New search
Property profile & analytics
OFF-MARKET
Gas stations
1002 Abbott Rd, Buffalo, NY 14220-2420
Entity Owned
Free & Clear
Property ID
US63-3606777
Property summary
AI-generated overview
This exceptional 2,700 square foot retail building, situated on a 0.36-acre corner lot at the high-traffic intersection of Abbott Road and Cushing Place in South Buffalo, NY (14220), presents a unique investment opportunity. Previously used as a gas station and auto repair shop, the single-story, 1947-built structure has been vacant since the mid-2000s and is now a shovel-ready site. All necessary environmental remediation has been completed, including UST closure and asbestos abatement to DEC standards. The property boasts ample on-site parking and three-phase electrical service, making it ideal for a variety of businesses. Its N-3E zoning allows for diverse commercial uses. The asking price is $325,000, translating to $120.37 per square foot. This prime development site offers significant potential for a savvy investor seeking a high-traffic location in a thriving South Buffalo commercial corridor. The property's APN is 133.74-2-33. This is a one-unit building with one building on the property.
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1947
Total area
2,700 SF
Lot
0.42 ac (18,304 SF)
Zoning code
N-3E
APN
140200 133.74-2-33
UPID
US63-3606777
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
3527 Union LLC
3527 Union LLC
since 2026
Last sale
$220,000
7 recorded transactions
Zoning & alternative use
N-3E · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Buffalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buffalo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$832
Tax year 2023
Assessed value
$160,000
Assessed 2023
Previous assessed
$160,000
+0.0% YoY
Effective rate
0.52%
On assessed value
Assessed land
$34,100
Assessed improvement
$125,900
Land market value
$48,714
Improvement market value
$179,857
Total market value
$228,571
Applied tax rate
140,200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1947
Heating
NONE
Buildings
1
Stories
1
Total area
2,700 SF
Lot
0.42 ac (18,304 SF)
Zoning code
N-3E
APN
140200 133.74-2-33
UPID
US63-3606777
Jurisdiction
ERIE
Zoning & alternative use
N-3E · Buffalo, NY
Zoning N-3E · permitted uses
N-3E · Buffalo, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buffalo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
NONE
Stories
1
Buildings
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
3527 Union LLC
Entity
Free & Clear · 0 yrs held
Mailing address
295 MAIN ST RM #700, BUFFALO, NY 14203-2507
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2026
$290,000
3527 Union LLC
1240 Group LLC
Bargain & Sale Deed
—
Apr 29, 2022
$220,000
1240 Group LLC
Goodspeed 1002 Abbott INC
Warranty Deed
$100,000 · Goodspeed 1002 Abbott INC
Oct 23, 2019
—
Goodspeed 1002 Abbott INC
—
Trustees Deed
related
$345,000 · Evans Bk NA
Oct 27, 2017
$200,000
Goodspeed 1002 Abbott INC
Charrys Auto Sales INC
Warranty Deed
—
Jan 11, 2011
$110,000
Charrys Auto Sales INC
1002 Abbott INC
Grant Deed
$90,000 · 1002 Abbott INC
May 23, 2007
$1,000
1002 Abbott INC
Agha,majida
Warranty Deed
—
Apr 29, 2005
$75,000
Majida Agha
Referee Of Erie
Trustees Deed
—
—
—
Goodspeed 1002 Abbott INC
—
Deed Of Trust
related
$345,000 · Evans Bk NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1002 Abbott Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
