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Property profile & analytics
OFF-MARKET
Sports & entertainment properties

161 Cloverleaf Ave Buffalo, NY 14218-2926

1,188 SF 13.6 ac lot Built 1957
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US63-1444340
Property summary
AI-generated overview

This exceptional 18.4-25 acre commercial land parcel in Buffalo, NY, presents a unique investment opportunity. Currently operating as a golf range featuring a miniature putt-putt course, the property boasts a proven annual gross revenue of approximately $65,000. The property's strategic location offers significant value-add potential. Three convenient curb cuts provide excellent access, while readily available water, electric, and sewer utilities make it ideally suited for residential development, complementing the existing subdivisions. The property's visibility is further enhanced by its proximity to the Thruway. With a pro-forma net operating income (NOI) of $45,000, this property offers a strong return on investment and significant upside potential for future development. Located at 161 Cloverleaf Ave, Buffalo, NY 14218, in Erie County, this property is ready for a discerning investor to capitalize on its existing revenue stream and substantial development potential. The property's location offers easy access to major transportation routes, making it an attractive option for both commercial and residential ventures. This is a rare opportunity to acquire a well-positioned property with immediate income and significant long-term growth prospects.

Property profile
Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 1957
Total area 1,188 SF
Lot 13.6 ac (592,416 SF)
Zoning code 9
APN 146800 142.12-10-7
UPID US63-1444340
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hideaway Golf & Sports Center Golf Course
  • Hideaway Minature Golf and Driving Range Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hideaway Golf & Sport Center · 11 yrs held
Hideaway Golf & Sport Center
since 2014
4 recorded transactions
2014
$120,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
9 · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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