Financial
Distress signals
Property profile

1278 Hertel Ave Buffalo, NY 14216

OFF-MARKET
Other investment properties
Property ID
US63-3526807
5,130 SF 0.31 ac lot Built 1940
Last sale Mar 2017 · $439,800
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This offering consists of three laundromat properties packaged together in Buffalo, New York, located at 1278 Hertel Ave, 136 Lakeview, and 346 Military. The listings emphasize mechanical systems and supporting infrastructure, and each location is presented as operating with ready-to-use functionality for laundromat use. The Hertel Ave site includes an on-site sales and maintenance tracking system identified as Dexter Live. No additional transaction terms or pricing information are reflected in the property description.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$450k
Assessed land$128k
Assessed improvement$322k
Effective rate0.52%

Value estimate

· Sep 2026
$270k
$243k – $297k
CAP approach$850k
Sales comparison$708k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$106/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$70 – $138
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
N-3C
The N-3C zone addresses mixed-use, walkable centers of Buffalo moderately compact neighborhoods. These neighborhood centers were original...
General categoryMIXED_USE
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility14.0
Electrical Service12.7
Kitchen & Bath12.6

Location

1278 Hertel Ave Buffalo, NY 14216-2708
County assessor Recorded deeds · 5 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2525 Delaware, Buffalo, NY 14216-1701 $1,050,000 Nov 2025 7,608 SF
1431 Hertel, Buffalo, NY 14216-2871 $500,000 Mar 2024 3,624 SF
441 Hinman, Buffalo, NY 14216-1018 $300,000 Jan 2024 4,250 SF
564 Colvin, Buffalo, NY 14216-1302 $750,000 Nov 2023 7,246 SF
852 Kenmore, Buffalo, NY 14216-1536 $450,000 Nov 2022 5,508 SF
1850 Hertel, Buffalo, NY 14216-3005 $532,500 May 2022 5,040 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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