2740 Niagara Falls BlvdTonawanda, NY 14150

  • Commercial land
  • 6,128 SF
For Sale
$499,000 View listing

Property Details for 2740 Niagara Falls Blvd

Year built
1952
Lot size
0.88 AC
Property size (Sq ft)
6,128 SF
Zone code
C
Property type
Commercial land
APN
146489 40.06-2-4
APU
146489400624

Description

This exceptional .88-acre commercial land parcel, located at 2740 Niagara Falls Boulevard in Tonawanda, NY (zip code 14150), presents a unique development opportunity. Zoned C (General Business), this property boasts 240 feet of frontage on a high-traffic retail corridor, offering unparalleled visibility and accessibility. The site features two curb cuts, ensuring convenient ingress and egress. All utilities are readily available, simplifying the development process. The property is ideally situated near various office, retail, and industrial parks, benefiting from a strong surrounding commercial infrastructure. Its convenient location provides easy access to the I-290 and 990 Expressways, enhancing its appeal to a wide range of businesses. High traffic counts and dense residential demographics in the area guarantee a substantial customer base. Previously occupied by a motel that has been demolished, this site is ready for immediate development, eliminating costly demolition expenses. The property's APN is available upon request. This is a turnkey opportunity for investors seeking a prime location for a new commercial venture. The asking price is $499,000. Consider this property for ground lease or build-to-suit options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,272,387
    Hospitality
    $1,165,500
    Educational
    $969,682
    Medical
    $1,003,031
    Retail
    $1,508,394

Location Insight

City
Tonawanda
County
Erie
State
New York
Latitude
43.0291
Longitude
-78.8227
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
2019
$26,403
$100,000
-
$100,000
-
$416,700
-
$416,700

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