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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

8511-8521 Sheridan Dr Buffalo, NY 14221

10,000 SF 2 ac lot Built 1956
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 10,000 square foot retail complex situated on a two-acre parcel at the high-traffic southeast corner of Sheridan Drive and Harris Hill Road in Williamsville, NY. The property comprises two buildings: an 8,000 square foot retail/apartment complex at 8511 Sheridan Drive, and a two-story, two-family residential building at 8521 Sheridan Drive, both constructed in 1956. Benefiting from excellent visibility and accessibility, the property boasts two curb cuts on both Sheridan Drive and Harris Hill Road, offering approximately 283 feet of frontage on Sheridan Drive and 307 feet on Harris Hill Road. The site provides ample on-site parking. High daily traffic counts of 15,334 vehicles on Sheridan Drive and 10,709 on Harris Hill Road ensure significant exposure. The property offers a strong income stream, with a Net Operating Income (NOI) of $46,795 for 8511 Sheridan Drive and $15,936 for 8521 Sheridan Drive. This presents a rare chance to acquire a well-positioned, income-generating property in a desirable location. The asking price is $925,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1956
Total area 10,000 SF
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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