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Property profile & analytics
OFF-MARKET
Mixed-use properties

50 Leo Pl Lackawanna, NY 14218

0.18 ac lot Built 1910
Property ID
US63-3212480
Property summary
AI-generated overview

This exceptional mixed-use property presents a unique investment opportunity in the thriving heart of Lackawanna, New York. Situated on a generous 0.18-acre lot (139 x 59 feet, totaling 8,033 square feet), the property features a substantial 1,682 square foot garage with four bays. Its strategic location near the intersection of Ridge Road and South Park Avenue offers unparalleled accessibility and visibility, making it ideal for a variety of commercial ventures. The expansive lot provides ample space for expansion, additional parking, or outdoor storage, further enhancing its versatility. The property's existing structure, a well-maintained four-bay garage, offers immediate income potential or the foundation for a creative redevelopment project. Given its size and location, this property is well-suited for a range of uses, from automotive repair and storage to light industrial or even potential conversion into retail or office space, subject to local zoning regulations. The possibilities are numerous, making this a truly compelling investment prospect in a dynamic and growing community. The asking price of $169,900 represents a significant value for a property with such potential in this desirable location. Serious inquiries are encouraged.

Property profile
Verified
Property type Mixed-use properties
Year built 1910
Lot 0.18 ac (7,841 SF)
UPID US63-3212480
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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