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Property profile & analytics

501 Amherst St Buffalo, NY 14207

  • Manufacturing properties
  • 29,129 SF
  • 0.98 lot acres
Value Estimations
$565,000
Cap Rate Potential
Location Intelligence
Property ID
US63-0439887
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

  • Quality Bindery Services Inc. / Bookbinder
  • Habitat Buffalo / Non-Profit Organization

Property Details for 501 Amherst St

Year built
1930
Lot size
0.98 lot acres
Property size
29,129 SF
Zone code
N-2E
Property type
Manufacturing properties
APN
140200 88.28-6-7.11
APU
14020088286711

Description

This exceptional commercial property at 501 Amherst Street in Buffalo, NY, presents a rare opportunity for businesses seeking a versatile and strategically located space. Boasting nearly 30,000 square feet on a 0.98-acre lot, this general commercial building offers a compelling blend of office and warehouse functionality. The property features multiple overhead doors of varying sizes, facilitating efficient loading and unloading operations. High ceilings throughout the building maximize storage and operational flexibility. Convenient front and rear loading bays streamline logistics, enhancing operational efficiency. The building's electrical system is robust, equipped with a 400 AMP capacity. A significant portion of the roof, approximately 75%, was replaced within the last two years, ensuring long-term structural integrity and reduced maintenance costs. Its prime location adjacent to a Wegmans supermarket provides exceptional visibility and accessibility, benefiting from high foot traffic and convenient access for employees and customers. This property is ideally suited for a variety of commercial uses, offering a unique combination of space, functionality, and location. The asking price is $999,900.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $445,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $431,000
    Market price range: $186k - $595k
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $805,000
    Current use

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


Location Insight

  • Map
  • Local Demand
City
Buffalo
County
Erie
State
New York
Longitude
-78.8849
Latitude
42.9395
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,793
$47,600
$297,400
$345,000
-
$68,000
$424,857
$492,857
More about this property
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