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271 Dingens St Buffalo, NY 14206

Automotive properties Google Maps
25,676 SF 3.5 ac lot Built 1960
Entity Owned 22-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$400k
Range $360k – $440k (±10%)
Property ID US63-0228575

Property summary

AI-generated overview

This exceptional 25,676-square-foot industrial warehouse, located at 271 Dingens St in Buffalo, NY, presents a significant opportunity. Situated on a 3.5-acre lot in Erie County, this single-tenant property offers ample space for a variety of businesses. Built in 1960, the building is classified as Class C and boasts a 16-foot ceiling height, providing excellent vertical clearance. The property features 14 dock-high doors, ensuring efficient loading and unloading operations. Currently entirely vacant, this warehouse is ready for immediate occupancy. Its versatile design makes it suitable for a range of uses, including truck/bus/vehicle maintenance facilities or manufacturing/distribution operations. The property's size and location in Buffalo, NY, zip code 14206, offer excellent access to major transportation routes, making it an attractive option for businesses seeking a strategic location within the region. The entire 25,676 square feet is available for lease. This presents a rare opportunity to secure a substantial industrial space in a prime location.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1960
Total area 25,676 SF
Lot 3.5 ac (152,460 SF)
Zoning code D-IL
APN 140200 112.19-2-4.1
UPID US63-0228575

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
  • Car Dealership

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.14M
Blend (final) Blend
$400k

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

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
Top alternative use upside
Restaurant $3.2M +27.2%
Office building $3.0M +19.1%

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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