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Property profile & analytics
OFF-MARKET
Land

0 Crescent Dr North Tonawanda, NY 14120

10.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.4-acre vacant land parcel presents a compelling investment opportunity in the thriving town of Wheatfield, New York. Strategically located on Crescent Drive, this property enjoys a prime position directly across from Canterbury Gardens apartments, offering excellent visibility and accessibility. The property is zoned R-3, allowing for multifamily development, with nearby areas zoned R-2. This versatile zoning provides significant flexibility for various residential projects. Its convenient location off Niagara Falls Boulevard ensures easy access to major transportation routes and amenities. Existing utilities are available at the site, running along the driveway to Canterbury Gardens (via a non-exclusive easement). A pre-existing driveway provides straightforward access to the property. The APN is 294000-177-003-0001-077-011. The property's size and zoning make it ideal for developers seeking to capitalize on the growing demand for residential housing in this desirable location. This is a rare opportunity to acquire a substantial land holding with significant development potential in a highly sought-after area. The zip code is 14120.

Property profile
Verified
Property type Land
Lot 10.4 ac (453,024 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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