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    4770 Mckinley Pkwy Hamburg, NY 14075

    Sponsored
    For Sale
    $289,000

    Prime 7.44-acre commercial lot in Hamburg, NY.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.44-acre commercial land parcel presents a unique investment opportunity in Hamburg, New York. Located at 4770 McKinley Parkway, this largely flat and wooded property offers significant potential for various commercial developments. Its convenient location provides easy access to a wealth of amenities and major thoroughfares. Situated just one mile south of McKinley Mall, the property benefits from the proximity of numerous retailers and restaurants, including Wegmans, Aldi, and Home Depot. Furthermore, it's a half-mile from Tops Market, the Village of Hamburg, Buffalo Raceway, the fairgrounds, and the casino, ensuring high visibility and accessibility. The property boasts readily available utilities, including gas, electric, and public water, simplifying development plans. This expansive lot is ideal for businesses seeking a prominent location in a thriving community, offering a blend of rural tranquility and urban convenience. The asking price is $289,000. All reasonable offers will be considered. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location with excellent access to major roadways and a wide range of amenities.

    Property Features for 4770 Mckinley Pkwy

    General Information

    Property type
    Land
    Lot Size
    324,086 SF

    HighLights

    • Convenient Buffalo proximity.
    • Quiet village atmosphere.
    • Abundant nearby amenities.
    • Wooded, level site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Hamburg
    County
    Erie
    State
    New York
    Longitude
    -78.8125319
    Latitude
    42.7567232

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    FAQs

    What type of property is this?
    Land - Prime 7.44-acre commercial lot in Hamburg, NY.
    Where is this land located?
    The property is located at 4770 Mckinley Pkwy Hamburg, NY.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: Convenient Buffalo proximity.; Quiet village atmosphere.; Abundant nearby amenities.
    (716) 834-7777
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    4770 Mckinley Pkwy 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
    4770 Mckinley Pkwy Hamburg, NY 14075
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