250 Seneca St Buffalo, NY 14204
- Commercial real estate
- 0.64 lot acres
Nov 07, 2024
Current Use by Public Records
- Commercial real estate
Property Details for 250 Seneca St
- Lot size
- 0.64 lot acres
- Zone code
- N-1S
- Property type
- Commercial real estate
- APN
- 140200 111.71-4-1.1
- APU
- 14020011171411
Description
This exceptional 0.65-acre commercial land parcel presents a unique development opportunity in the heart of Buffalo, New York. Located at the highly visible northeast corner of Seneca Street and Elmira Place, this property boasts a substantial 156' x 178' footprint and is currently improved with a paved and striped parking lot offering 82 spaces. Its strategic location places it within close proximity to the vibrant Central Business District, the popular Sahlen Field, and the burgeoning Larkinville District, ensuring high visibility and accessibility. The property is zoned N-1S (Urban Core), providing flexibility for a range of development projects. Potential uses include mixed-use development, new construction projects, or continued operation as an income-producing parking lot. The asking price for this prime development site is $699,000. This is an exceptional opportunity to acquire a significant piece of land in a rapidly growing area of Buffalo, offering substantial potential for future growth and return on investment. The address is 250 Seneca Street, Buffalo, NY 14204. This property is situated in Erie County and offers a compelling investment prospect for developers seeking a strategic location in a thriving urban environment. The existing parking lot provides immediate income potential while allowing for future development plans.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $350,000
- ML approach
- $350,000
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Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8669
- Latitude
- 42.8794
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA