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    Property profile & analytics

    1721 Military Rd, Unit 1727 Niagara Falls, NY 14304-1733

    • Investment properties
    • 8,552 SF
    • 1.24 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US63-3090143
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Beauty By Sameen / Waxing Hair Removal Service / Beauty Salon

    Property Details for 1721 Military Rd

    Year built
    1966
    Lot size
    1.24 lot acres
    Property size
    8,552 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    293000 161.05-1-1
    APU
    2930001610511

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $300,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $250,000
      Retail
      $290,000
      Mixed-Use
      $230,000
      Hospitality
      $260,000
      Educational
      $275,000
      Residential Income
      $265,000
      Energy
      $260,000
      Income-Based Land
      $230,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -78.9728
    Latitude
    43.0962
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $90,400
    $189,600
    $280,000
    -
    $244,338
    $512,462
    $756,800

    Comparable in this City

    • Value Estimation by Request
      3,464 SF

      820 Connecting Rd

      STORE/OFFICE (MIXED USE) • 3,464 SF
      820 Connecting Rd, Niagara Falls, NY 14304-1559
      View Details
    • Value Estimation by Request
      1,440 SF

      6411 Elsa Pl

      STORE/OFFICE (MIXED USE) • 1,440 SF
      6411 Elsa Pl, Niagara Falls, NY 14304-1318
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    • Value Estimation by Request
      7,200 SF

      2941 Military Rd

      STORE/OFFICE (MIXED USE) • 7,200 SF
      2941 Military Rd, Niagara Falls, NY 14304-1251
      View Details
    • Value Estimation by Request
      2,142 SF

      3001 Military Rd

      STORE/OFFICE (MIXED USE) • 2,142 SF
      3001 Military Rd, Niagara Falls, NY 14304-1224
      View Details
    • Value Estimation by Request
      2,228 SF

      1401 Military Rd

      STORE/OFFICE (MIXED USE) • 2,228 SF
      1401 Military Rd, Niagara Falls, NY 14304-1738
      View Details
    • Value Estimation by Request
      2,077 SF

      9000 Niagara Fls Blvd

      STORE/OFFICE (MIXED USE) • 2,077 SF
      9000 Niagara Fls Blvd, Niagara Falls, NY 14304-1975
      View Details

    Similar Nearby for Sale

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      Commercially Zoned High-Traffic Property

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      10,322 SF

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      2.05 Acres

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      Land • 2.05 Acres
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    Similar Nearby for Lease

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      Summit Medical Campus: Niagara Falls

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      2,600 SF restaurant space for sale or lease.
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      15,000 SF

      Retail Space in Niagara Falls

      Up to 15,000 SF retail space for lease.
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    • $35 SF/Yr
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      Niagara Falls Travel Center Retail

      Retail space available in high-traffic travel center with Tim Hortons.
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    • $15 SF/Yr
      850 SF

      Niagara Falls Office Space Available

      850+ SF Office/Retail Space, Newly Remodeled
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      View Details
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    Niagara Falls, NY 14304-1733
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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