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Property profile

405 Rhode Is St Buffalo, NY 14213

OFF-MARKET
Other warehouses
Property ID
US63-6250910
13,797 SF 0.71 ac lot Built 1940
Last sale Dec 2024 · $200,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

405 Rhode Island St is a mixed-use redevelopment site in Buffalo’s Five Points neighborhood, containing approximately 15,000+ square feet of combined office and retail-oriented space, along with a large brick garage equipped with power. The property is situated on a 0.71-acre lot and is positioned among established local businesses in an area characterized by commercial activity. The building and powered garage provide a configuration suitable for adaptive reuse and potential mixed development or reconfiguration, subject to applicable zoning and permitting approvals.

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?
$935
Tax billed · 2023
Assessed value$180k
Assessed land$155k
Assessed improvement$25k
Effective rate0.52%

Value estimate

· Oct 2026
$85k
$77k – $94k
AI approach$85k

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

Recently sold

What actually traded nearby?
$56/SF
Submarket average, outlier-cleaned · 146 recorded sales of this use type
Observed band · Q1–Q3$24 – $79
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?
N-2E
The N-2E zone addresses transitional areas, typically at the edges of more intense mixed-use centers, in Buffalo most compact neighborhoo...
General categoryMIXED_USE
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.0
HVAC Service10.9
Locksmith9.7

Location

405 Rhode Is St Buffalo, NY 14213-2239
County assessor Recorded deeds · 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1366 Ww, Buffalo, NY 14213 $450,000 Apr 2022 12,954 SF
1016 Niagara, Buffalo, NY 14213 $365,000 Apr 2022 11,913 SF
1114 Niagara, Buffalo, NY 14213 $1,050,000 Aug 2021 17,485 SF
98 Rhode Is, Buffalo, NY 14213 $170,000 Feb 2021 7,900 SF
1569 Niagara, Buffalo, NY 14213-1101 $750,000 Jul 2020 18,140 SF
1432 Niagara, Buffalo, NY 14213 $390,000 Oct 2019 17,200 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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