2545 Niagara Fls Blvd, Buffalo, NY 14228-3527
This exceptional 1.5-acre redevelopment opportunity in Buffalo, NY, presents a unique chance to capitalize on a prime commercial location. The property boasts 12,107 square feet of existing building space, previously occupied by a successful restaurant, along with an adjacent duplex. The site features a large, paved parking lot accommodating 90+ vehicles, and benefits from high visibility due to its prominent corner location on Niagara Falls Boulevard and Ellicott Creek Road, a major thoroughfare with an average daily traffic count of 35,600 vehicles. The property is zoned for commercial use and offers significant road frontage (484 feet). Its strategic location in Amherst, NY, places it near numerous amenities, including Ellicott Creek Park, Amherst Office Park, and major retailers such as Tops, Wegmans, Kohl's, Target, Trader Joe's, Tim Horton's, and Anderson's Frozen Custard. The property's size and location make it suitable for a variety of development projects, offering significant potential for future growth and profitability. The existing structures provide immediate income potential while development plans are underway. This is a rare opportunity to acquire a substantial commercial property in a thriving area with excellent visibility and high traffic volume. The property is located at 2545 Niagara Falls Blvd, Buffalo, NY 14228. The single-story building is classified as Class B. The lot measures approximately 243 feet by 244 feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.