3129 Orchard Park RdOrchard Park, NY 14127

Property Details for 3129 Orchard Park Rd

Year built

1969

Lot size

4.20 AC

Property size (Sq ft)

30,000 SF

Zone code

B3

Property type

Community centers

APN

146089 152.12-4-9

APU

1460891521249

Description

This exceptional 0.07-acre pad site in Orchard Park, NY, offers unparalleled visibility on Orchard Park Road, directly in front of Valu Home Center. Located within the bustling 5-corners/Orchard Park retail corridor, this property boasts easy access to major transportation arteries, including the NYS Thruway (I-90), Routes 400, and 219, ensuring high traffic counts and strong demographics. The site is ideally suited for a variety of uses, including retail establishments, office space, a fast-casual restaurant, or a bank branch. With a lot size between 0.05 and 0.1 acres, and building space ranging from 2,500 to 5,000 square feet, this property presents a unique opportunity for businesses seeking high visibility and convenient access. The anticipated occupancy date is May 14, 2024. This prime location guarantees significant exposure to a substantial customer base, making it an exceptional investment opportunity. The address is 3129 Orchard Park Rd, Orchard Park, NY 14127.

• CAP approach

  CAP return

  Valuation

  6%

  $7,999,870

  6.5%

  $7,384,495

  7%

  $6,857,031

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,232,661

  Geo Method

  $4,755,996

• Alternative Use

  Use

  Valuation

  Residential

  $6,229,098

  Hospitality

  $5,705,820

  Educational

  $4,747,176

  Medical

  $4,910,438

  Retail

  $7,384,495

Location Insight

City

Orchard Park

County

Erie

State

New York

Latitude

42.7997

Longitude

-78.7503

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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