Financial
Distress signals
Property profile

1740 Military Rd Tonawanda, NY 14150

FOR SALE
Manufacturing properties
Property ID
US63-1168763
70,788 SF 12.65 ac lot Built 1950
Last sale Jun 2005 · $225,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 1740 Military Road consists of a 57,000 SF, two-story industrial building on approximately 12.65 acres, with a site footprint described as roughly 464' x 1,179'. The solid concrete construction features reinforced rebar floors and ceilings reportedly in the 6"–12" range. The building is positioned behind the railroad tracks from Military Road, and includes two truck docks and multiple overhead doors on the first floor. It was previously used as a manufacturing plant and had been

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$5k
Tax billed · 2019
Assessed value · 2023$20k
Assessed land$20k
Effective rate25.14%

Value estimate

· Sep 2026
$510k
$459k – $561k
Sales comparison$1.05M
NOI build-up
Gross scheduled income$383k
Vacancy & credit loss−$26k
Operating expenses−$107k
NOI · 50.03% cap applied$250k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$35/SF
County average, outlier-cleaned · 148 recorded sales of this use type
Observed band · Q1–Q3$15 – $58

Cap rate analysis

How does the asset earn?
50.03%
$250k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.6
Law Firm15.5
Accounting Firm9.5

Location

1740 Military Rd Tonawanda, NY 14150
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
246 Woodward, Kenmore, NY 14217-1522 $205,000 Dec 2023 3,942 SF
955 Military, Buffalo, NY 14217 $740,000 May 2023 28,552 SF
1130 Military, Buffalo, NY 14217-1844 $1,875,000 Mar 2023 31,836 SF
1940 Kenmore, Buffalo, NY 14217-2525 $100,000 Jun 2021 4,152 SF
1069 Military, Buffalo, NY 14217-2228 $105,000 Jan 2021 2,400 SF
1110 Military, Buffalo, NY 14217-2227 $1,825,000 Jun 2019 115,328 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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