Property profile

468 Lake Shore Dr East Dunkirk, NY 14048

FOR SALE
Land
Property ID
US63-1784027
31 ac lot
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Property summary

AI-generated overview

This exceptional 31-acre property in Dunkirk, NY, presents a unique development opportunity. Located at 468 Lake Shore Dr E, this land boasts 700 feet of stunning Lake Erie lakefront, offering spectacular views. The property is zoned for Agriculture and Residential use, and has already undergone engineering, surveying, and approval for the development of up to 96 residential units – making it truly "shovel ready." Its convenient location across the street from a new manufacturing plant and near a city park with readily available services adds significant value. The land is currently offered as a whole for $700,000, but can be subdivided into two parcels, one priced at $400,000 and the other at $450,000. This prime location, combined with its pre-approved development plans, makes this an unparalleled investment opportunity for residential home and multifamily development. The property's proximity to amenities and its impressive lakefront views make it an ideal location for a high-demand residential project. Situated in Chautauqua County, NY, with a zip code of 14048, this property offers unparalleled potential for significant return. Don't miss this chance to acquire a truly exceptional piece of lakefront land.

Property profile

Verified
Property type Land
Lot 31 ac (1,350,360 SF)
UPID US63-1784027

Cap rate & NOI

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

Location

468 Lake Shore Dr East Dunkirk, NY 14048
Dunkirk metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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More about this property
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