Property profile

301 Ohio St Buffalo, NY 14204

OFF-MARKET
Other investment properties
Property ID
US63-5394258
51,244 SF 2.12 ac lot Built 2016
Entity Owned Free & Clear
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Property summary

AI-generated overview

An 8,384 sq. ft. office space with a contemporary loft build-out is located on the Buffalo River, directly across from RiverWorks, with first-floor access and unobstructed river views. The property includes a patio area, roll-up doors, and dock facilities, along with a kayak launch. Interior layout comprises 17 private, glass-fronted offices, a large open-plan area suitable for cubicles, flexible workspaces, and team settings, plus three conference rooms and a kitchenette. A soundproof room is provided for recording, webinars, and podcasts and can also function as a private “mother’s room.” The building offers on-site parking and is configured for office use, with a remaining occupancy term of 4.5 years and the potential for an additional extension; selected furnishings and related contents may be negotiated.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2016
Total area 51,244 SF
Lot 2.12 ac (92,347 SF)
Zoning code N-1C
APN 140200 122.10-2-24
UPID US63-5394258

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
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Apartment Building
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

301 Ohio St Buffalo, NY 14204-2561
Buffalo metro Census 16400 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.52M
Comparable Approach Comparable
$6.16M
Blend (final) Blend
$6.57M

Owner & transaction history

Zoning & alternative use

N-1C · Buffalo, NY
Zoning description

3.1.2 N-1C Mixed-Use Cor e 3-4 3.1.3 N-1S Secondar y Employment Center 3-5 3.1.4 N-2C Mixed-Use Center 3-6 3.1.5 N-2E Mixed-Use Edge 3-7 3.1.6 N-2R Residential 3-8 3.1.7 N-3C Mixed-Use Center 3-9 3.1.8 N-3E Mixed-Use Edg…

General category MIXED_USE
Top alternative use upside
Retail stores $7.4M +83.5%
Neighborhood: shopping center $6.7M +65.8%
Restaurant $6.3M +58.2%

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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