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Property profile & analytics
FOR SALE
Commercial land

3256 Lake Shore Rd Buffalo, NY 14219

0.08 ac lot
Individually Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US63-3272988
Property summary
AI-generated overview

This exceptional commercial land opportunity in Buffalo, NY, presents 0.25 acres of prime real estate ideally situated on Lake Shore Road. The property, encompassing three combined lots (3256, 3246, & 3252 Lake Shore Rd), boasts an impressive 117 feet of frontage, ensuring high visibility and accessibility. Zoned NC (Commercial), this parcel is perfectly positioned to capitalize on the high annual average daily traffic (AADT) along this busy thoroughfare. All utilities are conveniently located at the street, simplifying the development process and minimizing upfront costs. The corner lot configuration offers additional advantages for building design and maximizing exposure. This is a turnkey opportunity for developers seeking a strategically located site for a variety of commercial ventures. The property's size and zoning make it suitable for a range of projects, from retail establishments to small-scale commercial buildings. With its prime location, excellent visibility, and readily available utilities, this property represents a compelling investment opportunity in a thriving Buffalo market. Act quickly to secure this exceptional piece of commercial land.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.08 ac (3,280 SF)
APN 144889 150.58-2-23
UPID US63-3272988
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cathy Fabiatos · 19 yrs held
Cathy Fabiatos
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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