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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Retail space
14050 Rte 62, Collins, NY 14034-9704
Entity Owned
7-yr Hold
Free & Clear
Property ID
US63-6040802
Property summary
AI-generated overview
Huge bedroom and a bonus room. Huge paved parking area. New electric work has been done to the property (Electric Panel 2020) Newer roof exist (2019). Property is offered as-is. No repairs will be made from inspections or appraisal.""""}"""
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
8,054 SF
Lot
1.93 ac (84,071 SF)
APN
143689 341.12-1-6.1
UPID
US63-6040802
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
$569k
Blend (final)
Blend
$530k
Owner & transaction history
INC Best Of All Connection · 7 yrs held
INC Best Of All Connection
since 2018
7 recorded transactions
Zoning & alternative use
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 Collins submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Collins 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
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$66 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$90,000
Assessed 2023
Previous assessed
$90,000
+0.0% YoY
Assessed land
$11,000
Assessed improvement
$79,000
Land market value
$30,556
Improvement market value
$219,444
Total market value
$250,000
Applied tax rate
47,201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Heating
NONE
Buildings
1
Stories
2
Total area
8,054 SF
Lot
1.93 ac (84,071 SF)
APN
143689 341.12-1-6.1
UPID
US63-6040802
Jurisdiction
ERIE
Zoning & alternative use
Zoning · permitted uses
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
1950
Heating
NONE
Stories
2
Buildings
1
Lot
1.93 ac
Current owner
From public records · entity-resolved
INC Best Of All Connection
Entity
Free & Clear · 7 yrs held
Mailing address
39 ELKHART ST, BUFFALO, NY 14218-3009
Ownership since
2018
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
Aug 27, 2018
$25,000
INC Best Of All Connection
Union Olean Area Fedl Credit
Grant Deed
—
Jun 21, 2017
$74,681
Olean Area FCU
Referee / Erie County|ratanawongsa,boonlua
Trustees Deed
—
Dec 17, 2015
—
Boonlua Ratanawongsa
Ratanawongsa,boonlua
Quit Claim Deed
related
—
Feb 22, 2008
—
Boonlua Ratanawonga
Ratanawongsa,boonlua
Quit Claim Deed
related
—
Oct 1, 2007
$140,000
Boonlua Ratanawongsa
Daniel R Gernatt SR.
Warranty Deed
$120,000 · Olean Area FCU
Apr 3, 2006
—
Daniel R Gernatt SR.
Harris,r Michael & Debora J
Deed In Lieu Of Foreclosure
related
—
—
—
Boonlua Ratanawongsa
—
Deed Of Trust
related
$50,000 · Olean Area FCU
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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