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Property profile & analytics
FOR SALE
Investment properties

11881 Broadway St Alden, NY 14004

2,444 SF 0.6 ac lot Built 1998
Individually Owned 17-yr Hold
Property ID
US63-0161058
Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1998
Total area 2,444 SF
Lot 0.6 ac (26,136 SF)
Zoning code R-C
APN 142089 118.11-2-1.11
UPID US63-0161058
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
  • Showalter Chiropractic | Chiropractor in Alden Medical Clinic
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
Scott D Showalter · 17 yrs held
Scott D Showalter
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
R-C · Alden, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R-C Restricted Commercial District. This district is intended to provide areas within the Town for limited commercial use which are nonretail in nature and compatible with residential development. A. Permitted principal uses are as follows: (1) As permitted and regulated in the R-3 District. (2) Telephone exchanges. (3) Real estate or insurance offices. (4)…

Zone name Residential Commercial
General category COMMERCIAL
Zone area 128.10 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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