1941 Elmwood Ave Buffalo, NY 14207
- Commercial land
- 2.87 lot acres
Current Use by Public Records
- Hyatt's - All Things Creative / Art Supply Store / Picture Frame Shop
Property Details for 1941 Elmwood Ave
- Lot size
- 2.87 lot acres
- Zone code
- D-S
- Property type
- Commercial land
- APN
- 140200 78.53-2-5.121
- APU
- 140200785325121
Description
This exceptional 2.887-acre commercial and industrial land parcel, located at 1941 Elmwood Avenue in Buffalo, New York (zip code 14207, APN 78.53-2-5.121), presents a unique investment opportunity. The property is zoned D-S and boasts excellent visibility and accessibility due to its prime location along heavily trafficked Elmwood Avenue, situated between Hertel Avenue and Kenmore Avenue. Its strategic position offers easy access to major transportation arteries, including the Peace Bridge, I-190, and NYS Route 198, ensuring convenient connectivity for businesses and their clientele. The vacant lot is ready for development, presenting a blank canvas for a variety of projects, including multi-tenant retail spaces, office buildings, warehouses, or industrial facilities. This property is being offered for sale by owner for $895,000. The ownership entity is 1238 Group, LLC. The property's proximity to popular retail plazas further enhances its desirability and potential for significant return on investment. This is a rare opportunity to acquire a substantial piece of land in a high-demand location with exceptional development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8768
- Latitude
- 42.9503
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
