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Property profile & analytics
FOR LEASE
Community centers

1025 Hertel Ave Buffalo, NY 14216

89,476 SF 10.82 ac lot Built 1974
Entity Owned Absentee Owner Free & Clear
Property ID
US63-2934035
1025 Hertel Ave, Buffalo, NY 14216 For Lease
$5,875,000
1025 Hertel Ave, Buffalo, NY 14216
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Property summary
AI-generated overview

This exceptional commercial property, located at 1025 Hertel Avenue in Buffalo, New York, presents a significant retail opportunity. The property boasts a substantial 88,620 square feet of vacant space within a single-tenant building, situated on a generous 10.5-acre lot. Its zoning classification is D-S, offering flexibility for a variety of retail uses. The property is conveniently located in Erie County, with easy access to major transportation routes. The entire building is currently available for lease. In addition to the main building, there is also an available outparcel/pad site of approximately 1.5 acres, ideal for additional development or expansion. This presents a unique chance to acquire a large, high-visibility retail space in a thriving Buffalo neighborhood. The property's size and location make it an attractive investment for businesses seeking a prominent presence in the area. The 10.5-acre lot provides ample space for parking, loading, and potential future expansion. This is a rare opportunity to secure a substantial retail space in a desirable location. The property's size and zoning make it suitable for a wide range of retail concepts. Serious inquiries are encouraged. The zip code is 14216.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1974
Total area 89,476 SF
Lot 10.82 ac (471,319 SF)
Zoning code D-S
APN 140200 78.70-4-9
UPID US63-2934035
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
$6.59M
Blend (final) Blend
$5.88M
Owner & transaction history
MISSISSIPPI DHP, LLC
MISSISSIPPI DHP, LLC
Zoning & alternative use
D-S · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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