New search
Property profile & analytics
OFF-MARKET
Estimated value
$12,005,000
Office buildings
20 Huron St Buffalo, NY 14203
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-2567927
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Total area
138,782 SF
Lot
1.72 ac (74,923 SF)
Zoning code
N-1D
APN
140200 111.46-7-1.1
UPID
US63-2567927
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
$15.75M
Blend (final)
Blend
$12.01M
Owner & transaction history
Iskalo Electric Tower LLC · 3 yrs held
Iskalo Electric Tower LLC
since 2023
3 recorded transactions
Zoning & alternative use
N-1D · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$19.9M
+23.8%
Neighborhood: shopping center
$18.0M
+11.9%
Restaurant
$17.2M
+6.8%
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 Buffalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buffalo 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
OFFICE BUILDING
$16,095,000
Current use
RETAIL STORES
$19,930,000
Change: +24% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$18,010,000
Change: +12% · Conversion: Difficult
RESTAURANT
$17,185,000
Change: +7% · Conversion: Moderate
AUTO REPAIR, GARAGE
$13,510,000
Change: -16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$13,200,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$12.01M
Range $10.80M – $13.21M · ±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
$87 / 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
Tax billed
$49,370
Tax year 2023
Assessed value
$9,500,000
Assessed 2023
Previous assessed
$9,500,000
+0.0% YoY
Effective rate
0.52%
On assessed value
Assessed land
$476,400
Assessed improvement
$9,023,600
Land market value
$680,571
Improvement market value
$12,890,858
Total market value
$13,571,429
Applied tax rate
140,200.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Heating
NONE
Buildings
1
Stories
7
Total area
138,782 SF
Lot
1.72 ac (74,923 SF)
Zoning code
N-1D
APN
140200 111.46-7-1.1
UPID
US63-2567927
Jurisdiction
ERIE
Zoning & alternative use
N-1D · Buffalo, NY
Zoning N-1D · permitted uses
N-1D · Buffalo, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buffalo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$16.1M
RETAIL STORES
Est. value
$19.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.0M
RESTAURANT
Est. value
$17.2M
AUTO REPAIR, GARAGE
Est. value
$13.5M
COMMERCIAL (GENERAL)
Est. value
$13.2M
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1990
Heating
NONE
Stories
7
Buildings
1
Lot
1.72 ac
Current owner
From public records · entity-resolved
Iskalo Electric Tower LLC
Entity
Mailing address
5166 MAIN ST, WILLIAMSVILLE, NY 14221-5246
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2023
—
Iskalo Electric Tower LLC
—
Deed
related
$21,000,000 · Five Star Bank
Oct 3, 2018
—
Iskalo Electric Tower LLC
—
Grant Deed
related
$3,662,666 · M&t Bk
May 4, 2006
—
Iskalo Electric Tower LLC
—
Trustees Deed
related
$2,800,000 · Evans National 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20 Huron St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
