Property profile

2671 Seneca St Buffalo, NY 14224

OFF-MARKET
Gas stations
Property ID
US63-0175999
4,702 SF 1 ac lot Built 1935
Entity Owned 16-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Exceptional opportunity to acquire a thriving, established full-service automotive center and valuable residential land in West Seneca, NY. This 4,702 square foot facility, built in 1900, sits on a 5-acre lot and boasts 7 loading docks, 25 parking spaces, and a spacious layout including 7 service bays and 6 lifts (with room for a 7th). The building features sturdy cinderblock construction and a clean environmental report. The interior comprises 1,232 square feet of non-production space, encompassing a reception area, two offices, a customer bathroom, an employee bathroom with shower, and a full kitchen. Included are two air compressors and 800 gallons of one-year-old oil drums. The property is zoned C2 and R50, allowing for potential residential development on the two vacant lots (minimum 8,000 sq ft single-family lots, or up to 7 lots of 70' x 115'). The business has a 50-year history, a loyal customer base, and consistent revenue. Inventory and inspection machine are negotiable separately. This turnkey operation offers significant revenue potential and expansion possibilities in a highly desirable location with easy thruway access. A detailed survey is available.

Property profile

Verified
Property type Gas stations
Use group GAS STATION
Year built 1935
Total area 4,702 SF
Lot 1 ac (43,560 SF)
Zoning code 11
APN 146800 133.52-2-9.1
UPID US63-0175999

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
  • Auto Repair Shop

Location

2671 Seneca St Buffalo, NY 14224-1834
Buffalo metro Census 11700 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2010
3 recorded transactions
2010
Price N/A
2004
$242,500
1969
Price N/A

Zoning & alternative use

11 · Buffalo, NY

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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