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Property profile & analytics
OFF-MARKET
Sports & entertainment properties

5505 Southwestern Blvd Hamburg, NY 14075-5801

1,800 SF 1.92 ac lot Built 1983
Individually Owned 1-yr Hold Free & Clear
Property ID
US63-5128581
Property summary
AI-generated overview

This exceptional 1.92-acre commercial property in Hamburg, NY, presents a remarkable development opportunity. Boasting 280 feet of high-traffic frontage on Southwestern Boulevard, the site includes three existing buildings. The main office building, suitable for various uses, measures 600 square feet (20' x 30'). A second building offers substantial space at 1,800 square feet (30' x 60'), featuring eleven garage doors (ten 7-foot, one 8-foot) providing excellent access, plus a 300-square-foot (10' x 30') heated storage bay. The third building comprises 1,400 square feet (20' x 70') with ten 7-foot garage doors. The property benefits from robust infrastructure, including 100 and 200-amp service with three-phase power, a heat pump system with air conditioning, and readily available electric and gas lines for future expansion. All buildings feature durable metal roofs. Annual property taxes are approximately $8,000, and the yearly water bill is around $280. The strategic location, across from a new 152-unit apartment complex currently under construction, makes this site ideal for a variety of uses, particularly a storage facility, capitalizing on the increased residential density. The substantial frontage and existing buildings offer immediate potential for income generation or redevelopment.

Property profile
Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 1983
Total area 1,800 SF
Lot 1.92 ac (83,635 SF)
APN 144889 182.09-1-5
UPID US63-5128581
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Radius Federal Credit Union · 1 yrs held
Radius Federal Credit Union
since 2025
Last sale
$248,000
6 recorded transactions
2025
$152,000
2025
$282,000
2022
$248,000
2021
$250,000
2008
$250,000
2007
$171,758
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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