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    Property profile & analytics

    2719 Park Ave Buffalo, NY 14218

    • Investment properties
    • 9,800 SF
    • 0.12 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US63-1836152
    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

    • Metro by T-Mobile / Cell Phone Store / Cell Phone Accessory Store

    Property Details for 2719 Park Ave

    Year built
    1916
    Lot size
    0.12 lot acres
    Property size
    9,800 SF
    Zone code
    NC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    140900 142.38-2-24
    APU
    14090014238224

    Description

    This exceptional investment opportunity presents a vacant, multi-tenant retail building located at 2719 South Park Avenue in Buffalo, New York, 14218. The property boasts a total of 1,400 square feet situated on a sizable 0.67-acre lot. Currently vacant, this presents a unique chance for an investor or business owner to establish their presence in a high-traffic area. The building's strategic location directly across from the Basilica ensures excellent visibility and accessibility. The property's strong location and good traffic flow contribute to its high potential for return on investment. While the entire 1400 square foot building is currently vacant, the marketing materials mention a larger facility (9800 sq ft) which may indicate additional space available for lease or sale, potentially on a second floor with approximately 4-5 vacant offices out of 8 total. Low taxes further enhance the attractiveness of this property. This is a prime opportunity that won't remain available for long. Detailed information regarding the larger facility and lease options is available upon request.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $295,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $275,000
      Mixed-Use
      $250,000
      Hospitality
      $265,000
      Educational
      $230,000
      Residential Income
      $270,000
      Energy
      $260,000
      Income-Based Land
      $290,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8243
    Latitude
    42.826
    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
    $16,900
    $233,100
    $250,000
    -
    $21,395
    $295,105
    $316,500

    Comparable in this City

    • Value Estimation by Request
      1,706 SF

      3269 Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,706 SF
      3269 Park Ave, Buffalo, NY 14218-3527
      View Details
    • Value Estimation by Request
      3,432 SF

      677 Rdg Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,432 SF
      677 Rdg Rd, Buffalo, NY 14218-1551
      View Details
    • Value Estimation
      $300,000
      3,976 SF

      1385 Abbott Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,976 SF
      1385 Abbott Rd, Buffalo, NY 14218-2061
      View Details
    • Value Estimation
      $215,000
      2,000 SF

      2170 Abbott Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,000 SF
      2170 Abbott Rd, Buffalo, NY 14218-3604
      View Details
    • Value Estimation
      $250,000
      1,722 SF

      2198 Abbott Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,722 SF
      2198 Abbott Rd, Buffalo, NY 14218-3643
      View Details
    • Value Estimation
      $340,000
      9,050 SF

      2955 Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 9,050 SF
      2955 Park Ave, Buffalo, NY 14218-2613
      View Details

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    2719 Park Ave
    Buffalo, NY 14218
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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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