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    251 John James Audubon Pkwy Buffalo, NY 14228

    • Office buildings
    • 26,256 SF
    • 3.67 lot acres
    For Sale
    View listing
    $2,850,000
    Value Estimation
    Last Sale
    Jul 15, 2024
    Location Intelligence
    Property ID
    US63-1713877
    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

    • Office buildings

    Property Details for 251 John James Audubon Pkwy

    Year built
    1981
    Lot size
    3.67 lot acres
    Property size
    26,256 SF
    Property type
    Office buildings
    APN
    142289 41.03-1-76.1
    APU
    14228941031761

    Description

    This exceptional 26,256-square-foot creative office building, located at 251 John James Audubon Parkway in Buffalo, New York, presents a unique ownership opportunity. Built in 1981 and renovated in 1994, this single-story Class B building sits on a 3.67-acre lot and offers ample space for a variety of uses, including research and development, technology firms, sales organizations, or back-office operations. The property boasts an existing server room, catering to technology-focused businesses. With a 7:1000 parking ratio, convenient parking is ensured for employees and visitors. The building is zoned OB and is conveniently located near SUNY at Buffalo in Amherst, NY. The asking price is $2,850,000, translating to $108.55 per square foot. The potential for expansion exists, with the possibility of adding an additional 9,000 square feet. This is a rare opportunity to acquire a substantial office building in a desirable location, offering both immediate occupancy and significant growth potential. The property is privately owned.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $795,000

    • CAP approach

      CAP return
      Estimation
      6%
      $665,000
      6.5%
      $645,000
      7%
      $645,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $575,000
      Geo Method
      $595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $750,000
      Retail
      $665,000
      Mixed-Use
      $730,000
      Hospitality
      $560,000
      Educational
      $545,000
      Residential Income
      $650,000
      Energy
      $550,000
      Income-Based Land
      $580,000
      Food Service
      $615,000

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Erie
    State
    New York
    Longitude
    -78.7817
    Latitude
    43.0134
    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
    2019
    $57,998
    $510,000
    $110,000
    $620,000
    -
    $822,581
    $177,419
    $1,000,000

    Comparable in this City

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    • Value Estimation
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      16,740 SF

      10 John James Audubon Pkwy

      OFFICE BUILDING • 16,740 SF
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      View Details
    • Value Estimation
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    • Value Estimation
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      8,321 SF

      2425 Sweet Home Rd

      OFFICE BUILDING • 8,321 SF
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      View Details

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    Buffalo, NY 14228
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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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