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    1002 Abbott Rd Buffalo, NY 14220

    • Gas stations
    • 2,700 SF
    • 0.42 lot acres
    For Sale
    View listing
    $325,000
    Value Estimation
    Last Sale
    Apr 29, 2022
    $220,000
    Location Intelligence
    Property ID
    US63-3606777
    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

    • Gas stations

    Property Details for 1002 Abbott Rd

    Year built
    1947
    Lot size
    0.42 lot acres
    Property size
    2,700 SF
    Zone code
    N-3E
    Property type
    Gas stations
    APN
    140200 133.74-2-33
    APU
    14020013374233

    Description

    This exceptional 2,700 square foot retail building, situated on a 0.36-acre corner lot at the high-traffic intersection of Abbott Road and Cushing Place in South Buffalo, NY (14220), presents a unique investment opportunity. Previously used as a gas station and auto repair shop, the single-story, 1947-built structure has been vacant since the mid-2000s and is now a shovel-ready site. All necessary environmental remediation has been completed, including UST closure and asbestos abatement to DEC standards. The property boasts ample on-site parking and three-phase electrical service, making it ideal for a variety of businesses. Its N-3E zoning allows for diverse commercial uses. The asking price is $325,000, translating to $120.37 per square foot. This prime development site offers significant potential for a savvy investor seeking a high-traffic location in a thriving South Buffalo commercial corridor. The property's APN is 133.74-2-33. This is a one-unit building with one building on the property.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $195,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $235,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $225,000
      Mixed-Use
      $210,000
      Hospitality
      $240,000
      Educational
      $230,000
      Residential Income
      $245,000
      Energy
      $185,000
      Income-Based Land
      $215,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8069
    Latitude
    42.8371
    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
    $832
    $34,100
    $125,900
    $160,000
    -
    $48,714
    $179,857
    $228,571

    Comparable in this City

    • Value Estimation by Request
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      259 Mystic St

      GAS STATION • 4,850 SF
      259 Mystic St, Buffalo, NY 14220-1123
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    • Value Estimation
      $375,000
      1,736 SF

      363 Hopkins St

      SERVICE STATION WITH FOOD MART • 1,736 SF
      363 Hopkins St, Buffalo, NY 14220-1444
      View Details
    • Value Estimation
      $75,000
      5,345 SF

      2276 Park Ave

      GAS STATION • 5,345 SF
      2276 Park Ave, Buffalo, NY 14220-2605
      View Details
    • Value Estimation
      $305,000
      2,784 SF

      140 Abbott Rd

      SERVICE STATION WITH FOOD MART • 2,784 SF
      140 Abbott Rd, Buffalo, NY 14220-1042
      View Details

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      Abbott Road Retail Opportunity

      South Buffalo Commercial Property: High Traffic Location
      1002 Abbott Rd, Buffalo, NY 14220
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    Buffalo, NY 14220
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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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