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    OFF-MARKET
    Land

    770 John James Audubon Pkwy, Getzville, NY 14068

    17.69 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 17.69 ac (770,533 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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