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    OFF-MARKET
    Commercial real estate

    1050 Royal Pkwy, Lockport, NY 14094

    12.4 ac lot
    Property ID
    US63-0322903
    Property summary
    AI-generated overview

    This exceptional 12.4-acre lot presents a unique opportunity for residential development in Lockport, New York. Located at 1050 Royal Pkwy N, Niagara County, this privately owned property is zoned for residential use, offering the flexibility to build a single expansive home or subdivide the land into multiple parcels, potentially extending the adjacent subdivision. The asking price is $175,000. Utilities are conveniently located at the street, simplifying the construction process. The expansive acreage provides ample space for a substantial residence, extensive landscaping, or a combination of both. This property is ideal for those seeking a large, private lot in a desirable location. The address is precisely 1050 Royal Pkwy N, Lockport, NY 14094. Given its size and zoning, this land offers significant potential for a custom home build or a lucrative subdivision project. The property's location within Lockport provides easy access to local amenities and services. This is a rare opportunity to acquire a substantial residential lot in a growing community. Serious inquiries are encouraged. The property is conveniently located at the coordinates 43.140161 latitude and -78.66226 longitude.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 12.4 ac (540,144 SF)
    UPID US63-0322903
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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