465 Cornwall AveBuffalo, NY 14215

  • Warehouses
  • 3,318 SF
For Sale
$1,050,000 View listing

Property Details for 465 Cornwall Ave

Year built
1940
Lot size
2.59 AC
Property size (Sq ft)
3,318 SF
Zone code
D-IL
Property type
Warehouses
APN
140200 90.63-3-1.1
APU
1402009063311

Description

This exceptional Buffalo, NY industrial property, located at 465 Cornwall Ave, offers 18,551 square feet of versatile space, ideal for manufacturing, cold storage, or warehousing. The property comprises two buildings: a 15,223 square foot warehouse and a 3,328 square foot office building. Features include a clear span design, two grade-level loading docks, an 18-foot ceiling height, and ample outdoor storage on a 2.59-acre lot. Built in 1945, this Class B property is available for occupancy January 1, 2024, and is priced at $1,050,000 ($56.60/sq ft). Its strategic location at the corner of Cornwall Avenue and Sussex Street provides easy access to major roadways, including the William L. Gaiter Parkway and Kensington Expressway, ensuring convenient transportation and logistics. The property's proximity to Bailey Avenue offers access to various amenities. This presents a rare opportunity for businesses seeking a well-located, spacious industrial facility with significant expansion potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $688,937
    Hospitality
    $631,062
    Educational
    $525,037
    Medical
    $543,093
    Retail
    $816,724
465 Cornwall Ave, Buffalo, New York

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.9277
Longitude
-78.821
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
2023
$1,403
$53,300
$216,700
$270,000
-
$76,143
$309,571
$385,714

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