161 Cloverleaf Ave, Buffalo, NY 14218-2926
- Sports & entertainment properties
- 1,188 SF
- 13.60 lot acres
Current Use by Public Records
- Hideaway Golf & Sports Center / Golf Course
- Hideaway Minature Golf and Driving Range / Corporate Office
Property Details for 161 Cloverleaf Ave
- Year built
- 1957
- Lot size
- 13.60 lot acres
- Zone code
- 9
- Property type
- Sports & entertainment properties
- APN
- 146800 142.12-10-7
- APU
- 14680014212107
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 25, 2014 | $120,000 | Hideaway Golf & Sport Center | Fam Golf INC | Grant Deed | $90k · Fam Golf INC |
| — | — | Fam Golf INC | — | Deed Of Trust · related | $23k · Evans National Bank |
| — | — | Fam Golf INC | — | Deed Of Trust · related | $6k · Evans National Bank |
| — | — | Fam Golf INC | — | Deed Of Trust · related | $7k · Evans Bank NA |
Description
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.7957
- Latitude
- 42.8227
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
