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Financial
Distress signals
Property profile

419 Memorial Dr Buffalo, NY 14212

OFF-MARKET
Drive through restaurants
Property ID
US63-1310210
567 SF 0.3 ac lot Built 1940
Last sale Nov 2021 · $185,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 663-square-foot retail space, formerly an ice cream shop, presents a fantastic opportunity for a new business in the vibrant Sloan neighborhood of Buffalo, New York. Located at 419 Memorial Drive, this single-tenant property boasts excellent visibility and ample parking, making it highly attractive to customers. The building, constructed in 1940, sits on a 0.2-acre lot and is zoned for commercial use within Erie County. The entire 663 square feet is currently vacant and…

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?
$47
Tax billed · 2023
Assessed value$9k
Assessed land$9k
Assessed improvement$500
Effective rate0.52%

Value estimate

· Oct 2026
$170k
$153k – $187k
AI approach$160k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$124/SF
Submarket average, outlier-cleaned · 96 recorded sales of this use type
Observed band · Q1–Q3$53 – $216

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?
D-OS
D-OS zone. DECEMBER 2016 CHAPTER 496, UNIFIED DEVELOPMENT ORDINANCE | CITY OF BUFFALO DEFINITIONS & MEASUREMENTS | 2-9 Lot Line, Interior...
General categoryUNKNOWN
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.2
Dental Office13.0
Law Firm12.8

Location

419 Memorial Dr Buffalo, NY 14212
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1575 Broadway, Buffalo, NY 14212-2044 $30,000 Jul 2023 3,448 SF
881 Broadway, Buffalo, NY 14212 $65,000 May 2023 14,930 SF
797 Broadway, Buffalo, NY 14212-1152 $35,000 Apr 2023 1,392 SF
1728 Broadway, Buffalo, NY 14212 $2,200,000 Mar 2023 45,021 SF
964 Broadway, Buffalo, NY 14212-1318 $500,000 Apr 2020 3,600 SF
1040 Broadway, Buffalo, NY 14212 $425,020 Jan 2019 6,000 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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