Financial
Distress signals
Property profile

1492 Southwestern Blvd West Seneca, NY 14224

FOR LEASE
Other investment properties
Property ID
US63-3484748
7,800 SF 0.56 ac lot Built 1978
Last sale Nov 2021 · $305,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This former restaurant and bar property is located just off the corner of Southwestern Blvd. & Leydecker Road, about one mile south of Aurora Expressway (Route 400) and two miles east of the Route 219 Milestrip Road exit. The building includes a full-service bar area that is separate from a dining room, along with dining room tables and chairs and kitchen equipment. The dining area seats approximately 42 people and may be expanded or used as a banquet space. The customer area comprises about

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 · 2019

What does the county charge?
$11k
Tax billed · 2019
Assessed value · 2023$111k
Assessed land$41k
Assessed improvement$70k
Effective rate9.73%

Value estimate

· Sep 2026
$345k
$311k – $380k
AI approach$325k
NOI build-up
Gross scheduled income$122k
Vacancy & credit loss−$13k
Operating expenses−$33k
NOI · 97.41% cap applied$76k

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

Recently sold

What actually traded nearby?
$101/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$47 – $149
Qualifying comparables7

Cap rate analysis

How does the asset earn?
97.41%
$76k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
11
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency16.0
Law Firm14.3
Dental Office13.3

Location

1492 Southwestern Blvd West Seneca, NY 14224
County assessor Recorded deeds · 4 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1067 Un, Buffalo, NY 14224 $850,000 Nov 2024 7,244 SF
1968 Rdg, Buffalo, NY 14224-3312 $650,000 Oct 2024 10,010 SF
650 Orch Park, Buffalo, NY 14224-2671 $550,000 May 2024 5,760 SF
1340 Orch Park, Buffalo, NY 14224-4018 $915,000 Jan 2024 7,360 SF
2663 Seneca, Buffalo, NY 14224-1832 $100,000 Apr 2023 4,368 SF
39043906 Seneca, Buffalo, NY 14224 $1,035,000 Dec 2022 7,360 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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