You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

11580 Walden Ave Alden, NY 14004-9715

OFF-MARKET Assisted living facilities Google Maps
534,527 SF 152 ac lot Built 1938
Entity Owned Free & Clear
Estimated value (blended)
$2.23M
Range $2.01M – $2.45M (±10%)
Property ID US63-3438279

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1938
Total area 534,527 SF
Lot 152 ac (6,621,120 SF)
Zoning code C-R
APN 142089 96.00-2-20.1
UPID US63-3438279

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.23M

Owner & transaction history

since 2026
4 recorded transactions
2026
Price N/A
2021
Price N/A
2016
Price N/A
2004
$77.5M

Zoning & alternative use

C-R · Alden, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11580 Walden Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message