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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Strip malls
2065 Riv Rd Niagara Falls, NY 14304-3714
Entity Owned
6-yr Hold
Free & Clear
Property ID
US63-1557234
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1992
Total area
9,500 SF
Lot
1.8 ac (78,408 SF)
APN
294000 174.08-1-1.2
UPID
US63-1557234
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
-
Sheri N. DeFazio Law Firm
-
Sunoco Gas Station
-
Yummiez Waffle House Restaurant
-
Hearts for the Homeless Charitable Organization
-
Maid Brigade of Western New York Commercial Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$915k
Owner & transaction history
Ccbro Petro LLC · 6 yrs held
Ccbro Petro LLC
since 2020
Last sale
$800,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$815,000
+464.2%
Commercial (general)
$735,000
+409.1%
Office building
$555,000
+284.5%
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 Niagara Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niagara Falls 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
$915,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$815,000
Change: +464% · Conversion: Difficult
COMMERCIAL (GENERAL)
$735,000
Change: +409% · Conversion: Easy
OFFICE BUILDING
$555,000
Change: +284% · Conversion: Moderate
AUTO REPAIR, GARAGE
$525,000
Change: +262% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $800k (Jun 11 2020)
Last sale anchor
$800k
Jun 11 2020
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
$96 / 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
Property tax & assessments
Assessed value
$333,750
Assessed 2023
Previous assessed
$333,750
+0.0% YoY
Assessed land
$30,600
Assessed improvement
$303,150
Land market value
$76,500
Improvement market value
$757,875
Total market value
$834,375
Applied tax rate
293,001.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1992
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
9,500 SF
Lot
1.8 ac (78,408 SF)
APN
294000 174.08-1-1.2
UPID
US63-1557234
Jurisdiction
NIAGARA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$735,000
OFFICE BUILDING
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$525,000
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1992
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
Ccbro Petro LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2065 RIV RD, NIAGARA FALLS, NY 14304-3714
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2020
$800,000
Ccbro Petro LLC
Summit Ddl LLC
Grant Deed
—
Jun 11, 2020
$30,000
Ccbro Petro LLC
Dld Of Amherst INC
Grant Deed
$812,500 · Steuben Tr Co
May 13, 2011
$30,000
Summit Ddl LLC
Sachs,mischa
Grant Deed
—
May 13, 2011
—
Summit Ddl LLC
Gordon,rachel
Grant Deed
related
—
Aug 25, 2004
$73,100
Rachel Gordon
Referee Of Niagara County
Trustees 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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