Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6934 Campbell Blvd North Tonawanda, NY 14120
    Back to Search
    Property profile & analytics

    6934 Campbell Blvd, North Tonawanda, NY 14120

    View on Map
    • Land
    • 4.60 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 6934 Campbell Blvd

    Lot size
    4.60 lot acres
    Property type
    Land

    Description

    This exceptional 4.6-acre parcel of land presents a remarkable opportunity for development in North Tonawanda, NY. Located at 6934 Campbell Boulevard, this flat, highly accessible site boasts convenient access to utilities, including sewer, water, and gas readily available at the street. Currently zoned for commercial and multi-family use, the property offers significant flexibility for various development projects. The site is ideally suited for residential construction, with the potential for subdivision into five individual lots, each approximately 0.9 acres, featuring approximately 105 feet of frontage and 404 feet of depth. This translates to a potential of five single-family homes, each with ample space. The property's strategic location within a 7-mile radius of a population of 59,095, with an average household income of $65,074, underscores its strong market potential. The asking price for the entire 4.6-acre parcel is $299,000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Tonawanda
    County
    Niagara
    State
    New York
    Longitude
    -78.773
    Latitude
    43.0903

    Comparable in this City

    • Value Estimation by Request
      10.40 Acres

      Crescent Dr

      Land
      0 Crescent Dr, North Tonawanda, NY 14120
      View Details
    • Value Estimation by Request
      8.10 Acres

      3197 Niagara Falls Blvd

      Land
      3197 Niagara Falls Blvd, North Tonawanda, NY 14120
      View Details
    • Value Estimation by Request
      0.68 Acres

      3939 Niagara Falls Blvd

      Land
      3939 Niagara Falls Blvd, North Tonawanda, NY 14120
      View Details
    • Value Estimation by Request
      27.70 Acres

      3901 Niagara Falls Blvd

      Land
      3901 Niagara Falls Blvd, North Tonawanda, NY 14120
      View Details
    • Value Estimation by Request

      3571 Niagara Falls Blvd

      Land
      3571 Niagara Falls Blvd, Wheatfield, NY 14120
      View Details
    • Value Estimation by Request
      4.30 Acres

      3059 Niagara Falls Blvd

      Land
      3059 Niagara Falls Blvd, North Tonawanda, NY 14120
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Large 149 Acre Property

      149 acre property in Wheatfield with utilities available.
      Errick Rd And Nash Rd, North Tonawanda, NY 14120
      View Details
    • $349,000
      Pending

      Vacant Land in Wheatfield

      Over 10 acres of vacant land in Wheatfield, New York.
      Crescent Dr, Wheatfield, NY 14120
      View Details
    • $240,000
      Pending

      Well-Kept North Tonawanda Investment Property

      Three-unit property with long-term tenants and recent updates.
      163 Linwood Ave, North Tonawanda, NY 14120
      View Details
    • $105,000

      North Tonawanda Multifamily Investment Opportunity

      Multifamily property in North Tonawanda, sold as-is, great potential.
      200 Tremont St, North Tonawanda, NY 14120
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Grocery-Anchored Retail Opportunity

      Retail space available in a thriving shopping center.
      287 Meadow Dr, North Tonawanda, NY 14120
      View Details
    • Contact for pricing

      Restricted Commercial Space For Rent

      810 SF commercial space in high-traffic location.
      135 Division St, North Tonawanda, NY 14120
      View Details
    • $11 SF/Yr

      Industrial Space Near Webster Street

      Warehouse/light manufacturing space available for lease near Webster Street.
      81 N Main St, North Tonawanda, NY 14120
      View Details
    • Contact for pricing
      18,000 SF

      Industrial Warehouse Space Available

      Versatile industrial warehouse space suitable for various light industrial uses.
      261 Main St, North Tonawanda, NY 14120
      View Details
    • Contact for pricing
      30,785 SF

      North Tonawanda Warehouse Space

      2,200 SF warehouse space available for lease.
      3949 Forest Park Way, North Tonawanda, NY 14120
      View Details
    • Contact for pricing
      9,088 SF

      Retail Space in High-Traffic Plaza

      Grocery-anchored retail space in North Tonawanda's central residential area.
      983-1049 Payne Ave, North Tonawanda, NY 14120
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6934 Campbell Blvd
    North Tonawanda, NY 14120
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6934 Campbell Blvd, North Tonawanda, NY, 14120
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!