770 John James Audubon Pkwy, Getzville, NY 14068
This exceptional 17.689-acre commercial land parcel in Getzville, NY, presents a unique investment opportunity. Located at 770 John James Audubon Parkway, this property boasts pre-approved entitlements for a 295-unit dormitory complex, accommodating 925 beds. Situated just 1.4 miles north of the SUNY Buffalo campus (over 32,000 students) and adjacent to Route 990 (34,000 average daily traffic), the site offers unparalleled access to a large student population. The property is zoned NCD-GC (New Community District Zoning), providing flexible land use and design regulations, allowing for both commercial and residential development. Importantly, the site plan is approved, with Phase 1 already completed and occupied. The land is entirely developable, with no wetlands present. The asking price is $5,300,000, translating to $300,000 per acre. This represents a compelling opportunity to capitalize on the strong demand for student housing near a major university. The Erie County location and proximity to key transportation arteries further enhance the property's investment potential. This is a turnkey development opportunity with significant upside.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.