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Financial
Distress signals
Property profile

8261 Lake Shore Rd Angola, NY 14006

FOR SALE
Turn key restaurants
Property ID
US63-0357284
1,444 SF 1.51 ac lot Built 1960
Last sale Jan 2022 · $48,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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8261 Lake Shore Rd, Angola, NY 14006 For Sale
$250,000 1,444 SF
8261 Lake Shore Rd, Angola, NY 14006
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Property summary

AI-generated overview

The property is a 4,000-square-foot barndominium-style shell with town-approved plans for a mixed-use event and lodging setup. The proposed lower level layout includes approximately 900 square feet for seating, dining, and a bar; about 500 square feet for a commercial kitchen; roughly 600 square feet for office, administrative, and flexible use space; designated mechanical and HVAC areas; and three full bathrooms. The planned upper level includes three bedrooms, two full bathrooms, and a family…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$120k
Assessed land$21k
Assessed improvement$100k

Value estimate

· Oct 2026
$190k
$171k – $209k
NOI build-up
Gross scheduled income$65k
Vacancy & credit loss−$23k
Operating expenses−$19k
NOI · 9.24% cap applied$23k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$137/SF
County average, outlier-cleaned · 168 recorded sales of this use type
Observed band · Q1–Q3$57 – $236
Qualifying comparables3

Cap rate analysis

How does the asset earn?
9.24%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand index
Restaurant9.1
Pet Store7.6
Travel Agency7.2

Location

8261 Lake Shore Rd Angola, NY 14006
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10 Orch, Angola, NY 14006-1112 $85,000 Mar 2024 1,350 SF
8607 Main, Angola, NY 14006-9605 $1,210,000 Aug 2023 2,880 SF
8934 Lk Shr, Angola, NY 14006-9643 $43,814 Mar 2022 1,152 SF
9049 Erie, Angola, NY 14006-9556 $2,250,000 Mar 2021 19,975 SF
8461 Lk Shr, Angola, NY 14006-9588 $90,000 Sep 2019 598 SF
9153 Lk Shr, Angola, NY 14006-9652 $699,000 Apr 2019 5,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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