Property profile

1512 Main St Buffalo, NY 14209

OFF-MARKET
Auto shops
Property ID
US63-2913378
19,532 SF 0.38 ac lot Built 1910
Individually Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of a 20,000-square-foot auto shop and storage building plus a carriage house, situated on nearly half an acre. The site is positioned on a roadway with an approximate traffic count of 13,000 vehicles per day and is near multiple bus and metro rail stops. The property is zoned N-2C Urban Center/Mix Use Center, supporting continued automotive-related use and allowing potential redevelopment to other uses consistent with zoning. The listing also indicates that business operations and/or equipment may have been part of the existing configuration.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1910
Total area 19,532 SF
Lot 0.38 ac (16,750 SF)
Zoning code N-2C
APN 140200 100.31-3-14
UPID US63-2913378

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
  • Gas Station
  • Auto Repair Shop

Location

1512 Main St Buffalo, NY 14209-1722
Buffalo metro Census 6602 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$668k
Blend (final) Blend
$355k

Owner & transaction history

since 2007
1 recorded transaction
2007
$35,000

Zoning & alternative use

N-2C · Buffalo, NY
Zoning description

applied in the N-2C zone. C A B Interior side or Rear Lot LineResidential Zone Interior side or Rear Setback Line RequiredSetback Maximum height permitted in abutting residential zoneA Additional height permitted by step…

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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