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Property profile & analytics
OFF-MARKET
Bars & Pubs
1051 Sheridan Dr Tonawanda, NY 14150-8044
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-0109044
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1948
Total area
4,268 SF
Lot
0.17 ac (7,250 SF)
Zoning code
C
APN
146489 65.12-1-4
UPID
US63-0109044
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
DELHI PALACE OF BUFFALO Restaurant
-
Tanis Soft Pro Inc (Bike/Boat/Book/etc) Store Corporate Office
-
DELHI PALACE INDIAN CUISINE Restaurant
-
Just A Bite Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Obaidul Hoque · 4 yrs held
Obaidul Hoque
since 2022
Last sale
$115,000
6 recorded transactions
Zoning & alternative use
C · Tonawanda, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tonawanda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tonawanda submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$14,391
Tax year 2019
Assessed value
$76,000
Assessed 2023
Previous assessed
$76,000
+0.0% YoY
Effective rate
18.94%
On assessed value
Assessed land
$7,300
Assessed improvement
$68,700
Land market value
$30,420
Improvement market value
$286,280
Total market value
$316,700
Applied tax rate
146,401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1948
Heating
NONE
Buildings
1
Stories
2
Total area
4,268 SF
Lot
0.17 ac (7,250 SF)
Zoning code
C
APN
146489 65.12-1-4
UPID
US63-0109044
Jurisdiction
ERIE
Zoning & alternative use
C · Tonawanda, NY
Zoning C · permitted uses
C · Tonawanda, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tonawanda. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Stories
2
Buildings
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Obaidul Hoque
Individual
Mailing address
1051 SHERIDAN DR, TONAWANDA, NY 14150-8044
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
—
Obaidul Hoque
Tanvir Bhuiyan
Quit Claim Deed
related
—
Jan 29, 2019
—
Tanvir Bhuiyan
Hoque,obaidul
Correction Deed
related
—
Sep 4, 2018
—
Tanvir Shuiyan
Hoque,obaidul
Quit Claim Deed
related
—
Jun 30, 2017
$115,000
Obaidul Hoque
1051 Sheridan Drive LLC
Warranty Deed
—
Oct 28, 2004
$95,000
1051 Sheridan Drive LLC
Tarquini,mark
Warranty Deed
$57,000 · Alden Street Bank
—
—
David R Anthony
—
Deed Of Trust
related
$100,000 · Alden Street Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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