161 Cloverleaf AveBuffalo, NY 14218

  • Sports & entertainment properties
  • 1,188 SF
For Sale

Property Details for 161 Cloverleaf Ave

Year built
1957
Lot size
13.60 AC
Property size (Sq ft)
1,188 SF
Zone code
9
Property type
Sports & entertainment properties
APN
146800 142.12-10-7
APU
14680014212107

Description

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.

161 Cloverleaf Ave, Buffalo, New York

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.8227
Longitude
-78.7957
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
$8,722
$48,300
$19,200
$67,500
-
$185,769
$73,846
$259,615

FAQs

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