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    284 Ellicott Rd West Falls, NY 14170

    Sponsored
    For Sale
    $1,000,000

    Prime Industrial Land: 40 Acres, $1M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 40-acre parcel of industrial land presents a significant investment opportunity in West Falls, New York. Located at 284 Ellicott Road, this property boasts a highly desirable location, situated next to 5 Star Equipment, ensuring excellent visibility and accessibility. The asking price for this expansive tract is $1,000,000, translating to $25,000 per acre. Given its size and strategic placement, this land is ideally suited for a variety of industrial uses, offering substantial potential for development and growth. The property is classified as industrial land and is situated in Erie County, New York, with a zip code of 14170. Its precise coordinates are latitude 42.7340889 and longitude -78.6961542. This presents a rare chance to acquire a large, well-positioned industrial land holding in a growing area. The property's size and location make it an attractive proposition for businesses seeking to establish a significant presence in the region. Serious inquiries are encouraged to explore the possibilities this unique offering presents. The property is ready for immediate development, offering a streamlined path to realizing your industrial project. Don't miss this opportunity to secure a prime piece of industrial real estate in a thriving location.

    Property Features for 284 Ellicott Rd

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • 40‑acre industrial land parcel in West Falls, NY.
    • Located at 284 Ellicott Road, adjacent to 5 Star Equipment.
    • Asking price: $1,000,000 ($25,000/acre).
    • Erie County, NY, zip code 14170.
    • Ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Norman Georgi Construction ... Construction Company

    Suggested Use

    Law Firm Building Supply Wholesale Shop Auto Repair Shop Department Store Kitchen & Bath Food Market Accounting Firm Grocery Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    West Falls
    County
    Erie
    State
    New York
    Longitude
    -78.6961542
    Latitude
    42.7340889

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land: 40 Acres, $1M
    Where is this land located?
    The property is located at 284 Ellicott Rd West Falls, NY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 40-acre industrial land parcel in West Falls, NY.; Located at 284 Ellicott Road, adjacent to 5 Star Equipment.; Asking price: $1,000,000 ($25,000/acre).
    Request Owner's contact information
    284 Ellicott Rd West Falls, NY 14170
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    West Falls, NY 14170
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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
    284 Ellicott Rd West Falls, NY 14170
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