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    OFF-MARKET
    Land

    0 Genesee St, Alden, NY 14004

    46.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional offering encompasses two parcels totaling 46.68 acres of undeveloped land situated in Alden, New York, along Genesee Street. The property presents a unique opportunity for diverse development possibilities. Its zoning allows for commercial ventures, including warehousing or the construction of a storage facility. The substantial acreage also lends itself to potential mining operations (subject to necessary permits and approvals). Alternatively, the land could be developed for residential use, potentially accommodating multi-family dwellings. An existing easement ensures convenient access to both parcels. The asking price for this expansive property is $295,000. This presents a compelling investment opportunity given the land's size, location, and versatile zoning. The property's location in Alden, Erie County, New York, offers convenient access to major transportation routes and established infrastructure. Serious inquiries are encouraged to explore the full potential of this significant land holding. The property is located at 0 Genesee St, Alden, NY 14004.

    Property profile
    Verified
    Property type Land
    Lot 46.6 ac (2,029,896 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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