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Property profile

1985 Rdg Rd Buffalo, NY 14224

OFF-MARKET
Other investment properties
Property ID
US63-2163558
1,188 SF 0.68 ac lot Built 1950
Last sale Mar 2024 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years.
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Property summary

AI-generated overview

This commercial land parcel is configured for a ground lease and supports reverse build-to-suit development. The site provides easy access, ample on-site parking, and high visibility from a major intersection, with approximately 150 feet of street frontage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$6k
Tax billed · 2019
Assessed value · 2023$63k
Assessed land$45k
Assessed improvement$18k
Effective rate9.06%

Value estimate

· Nov 2026
$200k
$180k – $220k
AI approach$200k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$101/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$47 – $149
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
08 - GOVERNMENTAL
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.6
Hair Salon15.2
Clothing Store12.5

Location

1985 Rdg Rd Buffalo, NY 14224-3339
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2880 Seneca, Buffalo, NY 14224-1863 $90,000 Aug 2024 1,034 SF
485 Harlem, Buffalo, NY 14224-1148 $245,000 May 2024 1,675 SF
3939 Seneca, Buffalo, NY 14224-3410 $270,000 Mar 2024 1,509 SF
2990 Transit, Buffalo, NY 14224-2524 $110,000 Dec 2023 1,224 SF
601 Harlem, Buffalo, NY 14224-1150 $241,500 Sep 2023 1,368 SF
3462 Clinton, Buffalo, NY 14224-1304 $225,000 Feb 2023 1,248 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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