Individually Owned Property summary
This commercial property is located within a redevelopment area and is positioned across from newly built properties. The site includes a lot measuring 0.1458 acres (approximately 6,350 square feet) and contains a property area of 1,793 square feet. It is zoned N2. Historically used as a car lot, the site has features and layout that support reinstating that use, and it also presents redevelopment potential, including use as parking to serve tenants and customers. The adjacent property is also noted as available, which may allow assembly of a larger development site if desired.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
structure exists in the N-2R zone, any alteration to the structure must comply with the standards for the respective building type as applied in the N-2C zone. C A B Interior side or Rear Lot LineResidential Zone Interio…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
N-2R · Buffalo, NYstructure exists in the N-2R zone, any alteration to the structure must comply with the standards for the respective building type as applied in the N-2C zone. C A B Interior side or Rear Lot LineResidential Zone Interio…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
structure exists in the N-2R zone, any alteration to the structure must comply with the standards for the respective building type as applied in the N-2C zone. C A B Interior side or Rear Lot LineResidential Zone Interio…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for N-2R in Buffalo, NY.
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