2313 Town Line RdAlden, NY 14004

Property Details for 2313 Town Line Rd

Year built

2022

Lot size

14.90 AC

Property size (Sq ft)

6,320 SF

Zone code

M-1

Property type

Auto shops

APN

142089 107.00-1-39

APU

14208910700139

Description

This exceptional 35-acre commercial property in Alden, New York, presents a unique development opportunity. Located at 2313 Town Line Rd, Erie County, NY 14004 (42.918784, -78.575048), the land boasts over 500 feet of frontage and approximately 1,091 feet of depth. Zoned for Light Industrial use, this site is suitable for a variety of commercial ventures, including retail, industrial, or office developments. The property is divisible, with minimum parcels of 10 acres available, and smaller subdivisions down to 1.27 acres with 186 feet of frontage are also possible. Its strategic location offers convenient access to Walden Avenue. While currently featuring hunting tree stands, the property's potential extends far beyond recreational use. All utilities are available except sewer. Serious consideration will be given to all reasonable offers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,685,262

  6.5%

  $1,555,627

  7%

  $1,444,510

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,523,665

  Geo Method

  $1,001,930

• Alternative Use

  Use

  Valuation

  Residential

  $1,312,229

  Hospitality

  $1,201,995

  Educational

  $1,000,046

  Medical

  $1,034,439

  Retail

  $1,555,627

Location Insight

City

Alden

County

Erie

State

New York

Latitude

42.9177

Longitude

-78.5752

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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