CCertihomes
5241 Big Tree Road, Orchard Park, NY 14127

$3,000,000

0 beds 0 baths 336 days on marketActive

About this home

Where else would you rather be than right here, right now? This is a once-in-a-lifetime opportunity to be an integral part of the most exciting development opportunity in WNY. This listing represents the 5 vacant land parcels of 6 total parcels being offered together (refer to MLS # B1503037). The preference is to sell all 6 parcels together, but will consider offers for all of the vacant land. We are offering 5 parcels encompassing a total of 4.6 acres, all just a stone's throw away from the Bills stadium. These parcels are not just land; they are revenue generators, serving as parking lots for the stadium, bringing in significant income on a few event days each year. Their potential goes beyond parking. With R3 zoning and a prime location, they are perfectly suited for residential multifamily development. Imminent town re-zoning will bring commercial development possibilities as well. Here's a breakdown of the parcels (refer to maps): 2. 2 acre mostly cleared parcel featuring a gravel driveway and parking area. 3. 1.88 acre wooded lot on Abbott. 4. Cleared lot on 109 Oakwood. 5 & 6. Prime Cleared lots on the north side of Big Tree.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$56,297/mo

Real estate (PITI + HOA + PMI)
$24,992
Principal + interest$13,606
Property tax + insurance$10,261
PMI / 2nd mortgage$1,125
Utilities
$64,670
Heating + cooling$32,182
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$56,297/mo TLC
Budget$56,797/mo
Remaining after TLC$500/mo
Purchase price
$3,000,000
Down payment
$150,000 (5%)
Loan amount
$2,850,000
APR
4%

Quick facts

Type
MultiFamily
Style
Year built
Lot size
4.63 ac
Stories
0
Heating
Cooling
Water
Public
HOA
Annual tax
$4,222
MLS #
B1503041
County
Erie

Home features

Exterior
GravelDriveway
Community
StormDrains
Parking
Driveway
Sewer
StormSewer

Lot features

ResidentialLot, Wooded, Level

Neighborhood — 14127

MetricThis ZIPCountyUSA
Population23,95419,351,094299,088,112
Population Change Since19904.00%8.00%20.00%
Population Density594395
Male11,7119,381,926147,432,321
Female12,2429,969,168151,655,844
Never Married4,6154,946,39163,775,926
Married11,3757,166,701123,120,365
Separated4591,159,67312,639,686
Widowed1,3161,110,24515,467,586
Divorced1,7391,210,44823,075,029
Number Of House Hold9,3487,102,016111,826,380
Average House Hold Size2.552.642.60
Medial Age40.5836.5335.46
Median House Hold Income$61,542$49,847$48,276
Average House Hold Income$76,966$70,032$63,629
P C I$30,315$26,569$24,529
M D I$50,969$42,210$41,133
A T H E$58,288$54,185$50,898
S T R8.75%4.00%
W C J75.22%81.55%77.74%
(Zip) Code
14127

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →

Listing information last refreshed 10/10/2023. Provided courtesy of Verax Real Estate LLC via Buffalo MLS. Information deemed reliable but not guaranteed.

5241 Big Tree Road · Orchard Park — $3,000,000 · Certihomes