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    1002 Abbott Rd Buffalo, NY 14220

    Sponsored
    For Sale
    $325,000

    South Buffalo Commercial Property: High Traffic Location

    Property size:
    2,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,700 square foot retail building, situated on a 0.36-acre corner lot at the high-traffic intersection of Abbott Road and Cushing Place in South Buffalo, NY (14220), presents a unique investment opportunity. Previously used as a gas station and auto repair shop, the single-story, 1947-built structure has been vacant since the mid-2000s and is now a shovel-ready site. All necessary environmental remediation has been completed, including UST closure and asbestos abatement to DEC standards. The property boasts ample on-site parking and three-phase electrical service, making it ideal for a variety of businesses. Its N-3E zoning allows for diverse commercial uses. The asking price is $325,000, translating to $120.37 per square foot. This prime development site offers significant potential for a savvy investor seeking a high-traffic location in a thriving South Buffalo commercial corridor. The property's APN is 133.74-2-33. This is a one-unit building with one building on the property.

    Property Features for 1002 Abbott Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,700 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1947
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Corner lot with ample on‑site parking.
    • Prime development opportunity.
    • High‑traffic location.
    • Shovel‑ready site, ideal for immediate construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery 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
    -78.807193298404
    Latitude
    42.837119241546

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    FAQs

    What type of property is this?
    Individual retail property - South Buffalo Commercial Property: High Traffic Location
    Where is this individual retail property located?
    The property is located at 1002 Abbott Rd Buffalo, NY.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Corner lot with ample on-site parking.; Prime development opportunity.; High-traffic location.
    Request Owner's contact information
    1002 Abbott Rd Buffalo, NY 14220
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    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
    1002 Abbott Rd Buffalo, NY 14220
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