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Property profile & analytics
OFF-MARKET
Estimated value
$2,035,000
Automotive properties
1951 Main St, Falconer, NY 14733-9782
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-1992700
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2005
Total area
26,013 SF
Lot
5.1 ac (222,156 SF)
Zoning code
05 - COMMERCIAL
APN
063889 354.19-1-17
UPID
US63-1992700
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
Current use
Occupant on record · Public records
-
EagleRider Motorcycle Rentals and Tours Jamestown Car Rental Facility
-
Can-am Sea-doo of Jamestown (Falconer Power Sports Inc.) Auto Parts Store (Bike/Boat/Book/etc) Store
-
Can-am Sea-doo of Jamestown Service Department Auto Repair Shop
-
Harley-Davidson of Jamestown (Falconer Power Sports Inc.) Motorcycle Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$2.04M
Owner & transaction history
Falconer Enterprises LLC · 4 yrs held
Falconer Enterprises LLC
since 2021
1 recorded transaction
Zoning & alternative use
05 - COMMERCIAL · Falconer, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+59.5%
Office building
$2.4M
+44.0%
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 Falconer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falconer 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
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,630,000
Current use
RESTAURANT
$2,600,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$2,350,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$2.04M
Range $1.83M – $2.24M · ±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
$78 / 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 2020Property tax & assessments
Tax year 2020
Assessed value
$1,695,000
Assessed 2023
Previous assessed
$1,695,000
+0.0% YoY
Assessed land
$53,200
Assessed improvement
$1,641,800
Land market value
$62,588
Improvement market value
$1,931,512
Total market value
$1,994,100
Applied tax rate
63,801.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2005
Heating
STEAM
Buildings
1
Stories
2
Bathrooms
3
Total area
26,013 SF
Lot
5.1 ac (222,156 SF)
Zoning code
05 - COMMERCIAL
APN
063889 354.19-1-17
UPID
US63-1992700
Jurisdiction
CHAUTAUQUA
Zoning & alternative use
05 - COMMERCIAL · Falconer, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Falconer, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falconer. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.6M
RESTAURANT
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE Current
RESTAURANT
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
STEAM
Stories
2
Buildings
1
Bathrooms
3
Lot
5.1 ac
Current owner
From public records · entity-resolved
Falconer Enterprises LLC
Entity
Mailing address
1951 E MAIN ST, FALCONER, NY 14733-9782
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2021
—
Falconer Enterprises LLC
—
Deed
related
$75,849 · Cattaraugus County Bank
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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