4181 Bolivar Rd Wellsville, NY 14895
- Manufacturing properties
- 10,000 SF
- 2.15 lot acres
Current Use by Public Records
- FedEx OnSite / Mailing Service
- Babbitting Service, Inc - Engineered Bearing Solutions Division / Design Engineer
- Babbitting Service, Inc. / Bearing Supplier
Property Details for 4181 Bolivar Rd
- Year built
- 1993
- Lot size
- 2.15 lot acres
- Property size
- 10,000 SF
- Zone code
- 01 - NOT ZONED
- Property type
- Manufacturing properties
- APN
- 027089 238.7-2-6.11
- APU
- 2708923872611
Description
This exceptional 1.58-acre commercial land parcel in Wellsville, New York, presents a remarkable development opportunity. Located at 4181 Bolivar Road, the property boasts extensive frontage along a high-traffic road with an average annual daily traffic count of 10,264 vehicles. Its "shovel-ready" status signifies immediate construction readiness, eliminating lengthy site preparation delays. All necessary public utilities are readily available, simplifying the development process and minimizing upfront costs. The property's convenient location and high visibility make it ideal for a variety of commercial uses, particularly quick-service restaurants (QSRs) or retail establishments. The Allegany County location offers access to a strong local market and regional transportation networks. The APN is 238.7-2-6.11, and the property is owned by Wellsville Holding, LLC and is offered for sale by owner. This is a truly exceptional opportunity for investors seeking a prime commercial development site in a thriving community. The property is zoned for commercial use (verification of zoning with local authorities is recommended).
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $565,000
- 6.5%
- $625,000
- 7%
- $570,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $635,000
- Geo Method
- $685,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $570,000
- Retail
- $740,000
- Mixed-Use
- $705,000
- Hospitality
- $715,000
- Educational
- $680,000
- Residential Income
- $670,000
- Energy
- $680,000
- Income-Based Land
- $585,000
- Food Service
- $585,000
Location Insight
- Map
- Local Demand
- City
- Wellsville
- County
- Allegany
- State
- New York
- Longitude
- -77.9665
- Latitude
- 42.1259