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    Property profile & analytics
    OFF-MARKET Estimated value $630,000
    Manufacturing properties

    4181 Bolivar Rd, Wellsville, NY 14895-9321

    10,000 SF 2.15 ac lot Built 1993
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-6020485
    Property summary
    AI-generated overview

    This exceptional 1.58-acre commercial land parcel in Wellsville, New York, presents a remarkable development opportunity. Located at 4181 Bolivar Road, the property boasts extensive frontage along a high-traffic road with an average annual daily traffic count of 10,264 vehicles. Its "shovel-ready" status signifies immediate construction readiness, eliminating lengthy site preparation delays. All necessary public utilities are readily available, simplifying the development process and minimizing upfront costs. The property's convenient location and high visibility make it ideal for a variety of commercial uses, particularly quick-service restaurants (QSRs) or retail establishments. The Allegany County location offers access to a strong local market and regional transportation networks. The APN is 238.7-2-6.11, and the property is owned by Wellsville Holding, LLC and is offered for sale by owner. This is a truly exceptional opportunity for investors seeking a prime commercial development site in a thriving community. The property is zoned for commercial use (verification of zoning with local authorities is recommended).

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1993
    Total area 10,000 SF
    Lot 2.15 ac (93,654 SF)
    Zoning code 01 - NOT ZONED
    APN 027089 238.7-2-6.11
    UPID US63-6020485
    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
    • FedEx OnSite Postal Service Courier Service
    • Babbitting Service, Inc - Engineered Bearing Solutions Division Marketing & Advertising IT Consulting Firm
    • Babbitting Service, Inc. Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $755k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $459k
    Blend (final) Blend
    $630k
    Owner & transaction history
    Fidc 118 LLC · 4 yrs held
    Fidc 118 LLC
    since 2022
    Last sale
    $650,000
    5 recorded transactions
    2022
    $400,000
    2015
    $890,000
    2009
    2006
    $3,100
    2005
    $65,000
    Zoning & alternative use
    01 - NOT ZONED · Wellsville, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $995,000 +151.5%
    Restaurant $845,000 +114.5%
    Office building $830,000 +110.6%
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