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Property profile & analytics
OFF-MARKET
Estimated value
$7,590,000
Automotive properties
2000 Alvin Rd Grand Island, NY 14072-3404
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-1910351
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2002
Total area
30,700 SF
Lot
14.56 ac (634,234 SF)
Zoning code
B1
APN
144600 36.00-2-9.1
UPID
US63-1910351
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
-
Maguire Chevrolet of Grand Island Service Auto Repair Shop
-
Maguire Chevrolet of Grand Island Parts Auto Parts Store
-
Maguire Chevrolet of Grand Island Car Dealership Auto Repair Shop
-
Fuccillo Chevrolet Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.08M
Blend (final)
Blend
$7.59M
Owner & transaction history
Maguire Family Limited Partnership · 3 yrs held
Maguire Family Limited Partnership
since 2022
Last sale
$8.0M
2 recorded transactions
Zoning & alternative use
B1 · Grand Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Highway Business
General category
COMMERCIAL
Zone area
368.49 ac
Source
Realmo
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 Grand Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Island 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
$6,910,000
ML approach
$7,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.59M
Range $6.83M – $8.35M · ±10% · vs last sale $8.00M (Nov 3 2022)
Last sale anchor
$8.00M
Nov 3 2022
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
$247 / 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
$2,900,000
Assessed 2023
Previous assessed
$2,900,000
+0.0% YoY
Assessed land
$248,900
Assessed improvement
$2,651,100
Land market value
$327,501
Improvement market value
$3,488,299
Total market value
$3,815,800
Applied tax rate
144,601.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2002
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
30,700 SF
Lot
14.56 ac (634,234 SF)
Zoning code
B1
APN
144600 36.00-2-9.1
UPID
US63-1910351
Jurisdiction
ERIE
Zoning & alternative use
B1 · Grand Island, NYZoning B1 · permitted uses
B1 · Grand Island, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Highway Business
General category
COMMERCIAL
Zone area
368.49 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
14.56 ac
Current owner
From public records · entity-resolved
Maguire Family Limited Partnership
Entity
Free & Clear · 3 yrs held
Mailing address
504 S MDW ST, ITHACA, NY 14850-5317
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2025
—
Maguire LLC
—
Deed
related
$44,914,109 · Wells Fargo Bank NA
Nov 3, 2022
$8,000,000
Maguire Family Limited Partnership
William B Fuccillo JR
Executors Deed
—
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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