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    5505 Southwestern Blvd Hamburg, NY 14075

    • Sports & entertainment properties
    • 1,800 SF
    • 1.92 lot acres
    For Sale
    View listing
    $499,000
    Value Estimation
    Last Sale
    Jul 15, 2022
    $248,000
    Location Intelligence
    Property ID
    US63-5128581
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sports & entertainment properties

    Property Details for 5505 Southwestern Blvd

    Year built
    1983
    Lot size
    1.92 lot acres
    Property size
    1,800 SF
    Property type
    Sports & entertainment properties
    APN
    144889 182.09-1-5
    APU
    1448891820915

    Description

    This exceptional 1.92-acre commercial property in Hamburg, NY, presents a remarkable development opportunity. Boasting 280 feet of high-traffic frontage on Southwestern Boulevard, the site includes three existing buildings. The main office building, suitable for various uses, measures 600 square feet (20' x 30'). A second building offers substantial space at 1,800 square feet (30' x 60'), featuring eleven garage doors (ten 7-foot, one 8-foot) providing excellent access, plus a 300-square-foot (10' x 30') heated storage bay. The third building comprises 1,400 square feet (20' x 70') with ten 7-foot garage doors. The property benefits from robust infrastructure, including 100 and 200-amp service with three-phase power, a heat pump system with air conditioning, and readily available electric and gas lines for future expansion. All buildings feature durable metal roofs. Annual property taxes are approximately $8,000, and the yearly water bill is around $280. The strategic location, across from a new 152-unit apartment complex currently under construction, makes this site ideal for a variety of uses, particularly a storage facility, capitalizing on the increased residential density. The substantial frontage and existing buildings offer immediate potential for income generation or redevelopment.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $240,000
      6.5%
      $240,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $245,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $235,000
      Mixed-Use
      $250,000
      Hospitality
      $295,000
      Educational
      $280,000
      Residential Income
      $280,000
      Energy
      $255,000
      Income-Based Land
      $275,000
      Food Service
      $245,000

    Location Insight

    • Map
    • Local Demand
    City
    Hamburg
    County
    Erie
    State
    New York
    Longitude
    -78.8763
    Latitude
    42.7371
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $30,000
    $112,500
    $142,500
    -
    $93,750
    $351,563
    $445,313

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    Hamburg, NY 14075
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    Realmo Value Estimation

    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.

    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.

    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
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