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Financial
Distress signals
Property profile

3249 Sheridan Dr Buffalo, NY 14226

FOR LEASE
Retail space
Property ID
US63-6136141
12,551 SF 1.38 ac lot Built 1999
Last sale Nov 2005 · $4,948,587
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 12,551 square foot retail space, located at 3249 Sheridan Drive in Amherst, NY, presents a unique investment opportunity. Formerly a Rite Aid, this single-tenant building boasts a prime corner location within the Amherst Retail Corridor, ensuring high visibility and significant foot and vehicle traffic. Built in 1999 and renovated in 2006, the property features a spacious open floor plan with a second-floor mezzanine, providing ample room for various business configurations. …

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 · 2019

What does the county charge?
$87k
Tax billed · 2019
Assessed value · 2023$2.51M
Assessed land$495k
Assessed improvement$2.02M
Effective rate3.46%

Value estimate

· Oct 2026
$3.92M
$3.53M – $4.31M
AI approach$3.83M
Submarket $/SF estimate$3.02M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$144/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$63 – $241
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SC-3
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.4
Realty agency16.7
Parking Facility16.0

Location

3249 Sheridan Dr Buffalo, NY 14226
County assessor Recorded deeds · 2 transfers 4 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3171 Sheridan, Buffalo, NY 14226-1909 $2,525,000 Apr 2025 15,328 SF
3150 Sheridan, Buffalo, NY 14226-1905 $850,000 Feb 2023 4,146 SF
2043 Kensington, Buffalo, NY 14226-4722 $4,105,185 Dec 2022 13,855 SF
2050 Kensington, Buffalo, NY 14226-4721 $1,300,000 Jan 2022 3,000 SF
2000 Kensington, Buffalo, NY 14226-4611 $8,209,679 Jul 2021 13,898 SF
675 Alberta, Buffalo, NY 14226-1140 $6,300,000 Jul 2019 122,669 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
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