Property profile

770 John James Audubon Pkwy Getzville, NY 14068

OFF-MARKET
Land
17.69 ac lot
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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

Location

770 John James Audubon Pkwy Getzville, NY 14068
Getzville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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