Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4724 California Rd Orchard Park, NY 14127

    • Commercial real estate
    • 121.63 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2056426
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 4724 California Rd

    Lot size
    121.63 lot acres
    Property type
    Commercial real estate
    APN
    172.00-2-9.111

    Description

    This exceptional 121.63-acre property in Orchard Park, NY, presents a unique investment opportunity. Currently used as active farmland, it boasts full utilities (water, sewer, gas, and electric) and is zoned Residential 2, offering diverse development potential. Located in the highly desirable Orchard Park School District, consistently ranked among the top 10 high schools in the Buffalo area by U.S. News & World Report and Niche.com, this location provides excellent access to amenities and top-rated education. Enjoy convenient access to Route 219, placing you within a short drive of downtown Buffalo (13 miles), the village of Orchard Park (2 miles), and the village of Hamburg (5 miles). Recreational opportunities abound, with Chestnut Ridge Park just 4 miles away. The property's proximity to Highmark Stadium (home of the Buffalo Bills) adds to its appeal. The serene setting, featuring open land and wooded sections along Smoke Creek, is further enhanced by its adjacency to the Orchard Park Community Activity Center, a significant multi-use facility. The APN is 172.00-2-9.111. This expansive parcel offers a rare blend of agricultural potential, residential zoning, and prime location, making it an ideal investment for discerning buyers. The address is 4724 California Rd, Orchard Park, NY 14127.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orchard Park
    County
    Erie
    State
    New York
    Longitude
    -78.77594
    Latitude
    42.753618

    Comparable in this City

    • $1,600,000
      9.75 Acres

      Orchard Park Commercial Land Opportunity

      9.75 Acres, I1 Zoning, Prime Location
      0 Benzing Rd, Orchard Park, NY 14127
      View Details
    • $449,000

      Orchard Park Multifamily Opportunity

      Multifamily property for sale in Orchard Park, NY.
      6599 Jewett Holmwood Rd, Orchard Park, NY 14127
      View Details
    • $3,900,000
      30,648 SF

      Mixed-Use Buildings on Quaker Street

      Four buildings with retail and apartments on West Quaker Street.
      4288 S Buffalo St, Orchard Park, NY 14127
      View Details
    • $285,000

      Orchard Park Multifamily Property

      Multifamily property for sale in Orchard Park, NY.
      49 Bielak Rd, Orchard Park, NY 14127
      View Details
    • $339,900
      3,258 SF

      Multi-Family Home Near Highmark Stadium

      Versatile 2-family home with studio on 2-acre lot.
      3544 Abbott Rd, Orchard Park, NY 14127
      View Details
    • $249,900

      Hamburg Multifamily Property for Sale

      Multifamily property available in Hamburg, NY.
      4022 Sheldon Rd, Orchard Park, NY 14127
      View Details

    Similar Nearby for Sale

    • $1,600,000
      9.75 Acres

      Orchard Park Commercial Land Opportunity

      9.75 Acres, I1 Zoning, Prime Location
      0 Benzing Rd, Orchard Park, NY 14127
      View Details
    • $449,000

      Orchard Park Multifamily Opportunity

      Multifamily property for sale in Orchard Park, NY.
      6599 Jewett Holmwood Rd, Orchard Park, NY 14127
      View Details
    • $3,900,000
      30,648 SF

      Mixed-Use Buildings on Quaker Street

      Four buildings with retail and apartments on West Quaker Street.
      4288 S Buffalo St, Orchard Park, NY 14127
      View Details
    • $339,900
      3,258 SF

      Multi-Family Home Near Highmark Stadium

      Versatile 2-family home with studio on 2-acre lot.
      3544 Abbott Rd, Orchard Park, NY 14127
      View Details
    • $249,900

      Hamburg Multifamily Property for Sale

      Multifamily property available in Hamburg, NY.
      4022 Sheldon Rd, Orchard Park, NY 14127
      View Details
    • New
      $259,000
      2,250 SF

      Orchard Park Two-Family Investment Opportunity

      Two-unit property near Orchard Park Village with recent capital improvements.
      28 N Davis St, Orchard Park, NY 14127
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Orchard Park Commercial Land

      8+ acres of commercially zoned land near US-219.
      Big Tree Rd, Orchard Park, NY 14127
      View Details
    • Contact for pricing

      Prime Commercial Land For Lease

      Highly visible land available for ground lease or build to suit.
      3878 Southwestern Blvd, Orchard Park, NY 14127
      View Details
    • Contact for pricing

      Orchard Park Industrial Land

      15.75 acres of land suitable for manufacturing or light industry.
      30 Cobham Dr, Orchard Park, NY 14127
      View Details
    • Contact for pricing

      Orchard Park Commercial Land

      Commercial land available for office, retail, or light industrial use.
      2 Centre Dr, Orchard Park, NY 14127
      View Details
    • $12 SF/Yr
      15,000 SF

      Orchard Park Industrial Flex Space

      15,000 SF Flex Space - For Sale/Lease
      11 Cobham Dr, Orchard Park, NY 14127
      View Details
    • $22 SF/Yr
      7,500 SF

      Orchard Park Office Space Available

      7,500 SF Office Building, Flexible Suites
      70 Linwood Ave, Orchard Park, NY 14127
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4724 California Rd
    Orchard Park, NY 14127
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.