355 Orchard Park RdWest Seneca, NY 14224

Property Details for 355 Orchard Park Rd

Year built

1997

Lot size

7.31 AC

Property size (Sq ft)

87,720 SF

Zone code

12

Property type

Grocery and convenience stores

APN

146800 143.05-1-27.12

APU

1468001430512712

Description

This exceptional 55-acre parcel in West Seneca, NY, presents a unique opportunity for regional development. Situated at the intersection of Ridge Road and Slade Avenue, this shovel-ready site boasts convenient access to the NYS Thruway I-90 (exit 55) and NFTA Bus Route 42. Zoned M1, it offers significant potential for various uses, including retail, multifamily, hospitality, and medical/continuing care facilities. The property includes a 93,100 square foot existing medical office building under an Absolute NNN lease, providing immediate income potential. All utilities are available, making this large contiguous parcel ideal for large-scale development. Its strategic location on the US-Canada border places it within a day's drive of 75% of the North American population, ensuring strong market access and potential for significant returns. This is one of Western New York's few remaining premier development sites, offering unparalleled potential for investors seeking a high-impact project. The property address is 355 Orchard Park Rd, Buffalo, NY 14224.

• CAP approach

  CAP return

  Valuation

  6%

  $23,391,646

  6.5%

  $21,592,288

  7%

  $20,049,982

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,148,312

  Geo Method

  $13,906,532

• Alternative Use

  Use

  Valuation

  Residential

  $18,213,902

  Hospitality

  $16,683,837

  Educational

  $13,880,757

  Medical

  $14,358,137

  Retail

  $21,592,288

Location Insight

City

Buffalo

County

Erie

State

New York

Latitude

42.8318

Longitude

-78.785

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].