12520 Olean Rd Chaffee, NY 14030
Property profile & analytics
12520 Olean Rd Chaffee, NY 14030
- Industrial properties
- 13,300 SF
- 3.30 lot acres
Property ID
US63-2699221
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.
Location Intelligence
Current Use by Public Records
- Route 16 Pickleball / Sports Field & Court
- 84 Lumber / Building Supply / Industrial Manufacturer
Property Details for 12520 Olean Rd
- Year built
- 1990
- Lot size
- 3.30 lot acres
- Property size
- 13,300 SF
- Property type
- Industrial properties
- APN
- 146200 326.00-2-14.2
- APU
- 146200326002142
Description
This exceptional commercial property in Chaffee, NY, presents a unique investment opportunity. The property comprises four separate buildings totaling approximately 32,050 square feet, situated on a generous 3.3-acre lot. The largest building, at approximately 14,700 square feet, offers a versatile layout suitable for retail and storage uses, with a 50/50 split between the two. Two additional buildings each exceed 5,600 square feet, and a fourth building offers approximately 6,080 square feet. The buildings currently offer a mix of open and enclosed storage space, providing flexibility for various business needs. The property is zoned BL-Business/Light Industrial, allowing for a range of potential uses. Its strategic location between Routes 39 and 98, minutes from Yorkshire and Arcade, and close proximity to Springville, offers excellent accessibility. Furthermore, the property benefits from its location just 13 miles from the new Great Lakes Cheese Co. development, a significant 480,000+ square foot facility expected to employ over 430 workers. This proximity to a major employer presents a compelling advantage for future tenants and investors. The property's size, versatility, and location make it an ideal candidate for a variety of commercial ventures. This is a rare opportunity to acquire a substantial property in a growing area with significant potential for future development and appreciation.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $735,000
- ML approach
- $740,000
-
Alternative Use
- Use
- Estimation
- LUMBERYARD, BUILDING MATERIALS
- $570,000 Current use
- RESTAURANT
- $1,270,000 Change: +123% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,110,000 Change: +95% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,100,000 Change: +93% Conversion: Difficult
- OFFICE BUILDING
- $890,000 Change: +56% Conversion: Difficult
- RETAIL STORES
- $560,000 Change: -2% Conversion: Difficult
- MEDICAL BUILDING
- $505,000 Change: -11% Conversion: Difficult
- WAREHOUSE, STORAGE
- $490,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chaffee
- County
- Erie
- State
- New York
- Longitude
- -78.4801
- Latitude
- 42.5378
- 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
$0.00
$77,300
$186,100
$263,400
-
$198,205
$477,180
$675,385
