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For Auction

$1 Auction – 4.9 Acre Parcel | 11K VPD | $127K Avg HH Income | Buffalo MSA

Across from 6401 Olean Rd,
South Wales, NY 14139
Represented by
Marcus & Millichap

Asset Snapshot

Real Estate
Asset Type
Land
Property Type
11,277
Vehicles Per Day
4.90 Acres
Land Area

Investment Highlights

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

Offering Summary

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 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.

Due Diligence

Transaction Managers

Platform Fee

Buyer pays platform fee at closing.

5% or $20,000 minimum

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Ralph Passono, Jr.
c/o Fisher Auction Company Inc.
License 1 · NY

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Auction Opens In
45d 18h 2m 46s
$1
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

JH
John Horowitz
Marcus & Millichap
NY License: 10311204479

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.