3197 Niagara Falls Blvd North Tonawanda, NY 14120
This exceptional 8.1-acre vacant land parcel presents a remarkable investment opportunity in North Tonawanda, NY. Strategically located on Niagara Falls Boulevard, boasting 751 feet of road frontage, this property enjoys exceptional visibility and accessibility. Currently zoned R3 multi-residential, the land offers significant potential for development, including the possibility of rezoning to commercial use, given its prime location and high traffic volume. The property sits at the intersection of Niagara Falls Boulevard and Nash Road, placing it within close proximity to a vibrant array of established businesses. Nearby amenities include the Sawyer Creek Hotel, Olympia Dinner, Colton RV, A Little Something gift shop, Alder Creek Banquet Facility, Woodcock Bros Brewery, Platters Chocolates, Tim Horton's, Delta Sonic, Tops Supermarket, Wendy's, KFC, Taco Bell, Fashion Outlets of Niagara Falls, and Niagara Falls International Airport. This high-traffic area ensures strong potential for a variety of commercial or residential developments. The asking price is $395,000. This is a rare opportunity to acquire a substantial land parcel in a thriving location with significant upside potential. The property's size and location make it ideal for a large-scale development project. Don't miss this chance to secure a prime piece of real estate in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.