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Property profile & analytics
OFF-MARKET
Turn key restaurants
11661 Main Rd Akron, NY 14001-9757
Trust Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-5868916
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1948
Total area
1,161 SF
Lot
2.9 ac (126,324 SF)
Zoning code
17
APN
145689 60.00-3-1.2
UPID
US63-5868916
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
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
Hoffman Family Living Trust · 17 yrs held
Hoffman Family Living Trust
since 2008
2 recorded transactions
Zoning & alternative use
17 · Akron, 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 Akron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Akron 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 2023Property tax & assessments
Tax year 2023
Assessed value
$285,000
Assessed 2023
Previous assessed
$230,900
+23.4% YoY
Assessed land
$122,500
Assessed improvement
$162,500
Land market value
$122,500
Improvement market value
$162,500
Total market value
$285,000
Applied tax rate
143,201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1948
Heating
NONE
Buildings
1
Stories
1
Total area
1,161 SF
Lot
2.9 ac (126,324 SF)
Zoning code
17
APN
145689 60.00-3-1.2
UPID
US63-5868916
Jurisdiction
ERIE
Zoning & alternative use
17 · Akron, NYZoning 17 · permitted uses
17 · Akron, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Stories
1
Buildings
1
Lot
2.9 ac
Current owner
From public records · entity-resolved
Hoffman Family Living Trust
Trust
Free & Clear · 17 yrs held
Mailing address
11428 MAIN ST, CLARENCE, NY 14031-1720
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2008
—
Hoffman Family Living Trust
Hoffman Fam Living Trust
Quit Claim Deed
related
—
Feb 26, 2008
$260,000
Brenda L Schlager
1997 Hoffman Family Trust
Warranty Deed
$208,000 · Hoffman Trust
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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