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    Property profile & analytics

    2438 Elmwood Ave Buffalo, NY 14217-2244

    • Investment properties
    • 8,365 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US63-2428021
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sylbie Hodas, PT / Physical Therapist
    • Mark Dirlam, PT / Physical Therapist / Physical Therapy Clinic
    • Ken-Ton Physical Therapy / Physical Therapist
    • Lisa Beeny / Physical Therapist
    • Madelaine Baco / Physical Therapist

    Property Details for 2438 Elmwood Ave

    Year built
    1960
    Lot size
    0.53 lot acres
    Property size
    8,365 SF
    Zone code
    04 - FARM
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    146401 78.21-1-19.1
    APU
    14640178211191

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $345,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $375,000
      Mixed-Use
      $410,000
      Hospitality
      $345,000
      Educational
      $370,000
      Residential Income
      $300,000
      Energy
      $310,000
      Income-Based Land
      $380,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8792
    Latitude
    42.9638
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $108,000
    $109,000
    $217,000
    -
    $450,017
    $454,183
    $904,200

    Comparable in this City

    • Value Estimation by Request
      8,297 SF

      1887 Military Rd

      STORE/OFFICE (MIXED USE) • 8,297 SF
      1887 Military Rd, Buffalo, NY 14217
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    • Value Estimation by Request
      10,592 SF

      3807 Delaware Ave

      STORE/OFFICE (MIXED USE) • 10,592 SF
      3807 Delaware Ave, Buffalo, NY 14217-1040
      View Details
    • Value Estimation by Request
      13,380 SF

      2365 Elmwood Ave

      STORE/OFFICE (MIXED USE) • 13,380 SF
      2365 Elmwood Ave, Buffalo, NY 14217-2603
      View Details
    • Value Estimation by Request
      1,360 SF

      1137 Kenmore Ave

      STORE/OFFICE (MIXED USE) • 1,360 SF
      1137 Kenmore Ave, Buffalo, NY 14217
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    • Value Estimation by Request
      7,640 SF

      3281 Delaware Ave

      STORE/OFFICE (MIXED USE) • 7,640 SF
      3281 Delaware Ave, Buffalo, NY 14217-1726
      View Details
    • Value Estimation
      $65,000
      1,524 SF

      1297 Kenmore Ave

      STORE/OFFICE (MIXED USE) • 1,524 SF
      1297 Kenmore Ave, Buffalo, NY 14217-2736
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      3,120 SF

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      Move-in ready retail space with large signage and high ceilings.
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      Kenmore Office Space for Rent

      Charming 4,000 SF office space in Kenmore area.
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    • $7 SF/Yr
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      Manufacturing Facility Available For Lease

      16,500 SF manufacturing facility for lease in Buffalo, NY.
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    • Contact for pricing
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      Kenmore Village Storefront for Lease

      Storefront in walkable commercial area, Kenmore Village. Lease only.
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    • $12 SF/Yr
      4,800 SF

      Elmwood Ave Office Space For Lease

      Versatile Office Building, 4,500 SF Available
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      View Details
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    2438 Elmwood Ave
    Buffalo, NY 14217-2244
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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