0 Genesee St, Alden, NY 14004
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.