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    2436 Niagara Falls Blvd Tonawanda, NY 14150

    • Motels
    • 8,629 SF
    • 1.00 lot acres
    For Sale
    View listing
    $1,300,000
    Value Estimation
    Location Intelligence
    Property ID
    US63-3274593
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Motels

    Property Details for 2436 Niagara Falls Blvd

    Year built
    1951
    Lot size
    1.00 lot acres
    Property size
    8,629 SF
    Zone code
    C
    Property type
    Motels
    APN
    146489 40.47-2-3.1
    APU
    1464894047231

    Description

    This exceptional 50% occupied shopping center at 2436 Niagara Falls Blvd in Tonawanda, NY, presents a compelling redevelopment opportunity. Priced at $1,300,000, this mixed-use, special purpose property offers significant potential for investors seeking a prime location in Erie County. The corner lot provides excellent visibility and accessibility, making it ideal for a variety of uses. Currently operating at 50% occupancy, the existing tenants provide immediate cash flow while allowing for strategic repositioning and expansion. The property's classification as a shopping center suggests existing infrastructure suitable for retail businesses, potentially attracting a triple-net tenant or creating a vibrant plaza. The 14150 zip code boasts a strong demographic profile, further enhancing the investment potential. This property is a blank canvas for a visionary developer, offering the chance to create a thriving commercial hub in a desirable location. The existing structure provides a solid foundation for redevelopment, minimizing upfront costs and accelerating the return on investment. Serious inquiries are encouraged to explore the full potential of this unique opportunity. Detailed financial information and property specifics are available upon request.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $375,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $450,000
      Mixed-Use
      $385,000
      Hospitality
      $400,000
      Educational
      $380,000
      Residential Income
      $335,000
      Energy
      $420,000
      Income-Based Land
      $455,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Tonawanda
    County
    Erie
    State
    New York
    Longitude
    -78.8228
    Latitude
    43.021
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $21,381
    $158,000
    $46,000
    $204,000
    -
    $658,333
    $191,667
    $850,000

    Comparable in this City

    • Value Estimation
      $390,000
      5,674 SF

      1970 Niagara Fls Blvd

      MOTEL • 5,674 SF
      1970 Niagara Fls Blvd, Tonawanda, NY 14150-5542
      View Details
    • Value Estimation
      $490,000
      9,011 SF

      1378 Niagara Fls Blvd

      MOTEL • 9,011 SF
      1378 Niagara Fls Blvd, Tonawanda, NY 14150-8431
      View Details
    • Value Estimation
      $355,000
      6,443 SF

      40 Grand Is Blvd

      MOTEL • 6,443 SF
      40 Grand Is Blvd, Tonawanda, NY 14150-6604
      View Details
    • Value Estimation
      $1,190,000
      24,168 SF

      1120 Niagara Fls Blvd

      MOTEL • 24,168 SF
      1120 Niagara Fls Blvd, Tonawanda, NY 14150-9329
      View Details
    • Value Estimation
      $585,000
      29,964 SF

      225 Crestmount Ave

      MOTEL • 29,964 SF
      225 Crestmount Ave, Tonawanda, NY 14150-6310
      View Details
    • Value Estimation
      $780,000
      10,060 SF

      1900 Niagara Fls Blvd

      MOTEL • 10,060 SF
      1900 Niagara Fls Blvd, Tonawanda, NY 14150-6427
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Niagara Falls Boulevard Redevelopment Site

      14-room motel and houses on 1.07 acres for sale.
      2740-2752 Niagara Falls Blvd, Tonawanda, NY 14150
      View Details
    • $2,100,000
      28,280 SF

      Tonawanda Industrial Property: 28,280 SF

      Prime Tonawanda industrial space, ideal for distribution or manufacturing.
      595 Fillmore Ave, Tonawanda, NY 14150
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    • $395,000
      3,075 SF

      Grand Island Blvd Restaurant

      Turnkey Restaurant, High Traffic Location
      69 Grand Island Blvd, Tonawanda, NY 14150
      View Details
    • $795,000
      57,000 SF

      Tonawanda Industrial Redevelopment Opportunity

      57,000 SF industrial building on 12.65 acres for sale.
      1740 Military Rd, Tonawanda, NY 14150
      View Details
    • $150,000

      Renovated Office/Garage Space Available

      3,000 SF office and 2,400 SF garage ready for renovation.
      2250 Military Rd, Tonawanda, NY 14150
      View Details
    • $150,000
      5,000 SF

      Renovated Office/Garage Space Available

      3,000 SF office with 2,400 SF garage, ready for renovation.
      2266 Military Rd, Tonawanda, NY 14150
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,200 SF

      Tonawanda Retail Space Available

      Prime Retail Space, 1,200-7,000 SF
      1971 Colvin Blvd, Tonawanda, NY 14150
      View Details
    • $19 SF/Yr
      9,000 SF

      Retail/Office Space in Colvin Plaza

      750 SF retail/office space in a 9,000 SF plaza.
      1862 Colvin Blvd, Tonawanda, NY 14150
      View Details
    • $4 SF/Yr

      Tonawanda Cross-Dock Facility For Lease

      Cross-dock facility with 104 doors, ideal for trucking.
      383 Sawyer Ave, Tonawanda, NY 14150
      View Details
    • Contact for pricing
      70,062 SF

      Prime Retail Space I-290 Visibility

      Large retail space with excellent I-290 visibility and access.
      798 Young St, Tonawanda, NY 14150
      View Details
    • $190 SF/Yr
      17,000 SF

      Niagara Falls Boulevard Office Space

      Office space available on Niagara Falls Boulevard from 100-2,400 SF.
      1876 Niagara Falls Blvd, Tonawanda, NY 14150
      View Details
    • Contact for pricing
      70,062 SF

      Youngmann Plaza Retail Space

      Tonawanda, NY: Prime Retail Opportunity
      880 Young St, Tonawanda, NY 14150
      View Details
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    Tonawanda, NY 14150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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