Property profile

14 Queen St Buffalo, NY 14206

OFF-MARKET
Commercial land
Property ID
US63-2140920
0.08 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.2-acre commercial land parcel presents a unique investment opportunity in the vibrant city of Buffalo, New York. Located at 14, 16, and 18 Queen Street, in Erie County, zip code 14206, this property is zoned for commercial use and offers significant potential for development. The asking price is $59,999. The site's convenient location provides easy access to key transportation routes and local amenities, making it an attractive proposition for a variety of commercial ventures. Existing architectural plans for a garage are available to the buyer, offering a potential blueprint for immediate development. This vacant land presents a blank canvas for entrepreneurs and investors seeking to establish a presence in a thriving urban area. The property's size and zoning make it suitable for a range of commercial uses, from small-scale businesses to larger-scale projects. Act quickly to secure this exceptional opportunity to acquire a prime piece of commercial real estate in Buffalo, NY. The coordinates for this property are latitude 42.88483291597671 and longitude -78.80134911374974.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.08 ac (3,629 SF)
Zoning code D-C
APN 140200 112.59-4-4
UPID US63-2140920

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14 Queen St Buffalo, NY 14206-1451
Buffalo metro Census 2300 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

Zoning & alternative use

D-C · Buffalo, NY
Zoning description

D-R, D-M, D-E, D-S, D-C, D-IL, D-IH, D-OS, D-OG, D-ON, C-R C-W-100 TABLE 5A: WATERFRONT YARDS DECEMBER 2016 CITY OF BUFFALO | CHAPTER 496, UNIFIED DEVELOPMENT ORDINANCE CORRIDOR ZONES | 5-9 where it finds that developmen…

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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