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Property profile & analytics
FOR SALE
Investment properties

7101 Porter Rd Niagara Falls, NY 14304

2,248 SF 0.4 ac lot Built 1940
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US63-0619135
Property summary
AI-generated overview

This exceptional 2.63-acre commercial land parcel, located at 7101 Porter Rd in Niagara Falls, NY, presents a fantastic business opportunity. Zoned B-, this property boasts a prime corner location in the heart of Niagara's business district, ensuring high visibility and 24/7 exposure. Its strategic position offers easy access to major transportation arteries, including I-290 and public transit, placing it within minutes of the Fashion Outlets of Niagara Falls USA, Niagara Falls International Airport, and the Lewiston Bridge. The property's high daytime traffic volume, particularly heavy vehicles, makes it ideal for a variety of commercial ventures. Further enhancing its appeal, a Speedway convenience store with 16 gas pumps is anticipated to be completed by Q4 2021, adding significant value and drawing even more traffic to the immediate area. The asking price for this exceptional property is $695,000. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving business district. The property is offered for sale by owner and is listed under Miranda Properties, LLC. The property's zip code is 14304, and it is situated in Niagara County, New York.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1940
Total area 2,248 SF
Lot 0.4 ac (17,600 SF)
Zoning code 01 - NOT ZONED
APN 293000 145.12-3-5
UPID US63-0619135
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
Current use
Occupant on record · Public records
  • Batch Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Miranda Properties LLC · 14 yrs held
Miranda Properties LLC
since 2012
2 recorded transactions
2012
$151,000
2012
$151,000
Zoning & alternative use
01 - NOT ZONED · Niagara Falls, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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