2050 Sheridan Dr Buffalo, NY 14223-1470
- Gas stations
- 1,560 SF
- 0.67 lot acres
Current Use by Public Records
- Sunoco / Gas Station
- ATM (Roy's Mobil) / Atm
- Mobil / Gas Station
Property Details for 2050 Sheridan Dr
- Year built
- 1960
- Lot size
- 0.67 lot acres
- Property size
- 1,560 SF
- Zone code
- C
- Property type
- Gas stations
- APN
- 146489 66.33-2-35
- APU
- 1464896633235
Description
This exceptional single-tenant retail property, a gas station, boasts 1,560 square feet on a half-acre lot in Buffalo, NY's desirable Sheridan Drive corridor. The property benefits from a high-traffic location at a signalized intersection, providing four convenient access points for customers. Its strategic position between two major retail corridors, Delaware & Sheridan and NFB & Sheridan, ensures significant visibility and accessibility. The strong surrounding retail environment includes nearby Key Bank, Rite Aid, and Dollar Tree, creating a synergistic retail cluster. This location is further enhanced by a substantial population base; a neighborhood population of 316,544 people resides within a 5-mile radius, providing a large potential customer pool. The property's single-tenant occupancy simplifies management and offers a stable income stream. The substantial land area offers potential for future expansion or redevelopment, subject to local zoning regulations. This presents a compelling opportunity for investors seeking a well-located, high-traffic retail asset in a thriving Buffalo, NY market. The property's size and location make it an ideal investment for both experienced and emerging investors in the convenience store and fuel retail sector. The high visibility and accessibility, coupled with the strong demographics, create a compelling value proposition for potential buyers. This is a rare opportunity to acquire a well-established business in a prime location with significant growth potential.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $345,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $324,000
Market price range: $129k - $555k
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Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.858
- Latitude
- 42.9813
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA