Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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