Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

3115 Bailey Ave Buffalo, NY 14215

FOR LEASE
Other investment properties
Property ID
US63-3371494
6,120 SF 0.16 ac lot Built 1935
Entity Owned Owner of record is a legal entity (LLC / corporation). 25-yr Hold Held for 25 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a retail building containing more than 7,100 square feet of retail space, with an additional basement area configured for storage. It has approximately 60 feet of frontage on Bailey Avenue, situated within an established commercial district, and includes access to street parking. The building is currently tenant-occupied, and the interior space is capable of being vacated; the premises are configured for either leasing or purchase.

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$196k
Assessed land$7k
Assessed improvement$189k
Effective rate0.52%

Value estimate

· Oct 2026
$235k
$212k – $259k
Submarket $/SF estimate$371k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$1k
Operating expenses−$21k
NOI · 497,310.00% cap applied$50k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$55/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$25 – $87
Qualifying comparables10

Cap rate analysis

How does the asset earn?
497,310.00%
$50k 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 Firm32.1
Dental Office22.0

Location

3115 Bailey Ave Buffalo, NY 14215
County assessor Recorded deeds · not on file 10 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3382 Bailey, Buffalo, NY 14215-1133 $1,175,000 May 2025 9,290 SF
1010 Kensington, Buffalo, NY 14215-2779 $205,000 Feb 2025 3,962 SF
1463 Delavan, Buffalo, NY 14215-3991 $290,000 Feb 2025 3,796 SF
3205 Bailey, Buffalo, NY 14215-1628 $280,000 Jul 2024 3,465 SF
1479 Kensington, Buffalo, NY 14215-1436 $450,000 Jul 2024 9,441 SF
3098 Bailey, Buffalo, NY 14215 $130,000 Mar 2024 5,649 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again