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Property profile & analytics
FOR LEASE
Strip malls
220 Center Rd Buffalo, NY 14224
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-2726846
For Lease
1 / 3
$1,500/Mo
220 Center Rd, Buffalo, NY 14224
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1973
Total area
49,008 SF
Lot
4.92 ac (214,315 SF)
Zoning code
05 - COMMERCIAL
APN
146800 134.14-2-8.111
UPID
US63-2726846
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
-
Wimbledon Plaza Department Store Shopping Center & Mall
-
Wimbledon Bowling Lanes Bowling Alley
-
No Round Holes Pro Shop Inc (Bike/Boat/Book/etc) Store Bowling Alley
-
Fudd's House of Munch Restaurant
-
Dr. Eugene Kalmuk Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$340k
Blend (final)
Blend
$540k
Owner & transaction history
Bueme Dev Corp · 7 yrs held
Bueme Dev Corp
since 2019
Last sale
$565,000
5 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$520,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $565k (Oct 30 2020)
Last sale anchor
$565k
Oct 30 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
$11 / 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
$770,000
Assessed 2023
Previous assessed
$770,000
+0.0% YoY
Assessed land
$145,000
Assessed improvement
$625,000
Land market value
$557,692
Improvement market value
$2,403,846
Total market value
$2,961,538
Applied tax rate
146,801.0000
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
For Lease
Year built
1973
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
49,008 SF
Lot
4.92 ac (214,315 SF)
Zoning code
05 - COMMERCIAL
APN
146800 134.14-2-8.111
UPID
US63-2726846
Jurisdiction
ERIE
Zoning & alternative use
05 - COMMERCIAL · Buffalo, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · 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.
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.92 ac
Current owner
From public records · entity-resolved
Bueme Dev Corp
Entity
Mailing address
220 CTR RD, WEST SENECA, NY 14224-1947
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Mar 19, 2019
—
Bueme Dev Corp
—
Loan Modification
related
$2,710,000 · Lake Shore Svgs Bk
—
—
Bueme Dev Corp
—
Deed Of Trust
related
$200,000 · Evans Bank NA
—
—
Bueme Dev Corp
—
Deed Of Trust
related
$450,000 · Manufacturers Traders & Trust
—
—
Carl Bueme
—
Deed Of Trust
related
$650,000 · Evans Bank NA
—
—
Bueme Dev Corp
—
Deed Of Trust
related
$416,000 · Evans Bank NA
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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