1811 Fillmore AveBuffalo, NY 14214

Property Details for 1811 Fillmore Ave

Year built

1920

Lot size

0.23 AC

Property size (Sq ft)

7,830 SF

Zone code

D-IL

Property type

Auto shops

APN

140200 90.17-2-2

APU

140200901722

Description

This exceptional 7,830 square foot warehouse, located at 1811 Fillmore Avenue in Buffalo, New York, presents a compelling investment opportunity. Built in 1920 and extensively renovated in 2016, this single-story building boasts 12-foot ceilings, providing ample headroom for various uses. The property features three convenient loading doors – two at-grade doors facing Fillmore Avenue and one additional door on the side, ensuring efficient loading and unloading. Internal improvements include updated office space, two bathrooms, and a new roof installed during the 2016 renovation. The radiant heating system enhances both comfort and efficiency. The property sits on a single unit and is zoned D-IL, opening doors to a wide array of potential uses. Consider this property ideal for automotive services, warehousing, distribution, car washes, or even retail ventures. The asking price is $425,000, translating to $54.28 per square foot. This well-maintained and versatile warehouse is ready for immediate occupancy and offers significant potential for strong returns. The property is situated in Erie County, NY, zip code 14214.

• CAP approach

  CAP return

  Valuation

  6%

  $2,087,966

  6.5%

  $1,927,353

  7%

  $1,789,685

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,887,725

  Geo Method

  $1,241,315

• Alternative Use

  Use

  Valuation

  Residential

  $1,625,795

  Hospitality

  $1,489,219

  Educational

  $1,239,013

  Medical

  $1,281,624

  Retail

  $1,927,353

Location Insight

City

Buffalo

County

Erie

State

New York

Latitude

42.923

Longitude

-78.8389

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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