4837 Southwestern BlvdHamburg, NY 14075

Property Details for 4837 Southwestern Blvd

Year built

1993

Lot size

1.93 AC

Property size (Sq ft)

4,900 SF

Property type

Turn key restaurants

APN

144889 170.16-4-9.1

APU

14488917016491

Description

This exceptional 3.2-acre commercial land parcel, located at 4837 Southwestern Boulevard in Hamburg, New York (zip code 14075), presents a unique investment opportunity. Priced at $1,250,000, this property boasts an impressive 624' x 542' footprint, though the depth is irregular. Its prime location on the heavily traveled Southwestern Boulevard offers unparalleled visibility and accessibility. Situated approximately one mile north of the New York State Thruway (I-90), with convenient access via Exit 57, the property benefits from exceptional traffic counts and strong demographics. The area is well-established, with nearby amenities including Lowe's, other big-box retailers, restaurants, and banks, further enhancing its appeal. The high and dry land provides a solid foundation for development, and the extensive frontage ensures maximum exposure. This location provides superb access to the Thruway and expressway systems, making it an ideal site for a variety of commercial ventures. The land value is $8.97 per square foot. Don't miss this chance to acquire a highly desirable commercial property in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,306,662

  6.5%

  $1,206,149

  7%

  $1,119,996

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,181,340

  Geo Method

  $1,114,292

• Alternative Use

  Use

  Valuation

  Residential

  $1,017,432

  Hospitality

  $931,962

  Educational

  $775,382

  Medical

  $802,048

  Retail

  $1,206,149

Location Insight

City

Hamburg

County

Erie

State

New York

Latitude

42.7544

Longitude

-78.8439

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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