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    Property profile & analytics

    117 Colvin Ave Buffalo, NY 14216-2705

    • Gas stations
    • 1,785 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US63-1971161
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Colvin Market Deli & Grill / Convenience Store / Grocery Store
    • USPS Drop Box / Mailing Service
    • Marathon / Gas Station
    • Hearts for the Homeless / Donations Center / Charity
    • Marathon Gas / Gas Station

    Property Details for 117 Colvin Ave

    Year built
    1975
    Lot size
    0.34 lot acres
    Property size
    1,785 SF
    Zone code
    N-3E
    Property type
    Gas stations
    APN
    140200 78.81-2-1
    APU
    140200788121

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $340,000
      6.5%
      $370,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $390,000
      Mixed-Use
      $315,000
      Hospitality
      $400,000
      Educational
      $335,000
      Residential Income
      $320,000
      Energy
      $395,000
      Income-Based Land
      $415,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8567
    Latitude
    42.9443
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,263
    $133,300
    $109,700
    $243,000
    -
    $190,429
    $156,714
    $347,143

    Comparable in this City

    • Value Estimation
      $260,000
      2,332 SF

      2075 Delaware Ave

      SERVICE STATION WITH FOOD MART • 2,332 SF
      2075 Delaware Ave, Buffalo, NY 14216-3212
      View Details
    • Value Estimation
      $360,000
      2,569 SF

      2058 Delaware Ave

      SERVICE STATION WITH FOOD MART • 2,569 SF
      2058 Delaware Ave, Buffalo, NY 14216-3517
      View Details
    • Value Estimation
      $315,000
      2,814 SF

      2462 Delaware Ave

      SERVICE STATION WITH FOOD MART • 2,814 SF
      2462 Delaware Ave, Buffalo, NY 14216
      View Details
    • Value Estimation
      $340,000
      480 SF

      2543 Delaware Ave

      GAS STATION • 480 SF
      2543 Delaware Ave, Buffalo, NY 14216-1720
      View Details
    • Value Estimation
      $165,000
      1,622 SF

      524 Hinman Ave

      GAS STATION • 1,622 SF
      524 Hinman Ave, Buffalo, NY 14216-1021
      View Details
    • Value Estimation
      $290,000
      1,800 SF

      523 Starin Ave

      SERVICE STATION WITH FOOD MART • 1,800 SF
      523 Starin Ave, Buffalo, NY 14216-2027
      View Details

    Similar Nearby for Sale

    • $495,000
      1,644 SF

      Gas Station & Convenience Store Opportunity

      Buffalo, NY - Prime Location, Vacant
      524 Hinman Ave, Buffalo, NY 14216
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    • Contact for pricing

      Unbranded Gas/Service Station Opportunity

      Gas/Service station and former auto body shop for sale.
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    • $450,000
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      Colvin Ave Auto Shop - Buffalo, NY

      Prime Auto Shop, 1196 sq ft, High Traffic Area
      625 Colvin Ave, Buffalo, NY 14216
      View Details
    • $399,900

      Auto Service Business on Hinman

      Auto service business with ample parking and updated systems.
      269 Hinman Ave, Buffalo, NY 14216
      View Details
    • $765,000
      4,900 SF

      Auto Shop on Corner Lot

      Turn-key auto shop with recent updates and high traffic.
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    • Contact for pricing
      5,850 SF

      Turnkey Bar/Restaurant with Apartments

      Operating bar/restaurant with two apartments in North Buffalo.
      2265 Delaware Ave, Buffalo, NY 14216
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    Similar Nearby for Lease

    • Contact for pricing

      Remodeled Auto Shop with Bays

      Remodeled auto shop with three service bays and lifts.
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      View Details
    • Contact for pricing
      88,620 SF

      North Buffalo Retail Development Opportunity

      Retail space for sublease in a densely populated area.
      1025 Hertel Ave, Buffalo, NY 14216
      View Details
    • $2,000 /Mo
      1,200 SF

      Vibrant Retail Space on Hertel

      Street retail space in a popular, vibrant neighborhood.
      1487 Hertel Ave, Buffalo, NY 14216
      View Details
    • Contact for pricing
      2,814 SF

      Delaware Ave Retail Space

      High-visibility Buffalo retail space.
      2458 Delaware Ave, Buffalo, NY 14216
      View Details
    • Contact for pricing
      2,814 SF

      Retail/Office Space on Delaware Avenue

      High-visibility retail/office space in a high-traffic area.
      2458-2462 Delaware Ave, Buffalo, NY 14216
      View Details
    • Contact for pricing
      2,400 SF

      Kenmore Avenue Retail/Office Space

      2400 SF retail/office space available for lease immediately.
      750 Kenmore Ave, Buffalo, NY 14216
      View Details
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    117 Colvin Ave
    Buffalo, NY 14216-2705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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