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Property profile & analytics
OFF-MARKET Estimated value $785,000
Medical Office Space

1175 Delaware Ave Buffalo, NY 14209-1401

54,540 SF 1.16 ac lot Built 1973
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US63-5208841
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1973
Total area 54,540 SF
Lot 1.16 ac (50,530 SF)
Zoning code N-2R
APN 140200 100.31-1-28.111
UPID US63-5208841
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Riffat Sadiq Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$755k
CAP Approach CAP
by Request
Comparable Approach Comparable
$818k
Blend (final) Blend
$785k
Owner & transaction history
Erie County Industrial Development · 2 yrs held
Erie County Industrial Development
since 2024
7 recorded transactions
2025
Price N/A
2024
Price N/A
2022
$2.3M
2022
$106,410
2021
Price N/A
2021
$1.2M
2020
Price N/A
Zoning & alternative use
N-2R · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 Interior side or Rear Setback Line RequiredSetback Maximum height permitted in abutting residential zoneA Additional height permitted by stepbackB…

Zone name Residential Neighborhood Zone
General category MIXED_USE
Zone area 1,826.41 ac
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