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Property profile & analytics

250 Seneca St Buffalo, NY 14204

  • Commercial real estate
  • 0.64 lot acres
OFF-MARKET
Last Sale
Nov 07, 2024
$350,000
Value Estimations
$350,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-1811685
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $350,000
    ML approach
    $350,000

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,251
$277,700
$155,400
$433,100
-
$396,714
$222,000
$618,714
More about this property
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