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    Property profile & analytics

    287 Commerce Dr Amherst, NY 14228-2302

    • Manufacturing properties
    • 18,600 SF
    • 2.82 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Location Intelligence
    Property ID
    US63-6074227
    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

    • Synergy Tooling Systems, Inc. / Tool Manufacturer
    • Globe Streak / Internet Marketing Service

    Property Details for 287 Commerce Dr

    Year built
    1983
    Lot size
    2.82 lot acres
    Property size
    18,600 SF
    Zone code
    RD
    Property type
    Manufacturing properties
    APN
    142289 40.07-3-7
    APU
    142289400737

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $565,000
      6.5%
      $525,000
      7%
      $540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $530,000
      Geo Method
      $595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $605,000
      Retail
      $605,000
      Mixed-Use
      $605,000
      Hospitality
      $510,000
      Educational
      $575,000
      Residential Income
      $545,000
      Energy
      $505,000
      Income-Based Land
      $575,000
      Food Service
      $655,000

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Erie
    State
    New York
    Longitude
    -78.8114
    Latitude
    43.0267
    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
    2019
    $32,969
    $125,000
    $855,000
    $980,000
    -
    $201,613
    $1,379,032
    $1,580,645

    Comparable in this City

    • Value Estimation
      $2,485,000
      27,714 SF

      500 Creekside Dr

      MANUFACTURING (LIGHT) • 27,714 SF
      500 Creekside Dr, Amherst, NY 14228-2109
      View Details
    • Value Estimation
      $335,000
      5,760 SF

      32 Ellicott Crk Rd

      MANUFACTURING (LIGHT) • 5,760 SF
      32 Ellicott Crk Rd, Buffalo, NY 14228
      View Details
    • Value Estimation by Request
      117,048 SF

      435 Creekside Dr

      MANUFACTURING (LIGHT) • 117,048 SF
      435 Creekside Dr, Amherst, NY 14228-2135
      View Details
    • Value Estimation
      $380,000
      12,000 SF

      42 Ellicott Crk Rd

      MANUFACTURING (LIGHT) • 12,000 SF
      42 Ellicott Crk Rd, Amherst, NY 14228-2316
      View Details
    • Value Estimation by Request
      56,645 SF

      168 Creekside Dr

      INDUSTRIAL (GENERAL) • 56,645 SF
      168 Creekside Dr, Amherst, NY 14228-2037
      View Details
    • Value Estimation by Request
      45,013 SF

      405 French Rd

      WAREHOUSE, STORAGE • 45,013 SF
      405 French Rd, Amherst, NY 14228-2010
      View Details

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    Similar Nearby for Lease

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      4,653 SF

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      Office, flex, and warehouse space near University at Buffalo.
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      View Details
    • $10 SF/Yr
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      Office Space Near UB Campus

      Office space for rent near UB North Campus and I-990.
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    • $999 /Mo

      Rylie Court

      Office/Work Space Available
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      Niagara Falls Boulevard Retail Spaces

      Retail and office spaces available on Niagara Falls Boulevard.
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      Vacant Land on Millersport Highway

      Vacant 0.73 acre lot with strong visibility and access.
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      View Details
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    287 Commerce Dr
    Amherst, NY 14228-2302
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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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