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    1005 Mckinley Pkwy Buffalo, NY 14220

    Sponsored
    For Sale
    $325,000

    South Buffalo commercial lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.35-acre mixed-use property at 1005 McKinley Parkway in Buffalo, NY (zip code 14220), presents a prime redevelopment opportunity. Currently zoned D-S, this site boasts a strategic location along a heavily trafficked corridor, averaging over 13,500 vehicles daily. Its proximity to the intersection of McKinley Parkway and Abbott Road (less than 0.15 miles) and the I-190 further enhances its visibility and accessibility. Previously a gas station, the site has undergone environmental remediation to meet New York State Department of Environmental Conservation (NYS DEC) standards, eliminating potential environmental liabilities for the future owner. The asking price for this property is $325,000. The property is suitable for various uses, including restaurant, storefront, and traditional office spaces, making it an attractive investment for developers seeking a high-traffic location in a thriving South Buffalo area. This is a For Sale By Owner listing. The property is owned by 8112 Group, LLC.

    Property Features for 1005 Mckinley Pkwy

    General Information

    Property type
    Individual retail properties
    Lot Size
    15,246 SF

    HighLights

    • 0.35‑acre mixed‑use lot in South Buffalo, NY (14220) at 1005 McKinley Parkway.
    • High‑traffic location with over 13,500 vehicles daily.
    • Excellent visibility near McKinley Parkway & Abbott Road intersection and I‑190.
    • Completed environmental remediation to NYS DEC standards.
    • $325,000 asking price; For Sale By Owner (FSBO).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.824536849714
    Latitude
    42.858209828392

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    FAQs

    What type of property is this?
    Individual retail property - South Buffalo commercial lot, high traffic.
    Where is this individual retail property located?
    The property is located at 1005 Mckinley Pkwy 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: 0.35-acre mixed-use lot in South Buffalo, NY (14220) at 1005 McKinley Parkway.; High-traffic location with over 13,500 vehicles daily.; Excellent visibility near McKinley Parkway & Abbott Road intersection and I-190.
    Request Owner's contact information
    1005 Mckinley Pkwy 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
    1005 Mckinley Pkwy Buffalo, NY 14220
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