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Property profile & analytics
OFF-MARKET Estimated value $1,320,000
Warehouses

24 Anderson Rd Buffalo, NY 14225-4906

25,200 SF 1.05 ac lot Built 1961
Entity Owned Absentee Owner Free & Clear
Property ID
US63-2568568
Property summary
AI-generated overview

This exceptional industrial property, located at 24 Anderson Road in Buffalo, NY, presents a compelling investment opportunity. The 25,200 square foot building sits on a 1.05-acre lot and is priced at $1,100,000, or $43.65 per square foot. Constructed in 1975, this vacant building offers versatile space suitable for distribution, manufacturing, or warehousing operations. Its strategic location directly off the Walden exit of the New York State Thruway (I-90) ensures convenient access for employees and clients. The property features a well-designed layout including ample space for storage, a showroom area ideal for product display, air-conditioned offices providing a professional work environment, a conference room, restrooms, and an employee breakroom. The property's zoning and permitted uses should be independently verified. This is an excellent chance to acquire a substantial industrial space in a prime Buffalo location. The property is ready for immediate occupancy. All information is deemed reliable but not guaranteed.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1961
Total area 25,200 SF
Lot 1.05 ac (45,738 SF)
Zoning code 05C
APN 143089 102.03-2-29
UPID US63-2568568
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$1.32M
Owner & transaction history
Niagara Power Transformer LLC
Niagara Power Transformer LLC
since 2025
Last sale
$1.3M
4 recorded transactions
2025
$668,000
2023
$1.3M
2022
Price N/A
2020
Price N/A
Zoning & alternative use
05C · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.1M +48.8%
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