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Financial
Distress signals
Property profile

8397 Boston State Rd Boston, NY 14025

FOR SALE
Office buildings
Property ID
US63-1529957
3,744 SF 0.37 ac lot Built 1972
Last sale Jan 2012 · $180,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 3,744 square foot, Class B mixed-use building in Erie County offers a fantastic opportunity. Currently, a 1,872 square foot medical office space is available for lease on the first floor. The building, constructed in 1972, features a newer roof and updated apartments in the upper units. The property boasts ample parking, making it highly convenient for patients and staff. The versatile space is ideal for a variety of medical practices or other office uses. The building's multiple…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$236k
Assessed land$27k
Assessed improvement$209k

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$67k
Vacancy & credit loss−$11k
Operating expenses−$21k
NOI · 10.34% cap applied$35k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 307 recorded sales of this use type
Observed band · Q1–Q3$73 – $169
Qualifying comparables6

Cap rate analysis

How does the asset earn?
10.34%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand index
Electrical Service8.9
Law Firm8.6
Convenience Store8.5

Location

8397 Boston State Rd Boston, NY 14025
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 3 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
7350 State, Boston, NY 14025 $167,500 Apr 2024 1,472 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
3 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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