Financial
Distress signals
Property profile

2950 Seneca St West Seneca, NY 14224

FOR LEASE
Office buildings
Property ID
US63-3147360
1,240 SF 0.13 ac lot Built 1990
Last sale Dec 1996 · $104,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial office unit totaling 1,240 square feet, built in 1950, and zoned for commercial use. The interior layout includes three private offices, a reception area, and handicapped-accessible lavatories, with a front ramp providing access at the entry. The space had recent interior improvements, including new paint, flooring, and fixtures. The building is located on Seneca Street near the entrance to the 400 expressway, providing direct access to a major regional route.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$7k
Tax billed · 2019
Assessed value · 2023$76k
Assessed land$12k
Assessed improvement$65k
Effective rate9.08%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$134/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$72 – $180
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
10
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.4
Parking Facility11.2
Law Firm11.0

Location

2950 Seneca St West Seneca, NY 14224
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
721 Un, West Seneca, NY 14224-3933 $500,000 May 2025 1,485 SF
3640 Seneca, Buffalo, NY 14224-3400 $354,900 Jan 2024 1,403 SF
3686 Seneca, Buffalo, NY 14224-3400 $200,000 Aug 2023 1,703 SF
3918 Seneca, Buffalo, NY 14224-3411 $230,000 Dec 2021 1,271 SF
3557 Seneca, Buffalo, NY 14224-3437 $202,500 Nov 2021 1,406 SF
1265 Ctr, Buffalo, NY 14224-2313 $255,000 Jun 2021 1,804 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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