Financial
Distress signals
Property profile

1025 Hertel Ave Buffalo, NY 14216

FOR LEASE
Community centers
Property ID
US63-2934035
89,476 SF 10.82 ac lot Built 1974
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail development site in North Buffalo within the city’s primary retail trade district. It is a former K‑Mart configuration containing approximately 88,620 square feet of retail space and is designed to accommodate retail use. The site also includes an additional 1.5-acre outparcel. The property is located at the signalized intersection of Hertel Avenue and Delaware Avenue, with vehicular access to Delaware Avenue, and it is served by two NFTA bus routes. The surrounding

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$2.80M
Assessed land$964k
Assessed improvement$1.84M
Effective rate0.52%

Value estimate

· Sep 2026
$5.88M
$5.29M – $6.46M
Sales comparison$6.59M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$130/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$42 – $236

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?
D-S
D-R, D-M, D-E, D-S, D-C, D-IL, D-IH, D-OS, D-OG, D-ON, C-R C-W-100 TABLE 5A: WATERFRONT YARDS DECEMBER 2016 CITY OF BUFFALO | CHAPTER 496...
General categoryMIXED_USE
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 agency39.5
Building Supply29.6
Law Firm28.9

Location

1025 Hertel Ave Buffalo, NY 14216
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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

1 recorded sale · 13 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
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
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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