Technical
Financial
Distress signals
Property profile

8035 Greiner Rd Buffalo, NY 14221

FOR SALE
Investment properties
Property ID
US63-3333719
3,561 SF 0.31 ac lot Built 1951
Entity Owned 19-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3,800-square-foot retail building, constructed in 1951 and renovated in 2016, presents a unique investment opportunity. Boasting 107 feet of frontage at a high-traffic intersection of Transit and Greiner Roads, this property enjoys unparalleled visibility in a dominant retail corner. The building features a single, currently vacant suite, offering immediate occupancy for a prospective tenant. Ample parking is available with 15 spaces to accommodate customers and employees. The property has a rich history, having housed Toscana salon & day spa for 16 years, demonstrating its suitability for a variety of retail uses. Its strategic location offers significant advantages, situated adjacent to a major regional power shopping center and a diverse mix of established national retailers including Walmart, BJ's Wholesale Club, Dick's Sporting Goods, LA Fitness, Old Navy, and Ulta Beauty. This prime location benefits from a strong demographic profile, with residents within a three-mile radius boasting an average household income exceeding $125,000. Furthermore, its proximity to the Buffalo Niagara International Airport, downtown Buffalo, and the Eastern Hills Mall enhances its accessibility and appeal. This is an exceptional opportunity to establish a thriving business in a high-demand retail location. The property is located in Erie County.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1951
Total area 3,561 SF
Lot 0.31 ac (13,504 SF)
APN 143200 57.17-5-17
UPID US63-3333719

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Hair Salon
  • Hair Salon

Location

8035 Greiner Rd Buffalo, NY 14221
Buffalo metro Census 14603 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2007
2 recorded transactions
2007
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message