Property profile

511 3Rd St Niagara Falls, NY 14301

FOR SALE
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Property ID
US63-5849894
6,648 SF 0.11 ac Built 1960
Last sale Apr 2024·$115,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a large commercial building with a spacious lower level that includes a full basement, configured to support business, retail, or office use, and an upper level that is gutted and designed for redevelopment to a tenant’s or owner’s preferred layout. The upper level offers flexibility for conversion to residential space or additional office space. Construction is solid concrete, and the building features a newer roof. Parking is provided via a rear lot plus street parking, and…

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$90k
Assessed land$6k
Assessed improvement$84k

Value estimate

· Nov 2026
$115k
$104k – $127k
AI approach$115k
NOI build-up
Gross scheduled income$179k
Vacancy & credit loss−$23k
Operating expenses−$47k
NOI$110k

Realmo valuation models over county records and 34 qualifying comparable sales.

Recently sold

What actually traded nearby?
$41/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$27 – $59
Qualifying comparables34

Cap rate analysis

How does the asset earn?
$110k 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?
C2-A
The Traditional Commercial district is intended to allow for a mix of residential and commercial uses along major travel corridors
General categoryCOMMERCIAL
JurisdictionNIAGARA

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand index
Hair Salon10.3
Plumbing Service9.5
Skin Care Clinic9.4

Location

511 3Rd St Niagara Falls, NY 14301
County assessor Recorded deeds · 4 transfers 34 qualifying comp sales 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

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
825 Pne, Niagara Falls, NY 14301-1805 $350,000 Sep 2024 6,275 SF
1926 Pne, Niagara Falls, NY 14301-2310 $165,000 Sep 2024 5,604 SF
1900 Pne, Niagara Falls, NY 14301-2310 $205,000 Nov 2023 6,110 SF
1921 Pne, Niagara Falls, NY 14301-2309 $120,000 Nov 2023 4,328 SF
1309 Pne, Niagara Falls, NY 14301-1919 $625,000 Nov 2023 7,036 SF
1225 Main, Niagara Falls, NY 14301-1172 $40,000 Oct 2023 4,200 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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