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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1630 Southwestern Blvd West Seneca, NY 14224

    • Motels
    • 5,822 SF
    • 7.90 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2255493
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bluebird Motel / Motel

    Property Details for 1630 Southwestern Blvd

    Year built
    1950
    Lot size
    7.90 lot acres
    Property size
    5,822 SF
    Property type
    Motels

    Description

    This exceptional investment opportunity presents the Bluebird Motel, a fully operational 13-room establishment situated on a substantial 7.9-acre lot in West Seneca, NY. Located directly on Southwestern Boulevard within a thriving business district, this property boasts excellent road frontage and significant development potential. The motel itself comprises two buildings, each two stories high, totaling 5,822 square feet. The property includes a separate ranch house, adding to its versatility. The buildings are in good, solid condition, featuring a recently updated roof (approximately 3 years old) with architectural shingles on the motel and a metal roof on the house. Built in 1950, the motel benefits from its C-2 zoning, opening doors to a wide range of commercial possibilities beyond its current use. The property's substantial size and prime location make it ideal for various ventures, including large-scale retail development. Sewer access is conveniently located nearby. The asking price is $950,000, translating to $163.17 per square foot. This is a rare chance to acquire a significant commercial property with substantial upside in a high-traffic area. Don't miss this opportunity to own a piece of West Seneca's commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    West Seneca
    County
    Erie
    State
    New York
    Longitude
    -78.7002078
    Latitude
    42.8116973

    Comparable in this City

    • $950,000

      Established Motel on Southwestern Blvd

      Fully functioning 13-room motel with development potential.
      1650 Southwestern Blvd, West Seneca, NY 14224
      View Details
    • Contact for pricing
      21,000 SF

      Buffalo Warehouse/Retail Space

      21,000 SF, Multi-Tenant, Vacant
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      0.36 Acres

      Residential Land in West Seneca

      0.36-acre parcel in a quiet residential neighborhood.
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    • $90,000
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      Updated Mobile Home with Garage

      Move-in ready 2-bedroom mobile home with modern updates and garage.
      41 Burgundy Cir, Buffalo, NY 14224
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    • $354,900
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      Two Buildings on Seneca Street

      Two buildings suitable for residential or office use.
      3638 Seneca St, West Seneca, NY 14224
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    • $925,000
      8,890 SF

      West Seneca Auto Shop Building

      8,890 SF building with 10 overhead doors.
      130 Orchard Park Rd, West Seneca, NY 14224
      View Details

    Similar Nearby for Sale

    • $950,000

      Established Motel on Southwestern Blvd

      Fully functioning 13-room motel with development potential.
      1650 Southwestern Blvd, West Seneca, NY 14224
      View Details
    • Contact for pricing
      93,100 SF

      I-90 Regional Development Site

      Prime West Seneca medical office & development land
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    • $4,110,000
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      83-Acre Industrial Land, West Seneca, NY

      Prime Metro Buffalo location, subdividable.
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    • $65,000
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      Land in West Seneca

      Vacant land for sale in a quiet neighborhood.
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    • $170,000
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      West Seneca Warehouse Opportunity

      Freestanding warehouse building, ideal for distribution or storage.
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    • $2,394,370
      15,059 SF

      Retail Property with Corporate Guaranty

      Retail property with a corporate-guaranteed lease and expansion options.
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    Similar Nearby for Lease

    • $10 SF/Yr
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      356 Lein Rd

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      Professional Office Space Available

      Office space with beautiful grounds and affordable rent.
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    • $15 SF/Yr

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      Modern office building with flexible lease options and ample parking.
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      West Seneca Office/Medical/Retail Space

      Office, medical, or retail space available for rent.
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    • $19 SF/Yr
      1,834 SF

      Clean Office Space Near Plaza

      Fair-conditioned office space near Southgate Plaza with included parking.
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    • $3 SF/Yr
      35,000 SF

      West Seneca Manufacturing/Warehouse Opportunity

      3.10 acre site with five buildings available for lease.
      1700 Union Rd, West Seneca, NY 14224
      View Details
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    1630 Southwestern Blvd
    West Seneca, NY 14224
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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