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Property profile & analytics
OFF-MARKET
Estimated value
$4,055,000
Hotels
107 Anderson Rd, Buffalo, NY 14225-4926
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US63-0380775
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2003
Total area
74,000 SF
Lot
3.43 ac (149,411 SF)
Zoning code
05C
APN
143089 102.04-1-3
UPID
US63-0380775
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
-
Residence Inn Buffalo Galleria Mall Hotel & Motel
-
Flowers Company (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.44M
Blend (final)
Blend
$4.06M
Owner & transaction history
Fargo Hotels Pool A W2005 · 13 yrs held
Fargo Hotels Pool A W2005
since 2013
5 recorded transactions
Zoning & alternative use
05C · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.2M
+12.2%
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 Buffalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buffalo 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,485,000
Current use
COMMERCIAL (GENERAL)
$6,150,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$4.06M
Range $3.65M – $4.46M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$55 / SF
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 2023Property tax & assessments
Tax year 2023
Assessed value
$5,050,000
Assessed 2023
Previous assessed
$5,050,000
+0.0% YoY
Assessed land
$1,150,000
Assessed improvement
$3,900,000
Land market value
$1,263,736
Improvement market value
$4,285,715
Total market value
$5,549,451
Applied tax rate
143,001.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2003
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
74,000 SF
Lot
3.43 ac (149,411 SF)
Zoning code
05C
APN
143089 102.04-1-3
UPID
US63-0380775
Jurisdiction
ERIE
Zoning & alternative use
05C · Buffalo, NY
Zoning 05C · permitted uses
05C · Buffalo, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buffalo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.5M
COMMERCIAL (GENERAL)
Est. value
$6.2M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Cooling
Yes
Stories
3
Buildings
1
Lot
3.43 ac
Current owner
From public records · entity-resolved
Fargo Hotels Pool A W2005
Individual
Mailing address
545 E JOHN CARPENTER FWY STE #1400, IRVING, TX 75062-3933
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2023
—
Cni Thl Propco Fe LLC
—
Deed
related
$794,000,000 · German American Capital Corporation
Jun 7, 2013
$1,939,229
Fargo Hotels Pool A W2005
Heritage Asset Management INC
Grant Deed
—
Jun 7, 2011
—
W2005/fargo Hotel Realty LP
—
Deed Of Trust
related
$13,023,975 · German American Capital Corp
Feb 28, 2005
—
Heritage Asset Management INC
Tharaldson Asset Mgmt INC
Grant Deed
related
$975,000 · Countrywide Com'l R E Fin
—
—
W2005/fargo Hotels Pool A Rlty
—
Loan Modification
related
$13,023,975 · Citigroup Global Markets Realt
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.
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