of the property likely contains wetlands, a factor that must be considered in any development plans. This property is part of a bankruptcy sale, and specific purchasing guidelines apply. Detailed information regarding these guidelines is available upon request. The asking price for this expansive land parcel is $99,000. This presents a rare chance to acquire a large tract of land in a prime location with high visibility and potential for diverse development. Serious inquiries only.

    Property Features for 0 Park Ave

    General Information

    Property type
    Land
    Lot Size
    653,400 SF

    HighLights

    • 15‑acre parcel directly across from the Hamburg Fairgrounds.
    • 400 feet of road frontage.
    • Significant portion likely contains wetlands.
    • C2 General Commercial zoning for the first 500 feet of depth.
    • Remaining acreage zoned RA - Residential Agricultural.
    • Bankruptcy sale; special purchase terms apply; contact agent for details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hamburg
    County
    Erie
    State
    New York
    Longitude
    -78.825453121915
    Latitude
    42.734560505707

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    FAQs

    What type of property is this?
    Land - 15-Acre Development Opportunity in NY
    Where is this land located?
    The property is located at Park Ave Hamburg, NY.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: 15-acre parcel directly across from the Hamburg Fairgrounds.; 400 feet of road frontage.; Significant portion likely contains wetlands.
    (716) 856-7107
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    Park Ave Hamburg, NY 14075
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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
    Park Ave Hamburg, NY 14075
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