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Financial
Distress signals
Property profile

560 56Th St Niagara Falls, NY 14304

FOR SALE
Other warehouses
Property ID
US63-1232830
19,200 SF 0.85 ac lot Built 1984
Last sale Mar 2022 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office unit was constructed in 1984 and includes renovated interior accommodations with a reception area suited for front-of-house operations. The building provides on-site parking and the unit is configured for office use. The property is positioned on a corner along NFB in Niagara Falls, New York, and it is located within a commercial and industrial zoning designation, which aligns with a high-traffic setting.

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$210k
Assessed land$11k
Assessed improvement$199k

Value estimate

· Oct 2026
$545k
$491k – $600k
AI approach$575k
Submarket $/SF estimate$559k
NOI build-up
Gross scheduled income$293k
Vacancy & credit loss−$20k
Operating expenses−$122k
NOI · 19.96% cap applied$150k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$42/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$24 – $62

Cap rate analysis

How does the asset earn?
19.96%
$150k 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?
I2
This district permits a full range of heavy and light industrial uses which may generate environmental concerns (air and/or water emissions)
General categoryINDUSTRIAL
JurisdictionNIAGARA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm16.4
Auto Parts Store12.3
Pharmacy11.8

Location

560 56Th St Niagara Falls, NY 14304
County assessor Recorded deeds · 2 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2181 Lockport, Niagara Falls, NY 14304-1108 $1,150,000 Feb 2024 20,550 SF
1100 Connecting, Niagara Falls, NY 14304-1522 $460,000 Apr 2022 11,104 SF
6391 Walmore, Niagara Falls, NY 14304-1613 $1,050,000 Dec 2020 32,000 SF
2236 Liberty, Niagara Falls, NY 14304-3756 $2,350,000 Jul 2020 33,316 SF
8745 Packard, Niagara Falls, NY 14304-1401 $225,000 Apr 2020 20,000 SF
3315 Haseley, Niagara Falls, NY 14304-1460 $3,433,287 Apr 2020 30,150 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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