11580 Walden Ave Alden, NY 14004-9715
- Assisted living facilities
- 534,527 SF
- 152.00 lot acres
Oct 20, 2021
Current Use by Public Records
- Canteen Vending Services / Vending Machine Supplier
Property Details for 11580 Walden Ave
- Year built
- 1938
- Lot size
- 152.00 lot acres
- Property size
- 534,527 SF
- Zone code
- C-R
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 142089 96.00-2-20.1
- APU
- 14208996002201
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alden
- County
- Erie
- State
- New York
- Longitude
- -78.5583
- Latitude
- 42.9381
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA