New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,400,000
Automotive properties
1135 Millersport Hwy, Amherst, NY 14226-1722
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-2693146
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1995
Total area
49,905 SF
Lot
7.17 ac (312,325 SF)
Zoning code
MS
APN
142289 67.08-8-28.11
UPID
US63-2693146
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
-
Northtown Volkswagen Car Dealership
-
Northtown Toyota Car Dealership
-
Northtown Automotive Companies Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.62M
Blend (final)
Blend
$4.40M
Owner & transaction history
Northtown Properties · 3 yrs held
Northtown Properties
since 2023
7 recorded transactions
Zoning & alternative use
MS · Amherst, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.3M
+44.5%
Restaurant
$6.8M
+35.9%
Neighborhood: shopping center
$6.8M
+34.6%
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 Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amherst 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
AUTO REPAIR, GARAGE
$5,015,000
Current use
RETAIL STORES
$7,250,000
Change: +44% · Conversion: Difficult
RESTAURANT
$6,820,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,755,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$5,830,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,770,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$4.40M
Range $3.96M – $4.84M · ±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
$88 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$116,631
Tax year 2019
Assessed value
$4,710,000
Assessed 2023
Previous assessed
$4,710,000
+0.0% YoY
Effective rate
2.48%
On assessed value
Assessed land
$1,010,000
Assessed improvement
$3,700,000
Land market value
$1,629,032
Improvement market value
$5,967,742
Total market value
$7,596,774
Applied tax rate
142,207.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1995
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
49,905 SF
Lot
7.17 ac (312,325 SF)
Zoning code
MS
APN
142289 67.08-8-28.11
UPID
US63-2693146
Jurisdiction
ERIE
Zoning & alternative use
MS · Amherst, NY
Zoning MS · permitted uses
MS · Amherst, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Amherst. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$5.0M
RETAIL STORES
Est. value
$7.3M
RESTAURANT
Est. value
$6.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.8M
OFFICE BUILDING
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$4.8M
AUTO REPAIR, GARAGE Current
RETAIL STORES
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1995
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
7.17 ac
Current owner
From public records · entity-resolved
Northtown Properties
Entity
Free & Clear · 3 yrs held
Mailing address
1135 MILLERSPORT HWY, AMHERST, NY 14226-1722
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2023
—
Northtown Properties
Northtown Properties
Intrafamily Transfer
related
—
May 21, 2021
—
Nac Real Estate LLC
—
Deed
related
$6,078,000 · M & T Bank
Dec 17, 2019
—
Northtown Prop Hldgs LLC
—
Deed
related
$3,061,000 · M&t Bk
Dec 11, 2018
—
Northtown Prop Hldgs LLC
—
Deed
related
$4,300,000 · M&t Bk
Sep 25, 2006
—
Northtown Properties II LLC
Schreiber,roberta S
Quit Claim Deed
related
—
—
—
Northtown Prop Hldgs LLC
—
Deed Of Trust
related
$4,300,000 · M&t Bk
—
—
Northtown Prop Hldgs LLC
—
Deed Of Trust
related
$3,061,000 · M&t Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1135 Millersport Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
