New search
Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Community centers
2331 Un Rd, Cheektowaga, NY 14227-2234
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-5211895
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1990
Total area
33,280 SF
Lot
2 ac (87,120 SF)
Zoning code
05C
APN
143089 124.00-6-1.21
UPID
US63-5211895
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$955k
Owner & transaction history
Colvin Oakdale LLC · 13 yrs held
Colvin Oakdale LLC
since 2012
7 recorded transactions
Zoning & alternative use
05C · Cheektowaga, 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 Cheektowaga submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheektowaga 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$29 / 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
$894,797
Assessed 2023
Previous assessed
$1,010,000
-11.4% YoY
Assessed land
$285,000
Assessed improvement
$609,797
Land market value
$313,187
Improvement market value
$670,106
Total market value
$983,293
Applied tax rate
143,001.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1990
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
33,280 SF
Lot
2 ac (87,120 SF)
Zoning code
05C
APN
143089 124.00-6-1.21
UPID
US63-5211895
Jurisdiction
ERIE
Zoning & alternative use
05C · Cheektowaga, NY
Zoning 05C · permitted uses
05C · Cheektowaga, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cheektowaga. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
2 ac
Current owner
From public records · entity-resolved
Colvin Oakdale LLC
Entity
Free & Clear · 13 yrs held
Mailing address
85 INNSBRUCK DR, CHEEKTOWAGA, NY 14227-2703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2017
—
Gb Properties LLC
—
Deed
related
$232,739 · Cheektowaga Economic Dev Corp
Nov 9, 2012
$1,223,000
Colvin Oakdale LLC
2331 Union Road LLC
Grant Deed
—
Nov 9, 2012
$900,000
2331 Gb Properties LLC
2331 Union Road LLC
Grant Deed
related
—
Sep 8, 2008
—
2331 Union Road LLC
Rosa,paul
Quit Claim Deed
related
$2,600,000 · Northwest Savings Bank
—
—
Colvin Oakdale LLC
—
Deed Of Trust
related
$300,000 · Cheektowaga Economic Dev Corp
—
—
Gb Properties LLC
—
Loan Modification
related
$232,739 · Cheektowaga Economic Dev Corp
—
—
Gb Properties LLC
—
Loan Modification
related
$232,739 · Cheektowaga Economic Dev Corp
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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