3021 Baker Rd Orchard Park, NY 14127-1493
- Investment properties
- 2,115 SF
- 2.00 lot acres
Current Use by Public Records
- Lackawanna Electric & Construction / Electrician
Property Details for 3021 Baker Rd
- Year built
- 1950
- Lot size
- 2.00 lot acres
- Property size
- 2,115 SF
- Zone code
- B3
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 146089 153.11-2-1
- APU
- 1460891531121
Description
This exceptional Orchard Park mixed-use property presents a compelling value-add investment opportunity. Situated on a picturesque 2-acre wooded lot, this property boasts 4,951 square feet of space spread across four buildings, including a move-in-ready single-family home with three bedrooms and two bathrooms, and a separate commercial building. The commercial building features an open first floor with a small kitchen and a second-floor in-law suite, offering versatile potential for various business ventures or rental income. The property also includes two standalone garages providing ample storage. Currently vacant, this three-unit property offers significant upside potential for rental income generation. Located on a quiet street, it enjoys proximity to the Buffalo Bills stadium (new stadium opening 2026) and the Lake Erie shoreline, while also benefiting from its location within a top-rated school district. The property is zoned B-3 Commercial, allowing for a range of uses. With 10 parking spaces and a generous 87,120 square foot lot, this property offers significant flexibility and development potential. Built in 1947, this two-story building presents a unique chance to capitalize on a prime location and create a thriving mixed-use investment. The property is currently vacant, allowing for immediate customization and tenant selection. This is a rare opportunity to acquire a substantial mixed-use property in a highly desirable Orchard Park location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $340,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $385,000
- Retail
- $340,000
- Mixed-Use
- $310,000
- Hospitality
- $385,000
- Educational
- $280,000
- Residential Income
- $390,000
- Energy
- $290,000
- Income-Based Land
- $300,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- Orchard Park
- County
- Erie
- State
- New York
- Longitude
- -78.7259
- Latitude
- 42.8034
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
