1131 Harlem RdBuffalo, NY 14227

  • Commercial land
  • 7,080 SF
For Sale
$79,000 View listing

Property Details for 1131 Harlem Rd

Year built
1935
Lot size
0.39 AC
Property size (Sq ft)
7,080 SF
Zone code
05C
Property type
Commercial land
APN
143089 124.22-4-12
APU
14308912422412

Description

This exceptional 0.39-acre land parcel, located at 1131 Harlem Road in Buffalo, New York (zip code 14227), presents a unique investment opportunity. The property is zoned for mixed-use development, offering significant potential for a variety of projects. Its strategic location on a high-traffic street within Erie County ensures excellent visibility and accessibility. The strong demographics of the area further enhance the property's appeal. This site is ideally suited for a mixed-use multi-family development, promising substantial rental income potential. The asking price for this remarkable property is $79,000. Prior zoning approval for mixed-use development simplifies the planning process, saving time and resources. This is a rare chance to acquire a well-situated land parcel in a thriving Buffalo neighborhood, ready for immediate development. The property's size and location make it an attractive investment for both experienced developers and those seeking a promising entry point into the commercial real estate market. Don't miss this opportunity to capitalize on the potential of this prime Buffalo location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,470,064
    Hospitality
    $1,346,571
    Educational
    $1,120,332
    Medical
    $1,158,861
    Retail
    $1,742,738
1131 Harlem Rd, Buffalo, New York

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.8738
Longitude
-78.7852
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
-
$28,300
-
$28,300
-
$31,099
-
$31,099

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