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

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!

Description:

View details and diligence materials on RI Marketplace:
https://rimarketplace.com/auction/3374/land/south-wales/ny?utm_source=brevitas&utm_medium=paid_listing&utm_campaign=october21_2026&utm_content=land_3374

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.


Bidding Opens
Oct 20 12:00 AM
Bidding Closes
Oct 22 12:00 AM

Documents: