Property profile

4588 Park Ave Blasdell, NY 14219

OFF-MARKET
Office buildings
Property ID
US63-1041936
10,756 SF 2.5 ac lot Built 1901
Individually Owned 16-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property at 4588 South Park Avenue consists of three structures totaling approximately 17,000 square feet on 2.5 acres, located at the roundabout of South Park Avenue and Big Tree Road with access to major routes including I-90 and Rt. 219 and in proximity to Highmark Stadium. It includes a mix of commercial office and storage space. The primary structure is an 8,800-square-foot, three-story Victorian building originally constructed in 1901, featuring a restored historic interior with modern renovations and a functional elevator; it includes an entry/lobby/reception area, two conference/meeting rooms, approximately 15 private offices, and five bathrooms. The building’s amenities include restored hardwood floors, preserved architectural details such as staircases, moldings, and millwork, fireplaces, solid-core hardwood and glass doors, leaded glass windows, and updated mechanical systems serving four floors, along with newer windows, roofing systems, and a resurfaced parking lot. A second building, originally constructed in 1927, provides 7,680 square feet of two-story barn space with later additions from the 1980s, including storage and a full bathroom; it is heated, has a concrete floor, and features a metal roof, and has been used for employee fitness/work-out space and vehicle storage. The third structure is a 400-square-foot, restored stone block and wood-sided cottage built in 1901. Outdoor parking includes an asphalt lot with approximately 35–40 spaces plus about 15 garaged spaces associated with the barn/garage, and the property has curb cuts on both South Park and Big Tree Road.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1901
Total area 10,756 SF
Lot 2.5 ac (108,900 SF)
Zoning code C1
APN 144889 160.14-1-5
UPID US63-1041936

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Consultant Construction Company
  • Consultant

Location

4588 Park Ave Blasdell, NY 14219-2844
Blasdell metro Census 12904 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2010
2 recorded transactions
2010
$43,200
1969
Price N/A

Zoning & alternative use

C1 · Blasdell, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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