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Property profile & analytics

98 Rhode Island St Buffalo, NY 14213

  • Warehouses
  • 7,900 SF
  • 0.21 lot acres
Value Estimation
Last Sale
Feb 10, 2021
$170,000
Location Intelligence
Property ID
US63-2990033
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

  • Warehouses

Property Details for 98 Rhode Island St

Year built
1925
Lot size
0.21 lot acres
Property size
7,900 SF
Zone code
N-2R
Property type
Warehouses
APN
140200 99.58-6-20
APU
1402009958620

Description

This exceptional 9,200-square-foot industrial flex space presents a unique owner-user opportunity in Buffalo, NY. Located at 98 Rhode Island Street, this single-story, 1920-built building boasts a blend of warehouse and office space, ideal for a variety of businesses. The property includes 2,000 square feet of renovated office space, featuring modern upgrades such as a new HVAC system, a newly renovated bathroom, and a brand-new roof. Energy-efficient LED lighting is installed throughout. The warehouse area, encompassing 7,200 square feet, is heated and equipped with one at-grade overhead door for convenient loading and unloading of goods. Its strategic location in Buffalo's Lower West Side offers unparalleled access to major transportation arteries. Just minutes from the I-190 on/off ramps and the Peace Bridge, this property provides seamless connectivity to regional and international transportation networks. The asking price for this turnkey industrial property is $449,000. This represents a compelling investment opportunity for businesses seeking a well-maintained, strategically located facility with modern amenities. The property's combination of renovated office space and functional warehouse space makes it suitable for a wide range of uses, offering significant potential for growth and profitability. Don't miss this chance to acquire a prime industrial asset in a thriving location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $155,000
  • CAP approach

    CAP return
    Estimation
    6%
    $165,000
    6.5%
    $175,000
    7%
    $180,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $195,000
    Geo Method
    $185,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $205,000
    Retail
    $185,000
    Mixed-Use
    $200,000
    Hospitality
    $150,000
    Educational
    $205,000
    Residential Income
    $155,000
    Energy
    $210,000
    Income-Based Land
    $190,000
    Food Service
    $180,000

Location Insight

  • Map
  • Local Demand
City
Buffalo
County
Erie
State
New York
Longitude
-78.8962
Latitude
42.9065
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
$598
$91,600
$23,400
$115,000
-
$130,857
$33,429
$164,286
More about this property
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