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Property profile & analytics
FOR SALE
Grocery and convenience stores
355 Orchard Park Rd, Buffalo, NY 14224
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US63-2058084
For Sale
1 / 4
$5,240,000
355 Orchard Park Rd, Buffalo, NY 14224
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Property summary
AI-generated overview
This exceptional 55-acre parcel in West Seneca, NY, presents a unique opportunity for regional development. Situated at the intersection of Ridge Road and Slade Avenue, this shovel-ready site boasts convenient access to the NYS Thruway I-90 (exit 55) and NFTA Bus Route 42. Zoned M1, it offers significant potential for various uses, including retail, multifamily, hospitality, and medical/continuing care facilities. The property includes a 93,100 square foot existing medical office building under an Absolute NNN lease, providing immediate income potential. All utilities are available, making this large contiguous parcel ideal for large-scale development. Its strategic location on the US-Canada border places it within a day's drive of 75% of the North American population, ensuring strong market access and potential for significant returns. This is one of Western New York's few remaining premier development sites, offering unparalleled potential for investors seeking a high-impact project. The property address is 355 Orchard Park Rd, Buffalo, NY 14224.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1997
Total area
87,720 SF
Lot
7.31 ac (318,424 SF)
Zoning code
12
APN
146800 143.05-1-27.12
UPID
US63-2058084
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
Current use
Occupant on record · Public records
-
Tops Pharmacy Pharmacy
-
Parking Lot near “TOPS FRIENDLY MARKETS Specialty Food Shop Supermarket
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
Western Union Bank Credit Union
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.55M
Blend (final)
Blend
$5.24M
Owner & transaction history
S & Re Co Of West Seneca Newco LLC · 14 yrs held
S & Re Co Of West Seneca Newco LLC
since 2012
1 recorded transaction
Zoning & alternative use
12 · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Buffalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buffalo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.24M
Range $4.72M – $5.76M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$60 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$285,060
Tax year 2019
Assessed value
$3,000,000
Assessed 2023
Previous assessed
$3,000,000
+0.0% YoY
Effective rate
9.50%
On assessed value
Assessed land
$541,600
Assessed improvement
$2,458,400
Land market value
$2,083,077
Improvement market value
$9,455,385
Total market value
$11,538,462
Applied tax rate
146,801.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Sale
Year built
1997
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
87,720 SF
Lot
7.31 ac (318,424 SF)
Zoning code
12
APN
146800 143.05-1-27.12
UPID
US63-2058084
Jurisdiction
ERIE
Zoning & alternative use
12 · Buffalo, NY
Zoning 12 · permitted uses
12 · Buffalo, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buffalo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
7.31 ac
Current owner
From public records · entity-resolved
S & Re Co Of West Seneca Newco LLC
Entity
Mailing address
PO BOX 1027, BUFFALO, NY 14240-1027
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2012
—
S & Re Co Of West Seneca Newco LLC
—
Deed Of Trust
related
$19,884,912 · Woodchuck Hill Assocs
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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