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    Property profile & analytics

    4888 Southwestern Blvd Hamburg, NY 14075

    • Commercial land
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-0032532
    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 land

    Property Details for 4888 Southwestern Blvd

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    Redevelopment Site Consisting of 1.2 +/- Acres With 179' +/- Ft Frontage on Southwestern Blvd. With an Irregular Depth Adjacent to East of Lowes Plaza With a Kfc and Jiffy Lube on Out Parcels.

    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
    Hamburg
    County
    Erie
    State
    New York
    Longitude
    -78.8471989
    Latitude
    42.7541032

    Comparable in this City

    • Contact for pricing

      4244 Southwestern Blvd, Hamburg, NY 14075

      Commercial land
      4244 Southwestern Blvd, Hamburg, NY 14075
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      4-acre commercial lot for lease, build to suit.
      4050 Southwestern Blvd, Hamburg, NY 14075
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    • $119,900

      Vacant Land on Southwestern Blvd

      0.66 acre lot ideal for retail or office development.
      4840 Southwestern Blvd, Hamburg, NY 14075
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    • New
      $189,900
      5.20 Acres

      Derby, NY Development Opportunity

      5.2-acre parcel with commercial and residential development potential.
      Erie Rd, Derby, NY 14075
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    • Contact for pricing

      High Visibility Land on Southwestern

      Highly visible land with superb thruway and expressway access.
      4837 Southwestern Blvd, Hamburg, NY 14075
      View Details
    • Contact for pricing

      Prime Retail Pad Site Available

      1.12 acre retail pad site with direct access.
      Southwestern Blvd, Hamburg, NY 14075
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      4244 Southwestern Blvd, Hamburg, NY 14075

      Commercial land
      4244 Southwestern Blvd, Hamburg, NY 14075
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      4-acre commercial lot for lease, build to suit.
      4050 Southwestern Blvd, Hamburg, NY 14075
      View Details
    • $119,900

      Vacant Land on Southwestern Blvd

      0.66 acre lot ideal for retail or office development.
      4840 Southwestern Blvd, Hamburg, NY 14075
      View Details
    • New
      $189,900
      5.20 Acres

      Derby, NY Development Opportunity

      5.2-acre parcel with commercial and residential development potential.
      Erie Rd, Derby, NY 14075
      View Details
    • Contact for pricing

      High Visibility Land on Southwestern

      Highly visible land with superb thruway and expressway access.
      4837 Southwestern Blvd, Hamburg, NY 14075
      View Details
    • Contact for pricing

      Prime Retail Pad Site Available

      1.12 acre retail pad site with direct access.
      Southwestern Blvd, Hamburg, NY 14075
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Corner Lot in Hamburg, NY

      Corner lot with high visibility and strong demographics.
      4470 Southwestern Blvd, Hamburg, NY 14075
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    • Contact for pricing

      Commercial Land for Lease

      Multiple lots available for lease or joint venture in Hamburg.
      4500 Southwestern Blvd, Hamburg, NY 14075
      View Details
    • Contact for pricing

      Hamburg Land for Lease

      Land available for lease or joint venture in Hamburg.
      4484 Southwestern Blvd, Hamburg, NY 14075
      View Details
    • Contact for pricing

      Extensive Industrial Complex for Rent

      Large industrial complex on 53.99 acres in New Hamburg, NY.
      5690 Camp Rd, Hamburg, NY 14075
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    • Contact for pricing

      Medical Office Building Opportunity

      Prime medical office space with high visibility in Hamburg, NY.
      3633 Commerce Pl, Hamburg, NY 14075
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    4888 Southwestern Blvd
    Hamburg, NY 14075
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    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
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