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Property profile & analytics

24 Anderson Rd Buffalo, NY 14225

  • Warehouses
  • 25,200 SF
  • 1.05 lot acres
Value Estimation
Last Sale
May 02, 2023
$1,300,000
Location Intelligence
Property ID
US63-2568568
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

  • Warehouses

Property Details for 24 Anderson Rd

Year built
1961
Lot size
1.05 lot acres
Property size
25,200 SF
Zone code
05C
Property type
Warehouses
APN
143089 102.03-2-29
APU
14308910203229

Description

This exceptional industrial property, located at 24 Anderson Road in Buffalo, NY, presents a compelling investment opportunity. The 25,200 square foot building sits on a 1.05-acre lot and is priced at $1,100,000, or $43.65 per square foot. Constructed in 1975, this vacant building offers versatile space suitable for distribution, manufacturing, or warehousing operations. Its strategic location directly off the Walden exit of the New York State Thruway (I-90) ensures convenient access for employees and clients. The property features a well-designed layout including ample space for storage, a showroom area ideal for product display, air-conditioned offices providing a professional work environment, a conference room, restrooms, and an employee breakroom. The property's zoning and permitted uses should be independently verified. This is an excellent chance to acquire a substantial industrial space in a prime Buffalo location. The property is ready for immediate occupancy. All information is deemed reliable but not guaranteed.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,310,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,415,000
    6.5%
    $1,295,000
    7%
    $1,365,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,180,000
    Geo Method
    $1,495,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,310,000
    Retail
    $1,445,000
    Mixed-Use
    $1,390,000
    Hospitality
    $1,550,000
    Educational
    $1,430,000
    Residential Income
    $1,470,000
    Energy
    $1,440,000
    Income-Based Land
    $1,285,000
    Food Service
    $1,130,000

Location Insight

  • Map
  • Local Demand
City
Buffalo
County
Erie
State
New York
Longitude
-78.7722
Latitude
42.9052
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
$0.00
$77,000
$663,000
$740,000
-
$84,615
$728,572
$813,187
More about this property
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