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Property profile & analytics
FOR LEASE
Investment properties
1315 Pine Ave Niagara Falls, NY 14301
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-2167727
For Lease
1 / 2
$500,000
1315 Pine Ave, Niagara Falls, NY 14301
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1955
Total area
1,700 SF
Lot
0.08 ac (3,432 SF)
Zoning code
C2-B
APN
291100 159.23-2-3
UPID
US63-2167727
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
$505k
CAP Approach
CAP
$355k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
The Oiring Group LLC · 1 yrs held
The Oiring Group LLC
since 2025
Last sale
$580,000
5 recorded transactions
Zoning & alternative use
C2-B · Niagara Falls, 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 Niagara Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niagara Falls 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
$485,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
$385,000
6.5%
$355,000
7%
$330,000
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $580k (Feb 11 2025)
Last sale anchor
$580k
Feb 11 2025
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
$294 / 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
Property tax & assessments
Assessed value
$44,900
Assessed 2023
Previous assessed
$44,900
+0.0% YoY
Assessed land
$12,100
Assessed improvement
$32,800
Land market value
$22,394
Improvement market value
$60,706
Total market value
$83,100
Applied tax rate
291,100.0000
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
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1955
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
1,700 SF
Lot
0.08 ac (3,432 SF)
Zoning code
C2-B
APN
291100 159.23-2-3
UPID
US63-2167727
Jurisdiction
NIAGARA
Zoning & alternative use
C2-B · Niagara Falls, NY
Zoning C2-B · permitted uses
C2-B · Niagara Falls, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Niagara Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
The Oiring Group LLC
Entity
Mailing address
281 W FRY ST, BUFFALO, NY 14213-1816
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2025
$580,000
The Oiring Group LLC
3 Star Fashion INC
Warranty Deed
$290,000 · 3 Star Fasino INC
Nov 1, 2019
$500,000
3 Star Fashion INC
Ernest A Paradiso
Grant Deed
—
Nov 1, 2019
—
Ali Naser
—
Deed
related
$10,967 · Ernest Paradiso
Dec 31, 2001
$115,000
Ernest A Paradiso
Szatynski,joseph
Warranty Deed
related
$120,000 · Joseph Szatynski
—
—
Ali Naser
—
Deed Of Trust
related
$10,967 · Ernest Paradiso
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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