11580 Walden Ave, Alden, NY 14004-9715
This exceptional 152-acre property in Alden, New York, presents a unique redevelopment opportunity. Located in Erie County and conveniently situated approximately 10 miles from I-90/NYS Thruway, this expansive site offers significant potential for a variety of uses. The property includes an estimated 94 acres of usable land, with approximately 38 acres subject to wetland/floodplain restrictions. Multiple existing buildings totaling approximately 640,000 square feet are situated on the site. This includes three main buildings totaling approximately 414,000 square feet (approximately 100,000 square feet each), two adjacent buildings totaling 98,164 square feet (29,000 and 68,000 square feet respectively), and an additional 116,000 square feet in auxiliary structures. The property's history includes use as the Erie County Home and Infirmary, with structures dating back to 1928. Potential redevelopment options are numerous and could include multifamily housing, residential development, last-mile distribution facilities, solar energy projects, or manufacturing. A pump station on-site is excluded from the sale and will be retained by Erie County. There is no minimum bid; offers are encouraged. This is a rare chance to acquire a substantial land parcel with significant development potential in a desirable location. The property's size and location make it an attractive investment for developers seeking a large-scale project.
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Canteen Vending Services Big Box & Wholesale Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-R · Alden, NYAlden. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.