Property profile

1815 Love Rd Grand Island, NY 14072

OFF-MARKET
Manufacturing properties
Property ID
US63-3666112
30,500 SF 1.95 ac lot Built 1949
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 30,500-square-foot commercial property, located at 1815 Love Rd in Grand Island, NY, presents a unique investment opportunity. Situated on a 3-acre lot in Erie County, this single-story, Class B building boasts a prime location near the I-190 expressway, providing easy access to Erie and Niagara counties. Originally built in 1949 and extensively renovated in 2020, the property offers a blend of executive office and warehouse space, ideal for a variety of service-oriented businesses. The building features 11 on-site parking spaces and is currently entirely vacant, allowing for complete customization to suit a tenant's specific needs. This highly visible location is situated along a major north-south corridor connecting Buffalo, Niagara Falls, and Canada, ensuring high traffic and visibility. The property's adaptable layout makes it suitable for retail, office, or restaurant uses, presenting a rare chance to establish a business in a high-demand area. The building's recent renovation ensures modern amenities and functionality, making it an attractive option for businesses seeking a well-maintained and strategically located space. This is a first-generation space within a redeveloped building, offering a fresh and modern environment for new tenants. The property's multiple-tenancy potential allows for flexibility in leasing arrangements.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1949
Total area 30,500 SF
Lot 1.95 ac (84,942 SF)
Zoning code M1
APN 144600 51.10-1-40.111
UPID US63-3666112

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Corporate Office
  • Car Dealership

Location

1815 Love Rd Grand Island, NY 14072-2248
Grand Island metro Census 7305 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2019
6 recorded transactions
2025
Price N/A
2019
Price N/A
2018
$500,000
2006
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M1 · Grand Island, NY
Zoning description

strict § 407-75 Purpose. § 407-76 Principal uses and structures. § 407-77 Accessory uses and structures. § 407-78 Uses permitted upon issuance of special permit. § 407-79 Special rules for amusement parks. Article XVIII…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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