Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    330 Cascade Dr Springville, NY 14141
    Back to Search
    Property profile & analytics

    330 Cascade Dr, Springville, NY 14141

    View on Map
    • Land
    • 2.40 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 330 Cascade Dr

    Lot size
    2.40 lot acres
    Property type
    Land

    Description

    This exceptional 2.4-acre commercial land parcel presents a prime development opportunity in Springville, New York. Strategically located in Erie County, at 330 S Cascade Dr, zip code 14141, this property boasts excellent visibility and high traffic counts due to its position in front of a Lowe's home improvement store within a regional shopping area. The site is divided into two attractive outparcels, ideal for separate development or a cohesive project. Parcel A encompasses approximately 1.1 acres with roughly 210 feet of road frontage, while Parcel B offers approximately 1.3 acres and approximately 204 feet of road frontage. This location ensures significant exposure for any commercial venture. The property's versatility is further enhanced by the owner's willingness to consider ground lease options, providing flexibility for potential investors and developers. This is a rare chance to acquire a highly visible and accessible commercial land site in a thriving retail area. Don't miss this opportunity to capitalize on the strong location and high traffic volume. Contact us today to learn more about this exceptional development opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springville
    County
    Erie
    State
    New York
    Longitude
    -78.6889
    Latitude
    42.5003

    Comparable in this City

    • Value Estimation by Request
      8.73 Acres

      482 Waverly St

      Land
      482 Waverly St, Springville, NY 14141
      View Details
    • Value Estimation by Request
      2,400 SF

      206 Main St

      COMMERCIAL (GENERAL)
      206 Main St, Springville, NY 14141-1018
      View Details
    • Value Estimation by Request

      29-22155 Gas Wl

      MINING, MINERAL, QUARRIES
      29-22155 Gas Wl, Springville, NY 14141
      View Details
    • Value Estimation by Request

      29-11738 Gas Wl

      MINING, MINERAL, QUARRIES
      29-11738 Gas Wl, Springville, NY 14141
      View Details
    • Value Estimation by Request

      29-23339 Gas Wl

      MINING, MINERAL, QUARRIES
      29-23339 Gas Wl, Springville, NY 14141
      View Details
    • Value Estimation by Request

      Gas Wl

      MINING, MINERAL, QUARRIES
      Gas Wl, Springville, NY 14141
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Outparcels For Development Near Lowe's

      Two outparcels available for development in high-traffic location.
      330 S Cascade Dr, Springville, NY 14141
      View Details
    • Contact for pricing

      Development Parcels Near Retail Hub

      Two parcels available for development near retail and highway.
      S Cascade Dr, Springville, NY 14141
      View Details
    • $150,000

      Commercial Land on Route 39

      1.44 acre commercial land parcel with development potential.
      Route 39, Concord, NY 14141
      View Details
    • Contact for pricing

      Commercial Land For Sale

      Two out parcels available for development in high-traffic location.
      330 S Cascade Dr, Springville, NY 14141
      View Details
    • $480,000
      Pending

      32 Acres in Springville Village

      32 acres of wooded land ready for development.
      Waverly St, Concord, NY 14141
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr

      Springville Medical/Office Space Available

      Medical/office space for lease in Springville, New York.
      27 Franklin St, Springville, NY 14141
      View Details
    • $350,000
      4,046 SF

      Established Restaurant with Detached Home

      Turn-key restaurant opportunity with additional residential income potential.
      690 E Main St, Springville, NY 14141
      View Details
    • Contact for pricing

      Springville Medical/Office Space Available

      Medical/office suites available in Springville, ranging from 1,000-8,000 SF.
      27 Franklin St, Springville, NY 14141
      View Details
    • Contact for pricing

      Springville Mixed-Use Building for Lease

      85,000 SF mixed-use building on 4.5 acres available for lease.
      243 W Main St, Springville, NY 14141
      View Details
    • Contact for pricing
      3,550 SF

      Springville Retail Space with Drive-Thru

      3,550 SF retail building with drive-thru in Springville, NY.
      218 S Cascade Dr, Springville, NY 14141
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    330 Cascade Dr
    Springville, NY 14141
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    330 Cascade Dr, Springville, NY, 14141
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!