Property profile

953 Payne Ave North Tonawanda, NY 14120

FOR LEASE
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Property ID
US63-5055091
106,967 SF 12.77 ac Built 1955
Last sale Aug 2023·$250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
953 Payne Ave, North Tonawanda, NY 14120 For Lease
$12 SF/Yr 120,776 SF available
953 Payne Ave, North Tonawanda, NY 14120
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$5.55M
Assessed land$444k
Assessed improvement$5.11M

Value estimate

· Nov 2026
$1.34M
$1.21M – $1.47M
NOI build-up
Gross scheduled income$1.74M
Vacancy & credit loss−$117k
Operating expenses−$406k
NOI$1.22M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
$1.22M estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
C-1
JurisdictionNIAGARA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency38.8
Law Firm31.7
Dental Office25.0

Location

953 Payne Ave North Tonawanda, NY 14120
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

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

Comparables

1 recorded sale · 13 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
535 Division, North Tonawanda, NY 14120-4403 $3,300,000 Aug 2023 46,668 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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