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Property summary
The property consists of a 9,200-square-foot retail building constructed to the O’Reilly Auto Parts prototype specifications, situated on a 0.83-acre lot in Buffalo, New York. The site is positioned on a hard corner with frontage on US-62, providing traffic exposure and visibility from the roadway. The premises are configured for commercial retail use and include ample on-site parking with convenient ingress and egress. The property is secured by a long-term, net-leased structure historically used by O’Reilly Auto Parts, with multiple renewal options featuring scheduled rent increases. The surrounding area includes major retail and service businesses such as Family Dollar, 7-Eleven, Tim Hortons, ALDI, Rent-A-Center, DaVita, M&T Bank, and Boost Mobile.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Parts Store
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Bank Credit Union
Location
Value estimations
Owner & transaction history
Zoning & alternative use
as applied in the N-3C zone. J. Elmwood Village Standards. 1. The Elmwood Village is defined as the area north of North Street, south of Forest Avenue, east of Richmond Avenue, and west of Delaware Avenue, but not includ…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
N-3C · Buffalo, NYas applied in the N-3C zone. J. Elmwood Village Standards. 1. The Elmwood Village is defined as the area north of North Street, south of Forest Avenue, east of Richmond Avenue, and west of Delaware Avenue, but not includ…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
as applied in the N-3C zone. J. Elmwood Village Standards. 1. The Elmwood Village is defined as the area north of North Street, south of Forest Avenue, east of Richmond Avenue, and west of Delaware Avenue, but not includ…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for N-3C in Buffalo, NY.
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