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Property profile & analytics
OFF-MARKET
Investment properties
131 Locust St, Lockport, NY 14094-4573
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-0062250
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Total area
3,633 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R3
APN
290900 109.71-2-35
UPID
US63-0062250
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
Singh & Ali Holdings LLC · 1 yrs held
Singh & Ali Holdings LLC
since 2025
Last sale
$113,500
7 recorded transactions
Zoning & alternative use
R3 · Lockport, 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 Lockport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lockport 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
Property tax & assessments
Assessed value
$175,000
Assessed 2023
Previous assessed
$175,000
+0.0% YoY
Assessed land
$24,500
Assessed improvement
$150,500
Land market value
$24,500
Improvement market value
$150,500
Total market value
$175,000
Applied tax rate
290,900.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1890
Heating
NONE
Buildings
1
Stories
2
Total area
3,633 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R3
APN
290900 109.71-2-35
UPID
US63-0062250
Jurisdiction
NIAGARA
Zoning & alternative use
R3 · Lockport, NY
Zoning R3 · permitted uses
R3 · Lockport, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lockport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Heating
NONE
Stories
2
Buildings
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Singh & Ali Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1601-1677 GLN ERIN DR MISSIAGUA XX
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
—
Singh & Ali Holdings LLC
—
Deed
related
$144,750 · Hometown Equity Mortgage
Jun 12, 2025
—
Singh & Ali Holdings LLC
Iqveender Dhariwal
Quitclaim Deed
related
—
Jul 3, 2024
$113,500
Iqveender Dhariwal
Castello Properties LLC
Deed
$85,013 · Rbc Bank Georgia NA
Apr 25, 2022
—
Castello Properties LLC
—
Deed
related
$336,375 · Velocity Commercial Capital LLC
Apr 4, 2022
—
Castello Properties LLC
Castello Holdings LLC
Deed
—
Nov 7, 2018
$35,500
Castello Holdings LLC
Deutsche Bk Natl 2006-w5
Grant Deed
related
—
Jul 31, 2018
$500
Deutsche Bk Natl Trust C 2006-w5 Tr
Referees / Niagara County|nakagawa,byron
Trustees Deed
related
—
Dec 20, 2010
$130,000
Mary F Murphy
Murphy,caroline K
Warranty Deed
related
$130,000 · Caroline K Murphy
Mar 17, 2006
$82,000
Byron Nakagawa
Braunbach,kenneth J & Mary A
Warranty Deed
$65,300 · Argent Mortgage Co LLC
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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