Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

3101 Bailey Ave Buffalo, NY 14215

FOR SALE
Office buildings
Property ID
US63-1970573
4,198 SF 0.31 ac lot Built 1939
Last sale May 2022 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This vacant commercial office building at 3101 Bailey Avenue in Buffalo, New York sits on a 13,639-square-foot lot and provides 8,396 square feet of interior space. The former banking configuration includes a banking area with 14-foot ceilings, eight glass-enclosed offices, two drive-up teller or ATM lanes, and an 8' x 10' walk-in vault. A finished basement with 9-foot ceilings contains multiple restrooms and can support additional workspace or storage. Building systems include 400-amp…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$265k
Assessed land$14k
Assessed improvement$251k
Effective rate0.52%

Value estimate

· Oct 2026
$515k
$464k – $567k
AI approach$475k
NOI build-up
Gross scheduled income$171k
Vacancy & credit loss−$32k
Operating expenses−$35k
NOI · 9.10% cap applied$105k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$116/SF
Submarket average, outlier-cleaned · 204 recorded sales of this use type
Observed band · Q1–Q3$68 – $171
Qualifying comparables8

Cap rate analysis

How does the asset earn?
9.10%
$105k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
N-3C
The N-3C zone addresses mixed-use, walkable centers of Buffalo moderately compact neighborhoods. These neighborhood centers were original...
General categoryMIXED_USE
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency41.8
Law Firm33.5
Dental Office23.7

Location

3101 Bailey Ave Buffalo, NY 14215
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3435 Bailey, Buffalo, NY 14215-1145 $699,999 Sep 2023 5,610 SF
1057 Kensington, Buffalo, NY 14215-2737 $35,500 May 2022 4,068 SF
1070 Kensington, Buffalo, NY 14215 $75,000 Sep 2021 3,817 SF
1278 Kensington, Buffalo, NY 14215-1712 $40,000 Dec 2020 2,479 SF
3660 Harlem, Cheektowaga, NY 14215-2014 $250,000 Dec 2019 3,876 SF
337 Cleveland, Buffalo, NY 14215-1952 $267,000 Nov 2019 5,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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