Auto Body Repair
For Sale
$324,900
2514 Pine Avenue, Niagara Falls, NY 14301
Cinder block facility features overhead doors, LED lighting, secure fencing, and blacktop parking.
Property Size2,356 SF
Days on Market282
Property Features for 2514 Pine Avenue
General Information
Standard status
Active
Size
2,356 SF
Property subtype
Business
Additional Details
Business Included
Yes
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$3,741
Amenities
freshly painted
LED lighting
overhead doors
fenced area
blacktop parking
Building Details
Building Size
2,356 SF
Year Built
1950
Buildings
1
Construction
cinder block
Listing Agency:
Hooper Realty
Listed By:
Michael J Hooper · License #37HO0444450
(716) 285-0477
Source:
Highfallssir
Added: Dec 1, 2025
Changed: Sep 8
Last Checked: Sep 2 at 12:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hooper Realty
Investment Insights
Based on property information with market context.
This auto body and collision repair property occupies a cinder block building constructed in 1950. Interior and exterior updates include fresh paint and LED lighting, while overhead doors support vehicle movement and repair operations. The site also provides a fenced area and blacktop parking.
The sale includes 2512 Pine Avenue, identified as a vacant land parcel with SBL #144-082-0002-041-000, in addition to the primary property at 2514 Pine Avenue. The property information identifies the zoning as Business and includes the 14301 designation. Together, the building improvements and additional parcel provide a defined automotive service property with supporting outdoor areas.
The sale includes 2512 Pine Avenue, identified as a vacant land parcel with SBL #144-082-0002-041-000, in addition to the primary property at 2514 Pine Avenue. The property information identifies the zoning as Business and includes the 14301 designation. Together, the building improvements and additional parcel provide a defined automotive service property with supporting outdoor areas.
Key Highlights
- Cinder block auto body and collision repair building
- Constructed in 1950 with fresh paint and LED lighting
- Overhead doors for vehicle access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,916
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$518,320
$518.3K
Cap Rate 7%
$370,229
$370.2K
Cap Rate 9%
$287,956
$288.0K
Market Conditions
NOI Build-Up for 2,356 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$42.4K $18.00/SF
− Vacancy
−$5.4K −$2.29/SF
EGI
$37.0K $15.71/SF
− OpEx
−$11.1K −$4.71/SF
NOI
$25.9K $11.00/SF
Area
Niagara County, NY
Vacancy
12.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$518,320
Cap Rate 7%
$370,229
Cap Rate 9%
$287,956
Alternative Uses
Best Use
Industrial
$1.65M
$1.44M – $1.92M
NOI $115,403 @ 7.0% cap · market cap 35.52%
Second Best
Retail
$370.2K
$324.0K – $431.9K
NOI $25,916 @ 7.0% cap · market cap 7.98%
Theoretical Best
Warehouse
$2.00M
$1.75M – $2.34M
NOI $140,132 @ 7.0% cap · market cap 43.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
669
Businesses Nearby
32k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 43%
Home Improvements & Furnishings 3%
Tim Hortons
Dining
15,181 visits/mo
0.3 miles
7-Eleven
Shops & Services
7,072 visits/mo
0.2 miles
7-Eleven
Shops & Services
3,954 visits/mo
0.5 miles
AutoZone
Shops & Services
2,637 visits/mo
0.1 miles
SUBWAY
Dining
2,097 visits/mo
0.0 miles
Demographics for 14301, NY
12,618
Population
7,285
Households
1.7
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
2.1 sq mi
ZIP Area
6,009
Density / Sq Mi
$37,650
Median Household Income
$32,909
Median Earnings
$722
Median Rent
$79,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Fastco Automotive Products — 1711 Cudaback Ave #1709, Niagara Falls, NY 14303
- Kozera's Automotive — 205 Portage Rd, Niagara Falls, NY 14303
- Frontier Towing Services — 2702 Falls St, Niagara Falls, NY 14303
- A&A traders auto repair and sales — 2330 Niagara St, Niagara Falls, NY 14303
- Niagara Street Repair Shop — 2330 Niagara St, Niagara Falls, NY 14303
Frequently Asked Questions
What type of property is this?
Auto shop - Cinder block facility features overhead doors, LED lighting, secure fencing, and blacktop parking.
Where is this auto shop located?
The property is located at 2514 Pine Avenue Niagara Falls, NY.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Cinder block auto body and collision repair building; Constructed in 1950 with fresh paint and LED lighting; Overhead doors for vehicle access
