Individually Owned Property summary
This exceptional 0.12-acre parcel of land presents a remarkable investment opportunity in the heart of Buffalo, New York. Located at 1535 South Park Ave, this property is zoned for commercial use, offering a diverse range of development possibilities. The land's versatility allows for a variety of commercial ventures, including retail establishments, restaurants, or office spaces. Its strategic location within a thriving neighborhood ensures high visibility and accessibility. The property is conveniently situated in Erie County, NY, with a zip code of 14220. The asking price for this exceptional piece of land is $70,000. The annual sewer tax is $17.28. This is a rare chance to acquire a commercially zoned lot in a vibrant and growing area, ideal for entrepreneurs and investors seeking to establish a presence in a bustling community. Don't miss this opportunity to build your business in a prime South Buffalo location. The property's coordinates are 42.8561399 latitude and -78.8289319 longitude. This land is also suitable for industrial and residential uses.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
as applied in the N-3C zone. J. Elmwood Village Standards. 1. The Elmwood Village is defined as the area north of North Street, south of Forest Avenue, east of Richmond Avenue, and west of Delaware Avenue, but not includ…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
N-3C · Buffalo, NYas applied in the N-3C zone. J. Elmwood Village Standards. 1. The Elmwood Village is defined as the area north of North Street, south of Forest Avenue, east of Richmond Avenue, and west of Delaware Avenue, but not includ…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
as applied in the N-3C zone. J. Elmwood Village Standards. 1. The Elmwood Village is defined as the area north of North Street, south of Forest Avenue, east of Richmond Avenue, and west of Delaware Avenue, but not includ…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for N-3C in Buffalo, NY.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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