Property profile

2230 Elmwood Ave Buffalo, NY 14216

OFF-MARKET
Drive through restaurants
Property ID
US63-5440336
2,093 SF 0.47 ac lot Built 2022
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2022
Total area 2,093 SF
Lot 0.47 ac (20,289 SF)
Zoning code D-IL
APN 140200 78.37-1-14.11
UPID US63-5440336

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
  • Restaurant
  • Restaurant Take-out & Catering
  • Factory Production Facility

Location

2230 Elmwood Ave Buffalo, NY 14216-1011
Buffalo metro Census 5600 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.25M

Owner & transaction history

since 2022
Last sale
$2.5M
2 recorded transactions
2022
$2.5M
2021
$375,000

Zoning & alternative use

D-IL · Buffalo, NY
Zoning description

D-R, D-M, D-E, D-S, D-C, D-IL, D-IH, D-OS, D-OG, D-ON, C-R C-W-100 TABLE 5A: WATERFRONT YARDS DECEMBER 2016 CITY OF BUFFALO | CHAPTER 496, UNIFIED DEVELOPMENT ORDINANCE CORRIDOR ZONES | 5-9 where it finds that developmen…

General category MIXED_USE

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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