Property profile

1516 Military Rd Buffalo, NY 14217

FOR SALE
Manufacturing properties
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Property ID
US63-1119663
11,200 SF 0.82 ac Built 1961
Last sale Dec 2020·$360,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
1516 Military Rd, Buffalo, NY 14217 For Sale
$330,000 11,200 SF
1516 Military Rd, Buffalo, NY 14217
View Listing

Property summary

AI-generated overview

The property is a 23-unit commercial kitchen facility built in 1963, with zoning classified as PS and Commercial. It is configured with dedicated food-service infrastructure and shared support areas for operation of multiple kitchen units, including commercial hoods and extraction equipment, a grease trap/interceptor, walk-in cold and dry storage, industrial-grade water heating with gas service, makeup and tempered air systems, air conditioning, and a gas/fire safety system. On-site support…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$13k
Tax billed · 2019
Assessed value · 2023$122k
Assessed land$55k
Assessed improvement$67k
Effective rate11.05%

Value estimate

· Nov 2026
$330k
$297k – $363k
AI approach$335k

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

Recently sold

What actually traded nearby?
$28/SF
Submarket average, outlier-cleaned · 95 recorded sales of this use type
Observed band · Q1–Q3$13 – $48
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?
P-S
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency53.2
Building Supply35.6
Law Firm31.4

Location

1516 Military Rd Buffalo, NY 14217
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
246 Woodward, Kenmore, NY 14217-1522 $205,000 Dec 2023 3,942 SF
955 Military, Buffalo, NY 14217 $740,000 May 2023 28,552 SF
1130 Military, Buffalo, NY 14217-1844 $1,875,000 Mar 2023 31,836 SF
1940 Kenmore, Buffalo, NY 14217-2525 $100,000 Jun 2021 4,152 SF
1069 Military, Buffalo, NY 14217-2228 $105,000 Jan 2021 2,400 SF
1110 Military, Buffalo, NY 14217-2227 $1,825,000 Jun 2019 115,328 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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