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Property summary
This 1,644+/- square foot vacant gas station and former autobody shop presents a compelling investment opportunity in Buffalo, NY. Located on a high-traffic intersection at Hinman Ave and Military Rd, the property boasts excellent visibility across from established businesses like Froth Brewing and Wingnutz. The 0.36-acre lot (160' x 98') includes a 12,000-gallon double-walled steel fuel tank with double-walled piping, two newer dispensers with four fueling stations under one canopy, and a street-facing pole sign. Three above-ground tanks store used oil. A point-of-sale system and security system are already in place. The existing building offers ample space for conversion into a convenience store, with the potential to leverage the existing infrastructure. All equipment is available for an additional price. The seller is open to financing options with a substantial down payment, and a favorable 10-year product supply agreement is in place. The property is sold as-is. This location benefits from strong residential development and high daytime/nighttime activity, with proximity to major roadways (I-90 and Route 33) and numerous retail establishments including Tops, Aldi, Home Depot, and more. The property is zoned commercial.
Property profile
VerifiedCap rate & NOI
Current use
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Gas Station
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Gas Station
Location
Value estimations
Owner & transaction history
Zoning & alternative use
D-R, D-M, D-E, D-S, D-C, D-IL, D-IH, D-OS, D-OG, D-ON, C-R C-W-100 TABLE 5A: WATERFRONT YARDS DECEMBER 2016 CITY OF BUFFALO | CHAPTER 496, UNIFIED DEVELOPMENT ORDINANCE CORRIDOR ZONES | 5-9 where it finds that developmen…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
D-S · Buffalo, NYD-R, D-M, D-E, D-S, D-C, D-IL, D-IH, D-OS, D-OG, D-ON, C-R C-W-100 TABLE 5A: WATERFRONT YARDS DECEMBER 2016 CITY OF BUFFALO | CHAPTER 496, UNIFIED DEVELOPMENT ORDINANCE CORRIDOR ZONES | 5-9 where it finds that developmen…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
D-R, D-M, D-E, D-S, D-C, D-IL, D-IH, D-OS, D-OG, D-ON, C-R C-W-100 TABLE 5A: WATERFRONT YARDS DECEMBER 2016 CITY OF BUFFALO | CHAPTER 496, UNIFIED DEVELOPMENT ORDINANCE CORRIDOR ZONES | 5-9 where it finds that developmen…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for D-S in Buffalo, NY.
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