Location: The subject property is located on the west side of Bailey Avenue in the City of Buffalo, County of Erie and State of New York. The subject is located in the northwestern quadrant of Erie County. Boundaries: The market area boundaries are detailed as follows: North: East Amherst Street South: Milestrip Expressway West: Niagara Street East: Union Road 644 & 678 Bailey Avenue have average access from Bailey Avenue. 874 Bailey Avenue does not have direct access to Bailey Avenue and can be accessed via an easement with the neighboring property. The subject is located less than a mile from the I-190 Highway entrance and exit ramps. General Market Area Present Use - % Type of Area Urban Single Family 35 Growth Rate Stable Multi-Family 25 New Construction Some Commercial 15 Development in Area 95% Industrial 20 Area Trends Appear to be Steady Undeveloped 5 MSA Buffalo Distance to CBD 4 miles Nearest Highway I-190 Distance to Highway ~1 mile The current permitted uses for the subject site include, but are not limited to: 1. Office Warehouse 2. Offices 3. Retail 4. Restaurants 5. Other similar uses of the same general character