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    3021 Southwestern Blvd Orchard Park, NY 14127
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    3021 Southwestern Blvd, Orchard Park, NY 14127

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    • Strip malls
    • 2,400 SF
    • 0.67 lot acres
    For Sale
    $1,700,000
    View Listing →
    Commercial Land at Corner Location For Sale
    $1,700,000

    Commercial Land at Corner Location

    Over 5 acres of commercial land for development.

    3021 Southwestern Blvd, Orchard Park, NY 14127
    View Listing
    Property ID
    US63-2173229
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 3021 Southwestern Blvd

    Year built
    1974
    Lot size
    0.67 lot acres
    Zone code
    B2
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    146089 153.09-3-11
    APU
    14608915309311

    Description

    This exceptional 5.2-acre commercial land parcel presents a remarkable development opportunity in the thriving Orchard Park, New York market. Strategically located at the high-traffic corner of Southwestern Boulevard and Michael Road, this property boasts unparalleled visibility and accessibility. The combined parcels are ready for immediate development, offering significant potential for a wide range of commercial uses. Zoned B2, the site is ideally suited for projects seeking a prominent location with ample space. The expansive lot size provides flexibility for large-scale projects, while the prime location ensures high traffic and customer visibility. Detailed site plans and zoning information are available upon request. This is a rare chance to acquire a substantial commercial land holding in a desirable and rapidly growing area. The asking price for this exceptional property is $1,700,000. Don't miss this opportunity to secure a prime location for your next commercial venture in Erie County, New York, with easy access via Southwestern Boulevard and its proximity to the town of Orchard Park. The property's address is 3021 Southwestern Blvd, Orchard Park, NY 14127.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orchard Park
    County
    Erie
    State
    New York
    Longitude
    -78.739
    Latitude
    42.8029
    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
    2023
    $0.00
    $36,000
    $56,400
    $92,400
    -
    $105,896
    $165,904
    $271,800

    Comparable in this City

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      27,298 SF

      3170 Orch Park Rd

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    • Value Estimation
      $575,000
      6,678 SF

      6161-6165 Quaker St

      SHOPPING CENTER, STRIP CENTER
      6161-6165 Quaker St, Orchard Park, NY 14127
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    • Value Estimation
      $605,000
      24,145 SF

      6167 Quaker St, Unit 6185

      SHOPPING CENTER, STRIP CENTER
      6167 Quaker St, Orchard Park, NY 14127-2640
      View Details
    • Value Estimation
      $790,000
      8,580 SF

      3009 Un Rd

      SHOPPING CENTER, STRIP CENTER
      3009 Un Rd, Orchard Park, NY 14127-1214
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    • Value Estimation
      $15,155,000
      149,065 SF

      3201 Southwestern Blvd

      SHOPPING CENTER, STRIP CENTER
      3201 Southwestern Blvd, Orchard Park, NY 14127-1230
      View Details
    • Value Estimation
      $1,100,000
      14,220 SF

      3077 Un Rd, Unit 3093

      SHOPPING CENTER, STRIP CENTER
      3077 Un Rd, Orchard Park, NY 14127-1214
      View Details

    Similar Nearby for Sale

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      6,254 SF

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      Single-Story Building on 1.72 Acres

      12,300 sq ft building suitable for various commercial uses.
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      Orchard Park Office/Retail Building

      3284 SF building on 1.2 acres in Orchard Park.
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      Orchard Park Retail Opportunity

      Retail building for sale or lease in Orchard Park, NY.
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    • $995,000

      Retail Warehouse Plaza on Abbott Road

      29,000 SF retail/warehouse on 2 acres, available now.
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    • $285,000
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      Retail Building in Orchard Park

      Retail building with great potential, close to amenities and entertainment.
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    Similar Nearby for Lease

    • $16 SF/Yr

      Orchard Park Retail Space Available

      Retail space for lease in Orchard Park, New York.
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    • Contact for pricing
      1,566 SF

      Orchard Park Retail Space Available

      Retail space in Tops Market anchored shopping center.
      3245 Southwestern Blvd, Orchard Park, NY 14127
      View Details
    • Contact for pricing
      3,300 SF

      Tops Market Anchored Retail Center

      Dominant retail center in Orchard Park, NY for lease.
      3201-3231 Southwestern Blvd, Orchard Park, NY 14127
      View Details
    • Contact for pricing
      1,986 SF

      Orchard Park Retail Opportunity

      Retail space for lease in Orchard Park, NY.
      3310 Southwestern Blvd, Orchard Park, NY 14127
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      Auto Repair Shop For Rent

      3,472 SF auto shop with garage and office space.
      3482 Southwestern Blvd, Orchard Park, NY 14127
      View Details
    • Contact for pricing
      5,400 SF

      Orchard Park Village Retail/Office

      Located in the heart of Orchard Park Village.
      4191 N Buffalo Rd, Orchard Park, NY 14127
      View Details
    View Listing
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    Orchard Park, NY 14127
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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