Property profile

298 Dorrance Ave Buffalo, NY 14220

OFF-MARKET
Assisted living facilities
Property ID
US63-2280355
47,250 SF 7.03 ac lot Built 1983
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1983
Total area 47,250 SF
Lot 7.03 ac (306,227 SF)
Zoning code D-R
APN 140200 133.81-3-44.2
UPID US63-2280355

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

298 Dorrance Ave Buffalo, NY 14220
Buffalo metro Census 700 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
$739k
Blend (final) Blend
$625k

Owner & transaction history

since 2015
7 recorded transactions
2018
Price N/A
2017
Price N/A
2015
$5.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

D-R · 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 RESIDENTIAL

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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