Property profile

1230 Delavan Ave Buffalo, NY 14215

OFF-MARKET
Other investment properties
Property ID
US63-5979694
12,177 SF 0.25 ac lot Built 1950
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A 900-square-foot commercial property located at 1230 E Delavan Avenue in Buffalo, New York, suited for retail or office use. The interior has previously been configured with two separate uses (a cellular store and a salon) and includes a private bathroom and two office nooks. The building provides on-building signage and features a grade-level door measuring 10' x 12', with ceiling heights ranging from 12' to 14' and an electrical service of 220–440. The site occupies a 73' x 150' lot and is positioned just east of Bailey Avenue and west of Eggert Road, with access to the Kensington Expressway (RT 33) and a nearby bus stop. The property is designed to accommodate commercial leasing, including additional spaces described as approximately 12,177 square feet and a separate 10,000-square-foot warehouse/storage area.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1950
Total area 12,177 SF
Lot 0.25 ac (10,950 SF)
Zoning code N-3E
APN 140200 90.73-3-19.1
UPID US63-5979694

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
  • Barber Shop
  • Barber Shop

Location

1230 Delavan Ave Buffalo, NY 14215-3806
Buffalo metro Census 4100 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2018
2 recorded transactions
2018
$40,000
2006
$49,000

Zoning & alternative use

N-3E · Buffalo, NY
Zoning description

3.1.8 N-3E Mixed-Use Edge 3-10 3.1.9 N-3R Residential 3-11 3.1.10 N-4-30 Single-Family 3-12 3.1.11 N-4-50 Single-Family 3-13 3.2 Building T ypes........................................3-14 3.2.1 General 3-14 3.2.2 Attach…

General category MIXED_USE

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
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