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Call for price

161 Cloverleaf Ave Buffalo, NY 14218

High-Growth Potential, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 18.4-25 acre commercial land parcel in Buffalo, NY, presents a unique investment opportunity. Currently operating as a golf range featuring a miniature putt-putt course, the property boasts a proven annual gross revenue of approximately $65,000. The property's strategic location offers significant value-add potential. Three convenient curb cuts provide excellent access, while readily available water, electric, and sewer utilities make it ideally suited for residential development, complementing the existing subdivisions. The property's visibility is further enhanced by its proximity to the Thruway. With a pro-forma net operating income (NOI) of $45,000, this property offers a strong return on investment and significant upside potential for future development. Located at 161 Cloverleaf Ave, Buffalo, NY 14218, in Erie County, this property is ready for a discerning investor to capitalize on its existing revenue stream and substantial development potential. The property's location offers easy access to major transportation routes, making it an attractive option for both commercial and residential ventures. This is a rare opportunity to acquire a well-positioned property with immediate income and significant long-term growth prospects.

Highlights

  • 18.4-25 acre commercial land parcel in Buffalo, NY, with $65,000 annual gross revenue.
  • Currently operating as a golf range and miniature golf course.
  • Excellent access via three curb cuts and readily available utilities (water, electric, sewer).
  • High visibility due to Thruway proximity and location near existing subdivisions.
  • $45,000 pro-forma NOI and significant development potential.
  • Located at 161 Cloverleaf Ave, Buffalo, NY 14218 (Erie County).

Property Details for 161 Cloverleaf Ave

Property type
Land
Lot Size (sq. ft)
801,504 SF

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.824330436248
Longitude
-78.796462530295
161 Cloverleaf Ave, Buffalo, New York

FAQs

What type of property is this?
Land - High-Growth Potential, Excellent Location
Where is the land located?
The property is located at 161 Cloverleaf Ave Buffalo, NY.
What are key features of this property?
This property features: 18.4-25 acre commercial land parcel in Buffalo, NY, with $65,000 annual gross revenue.; Currently operating as a golf range and miniature golf course.; Excellent access via three curb cuts and readily available utilities (water, electric, sewer).
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161 Cloverleaf Ave
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