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Investment Highlights

  • ABSOLUTE $1 AUCTION | 4.9 Acre Parcel | 11K VPD | $127K Avg HH Income | Buffalo MSA | AUCTION OCTOBER 19-21
  • Affluent Western New York Trade Area - The 10-mile radius includes ±66,363 residents with average household income of about $127,411.
  • Strong Position Near Olean Road / NY-16 - Nearby corridor carries ±11,277 VPD, connecting the site with surrounding Erie County communities.
  • ±4.9-Acre South Wales Development Site - Erie County parcel offers scale for future projects within the Buffalo-Niagara Falls market.
  • Buffalo-Niagara Market Connectivity - International airport sits roughly 22 miles away, extending access to the broader regional economy.
  • Daily-Needs Commercial Cluster Close By - Dollar General, 7-Eleven/Mobil, USPS, and self-storage create established activity near the parcel.

Executive Summary

Brokered by Marcus & Millichap, this offering includes a ±4.90-acre wooded land parcel located across the railroad tracks from 6401 Olean Road in South Wales, New York, within Erie County and the Buffalo-Niagara Falls market. The Property is positioned near Olean Road/NY-16, where traffic reaches ±11,277 VPD, and is surrounded by established demand generators including Dollar General, 7-Eleven/Mobil, USPS, and Legacy Prime Self Storage. The surrounding 10-mile trade area includes approximately 66,363 residents with average household income of ±$127,411, while Buffalo Niagara International Airport is approximately 22 miles away. A 2021 Land and Land Use Restrictive Agreement applies to the tract and restricts certain competing discount-retail concepts and other uses. Buyers should independently verify access, agricultural zoning, utilities, development feasibility, and all recorded restrictions before bidding.

Property Facts

Price $50,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 4.90 AC

1 Lot Available

Lot

Price $50,000
Price Per AC $10,204.08
Lot Size 4.90 AC
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 42072621

  • Date on Market: 9/6/2026

  • Last Updated:

  • Address: Across from 6401 Olean rd, South Wales, NY 14139

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