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    4185 Bolivar Rd Wellsville, NY 14895

    Sponsored
    For Sale
    $675,000

    1.58 Acres, Endless Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.58-acre commercial land parcel presents a unique development opportunity in Wellsville, New York. Located at 4185 Bolivar Rd, this property boasts 212 feet of road frontage and is comprised of two contiguous parcels totaling 1.58 acres. One parcel measures 0.75 acres, while the adjacent parcel spans 0.83 acres. The asking price for the combined 1.58-acre parcel is $675,000. Importantly, this property is situated in an area with "No Zoning" designation within the Town of Wellsville. This absence of zoning restrictions unlocks a wide array of potential uses and development scenarios, freeing developers from typical zoning limitations. The property's location in Allegany County, New York, offers convenient access to local amenities and transportation routes. The expansive lot size and flexible zoning provide a blank canvas for creative and lucrative development projects. This shovel-ready site is ideal for entrepreneurs and investors seeking a prime location with significant upside potential. The property's address is 4185 Bolivar Rd, Wellsville, NY 14895. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for 4185 Bolivar Rd

    General Information

    Property type
    Land
    Lot Size
    68,825 SF

    HighLights

    • $675,000 asking price for 0.75 acres.
    • 1.58‑acre commercial land parcel available.
    • Located at 4185 Bolivar Rd, Wellsville, NY 14895.
    • No zoning restrictions.
    • Shovel‑ready development opportunity.
    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 Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wellsville
    County
    Allegany
    State
    New York
    Longitude
    -77.9668606
    Latitude
    42.1263725

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    FAQs

    What type of property is this?
    Land - 1.58 Acres, Endless Development Potential
    Where is this land located?
    The property is located at 4185 Bolivar Rd Wellsville, NY.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: $675,000 asking price for 0.75 acres.; 1.58-acre commercial land parcel available.; Located at 4185 Bolivar Rd, Wellsville, NY 14895.
    Request Owner's contact information
    4185 Bolivar Rd Wellsville, NY 14895
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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
    4185 Bolivar Rd Wellsville, NY 14895
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