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    Property profile & analytics

    96 Botsford Pl Buffalo, NY 14216

    • Warehouses
    • 4,132 SF
    • 0.76 lot acres
    For Sale
    View listing
    $350,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-5258949
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 96 Botsford Pl

    Year built
    1960
    Lot size
    0.76 lot acres
    Property size
    4,132 SF
    Zone code
    D-S
    Property type
    Warehouses
    APN
    140200 78.54-5-6.11
    APU
    14020078545611

    Description

    This 0.76-acre commercial/industrial land parcel, located at 96 Botsford Place in Buffalo, NY (APN 78.54-5-6.11), is zoned D-S and offers significant development potential. Situated on a dead-end street with existing light industrial businesses, this property enjoys convenient access to major thoroughfares including Elmwood Avenue, Hertel Avenue, I-190, and NYS Route 198, as well as the Peace Bridge. The site is currently enrolled in the NYS DEC Brownfield Cleanup Program, ensuring future development readiness. Its proximity to established businesses and key transportation routes makes it an ideal location for a variety of commercial or industrial projects. The asking price is $350,000. This shovel-ready site presents a unique opportunity for investors seeking a strategic location in a thriving area of Buffalo. The property is owned by 5001 Group, LLC.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $250,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $328,000
      Market price range: $100k - $328k
      AI Estimate
      $249,000
      Market price range: $87.8k - $250k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8752
    Latitude
    42.9514
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,325
    $250,000
    $5,000
    $255,000
    -
    $357,143
    $7,143
    $364,286

    Comparable in this City

    • Value Estimation
      $320,000
      13,050 SF

      452 Hinman Ave

      WAREHOUSE, STORAGE • 13,050 SF
      452 Hinman Ave, Buffalo, NY 14216
      View Details
    • Value Estimation
      $295,000
      10,210 SF

      276 Hinman Ave

      WAREHOUSE, STORAGE • 10,210 SF
      276 Hinman Ave, Buffalo, NY 14216-1015
      View Details
    • Value Estimation
      $470,000
      10,161 SF

      1570 Kenmore Ave

      WAREHOUSE, STORAGE • 10,161 SF
      1570 Kenmore Ave, Buffalo, NY 14216
      View Details
    • Value Estimation
      $275,000
      9,084 SF

      2180 Elmwood Ave

      WAREHOUSE, STORAGE • 9,084 SF
      2180 Elmwood Ave, Buffalo, NY 14216-1003
      View Details
    • Value Estimation
      $235,000
      960 SF

      319 Hinman Ave

      WAREHOUSE, STORAGE • 960 SF
      319 Hinman Ave, Buffalo, NY 14216-1042
      View Details
    • Value Estimation
      $245,000
      6,814 SF

      99 Comet Ave

      WAREHOUSE, STORAGE • 6,814 SF
      99 Comet Ave, Buffalo, NY 14216-1710
      View Details

    Similar Nearby for Sale

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      13,050 SF

      North Buffalo Warehouse with Showroom

      Warehouse with showroom/retail space in North Buffalo near Military Road.
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    • $3,300,000
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      Prime Buffalo Warehouse - $3.3M

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    • $235,000
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      Industrial Flex Building with Garage

      2,548 SF industrial/flex building with detached garage.
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    • $1,400,000

      Prime Buffalo Warehouse - Hertel Ave.

      Fully Leased Industrial Warehouse, 12,488 SF
      151 Botsford Pl, Buffalo, NY 14216
      View Details
    • $350,000
      0.76 Acres

      Prime Buffalo Commercial Land

      0.76-acre lot, shovel-ready site
      96 Botsford Pl, Buffalo, NY 14216
      View Details
    • Contact for pricing
      6,500 SF

      Prime Buffalo Distribution Center

      6,500 SF Industrial Space - For Sale/Lease
      151 Botsford Pl, Buffalo, NY 14216
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    Similar Nearby for Lease

    • $6 SF/Yr
      20,000 SF

      North Buffalo Industrial Facility

      Prime industrial facility for lease in North Buffalo area.
      285 Hinman Ave, Buffalo, NY 14216
      View Details
    • Contact for pricing

      North Buffalo Office/Storage Space

      Office and storage space in prime North Buffalo location.
      277 Hinman Ave, Buffalo, NY 14216
      View Details
    • Contact for pricing
      16,880 SF

      Warehouse with Class A Office

      Freestanding warehouse with office space in North Buffalo.
      289 Ramsdell Ave, Buffalo, NY 14216
      View Details
    • $1,850 /Mo
      2,090 SF

      Flex Space with Warehouse

      Flex space featuring offices, warehouse, and parking.
      40 Comet Ave, Buffalo, NY 14216
      View Details
    • $7 SF/Yr
      25,400 SF

      Industrial Space in Buffalo, NY

      25,400 SF industrial property available for lease.
      321 Ramsdell Ave, Buffalo, NY 14216
      View Details
    • Contact for pricing
      5,869 SF

      Available Flex Space in Buffalo

      Former beauty school with reception area and great parking.
      2625 Delaware Ave, Buffalo, NY 14216
      View Details
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    96 Botsford Pl
    Buffalo, NY 14216
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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