8250 Lapp Rd East Amherst, NY 14051
This exceptional 18.7-acre property in East Amherst, NY (zip code 14051), presents a unique investment opportunity. Currently zoned as agricultural land, it offers significant potential for rezoning for residential or multi-family development. The property is conveniently located within a two-mile radius of numerous restaurants and shopping amenities, ensuring easy access to daily conveniences. Utilities including water, gas, phone, and cable are readily available. An existing easement provides access for a gas line at the rear of the property. This parcel is situated adjacent to a similarly sized (19-acre) neighboring lot, also available for purchase at the same price. A combined purchase of both parcels is possible, totaling 37.73 acres, for a combined asking price of $500,000. The property's location in a dense residential area further enhances its development potential. All reasonable offers will be considered. This is an ideal opportunity for developers seeking a prime location with excellent infrastructure and high demand. The property's address is 8250 Lapp Rd, Erie County, New York.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.