Realmo Analytics
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Property summary
This exceptional 12,000-square-foot office building, situated on a 0.43-acre lot in Erie County, NY, presents a unique investment opportunity. The three-story Class B building boasts a convenient location at the corner of Sheridan Drive and Colvin Boulevard in Buffalo, NY 14223, offering easy access to major thoroughfares, including the New York State Thruway (I-290, exit 2), just 1.5 miles away. The property features 35-40 parking spaces with two curb cuts for convenient access, and is ADA… accessible with a wheelchair ramp and designated parking. The interior comprises versatile space suitable for a single tenant or multiple occupants, including executive offices, conference rooms, a cafeteria, break room, printer room, storage, and a vault. The building's infrastructure includes an elevator and both north and south stairwells. The first, second, and sub-basement floors offer flexibility for various configurations. Its prime location provides proximity to the University at Buffalo (both North and South campuses), major retail centers on Niagara Falls Boulevard, the Village of Elmwood, and North Delaware Avenue, as well as numerous restaurants, grocery stores, and pharmacies within walking distance. Zoned for commercial use, this property is ideal for medical practices, engineering firms, or other businesses seeking a high-visibility location with ample space and amenities. The building is available for sale or lease.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2019
Value estimate
· Oct 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 8,190 SF
- Lot area
- 0.43 ac
- Year built
- 1990
- Stories
- 2
- APN
- 146489 66.33-2-34.1
- Zoning
- C-1
- Assessed value · 2023
- $233,680
- Annual tax · 2019
- $24,607
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2019
- $24,607
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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