Property profile

0 Genesee St Alden, NY 14004

OFF-MARKET
Land
46.6 ac lot
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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

Location

Genesee St Alden, NY 14004
Alden metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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