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    Property profile & analytics

    2427 Sheridan Dr Tonawanda, NY 14150-9403

    • Office buildings
    • 6,439 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US63-0118271
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Howard Hanna Tonawanda / Real Estate Agency / Insurance Broker
    • Tim LaDuca / Real Estate Agency
    • Benjamin Pangburn, Howard Hanna WNY Inc. / Real Estate Agent
    • Patricia Freling, Howard Hanna WNY Inc. / Real Estate Agent

    Property Details for 2427 Sheridan Dr

    Year built
    1956
    Lot size
    0.64 lot acres
    Property size
    6,439 SF
    Zone code
    C-1
    Property type
    Office buildings
    APN
    146489 66.43-1-5
    APU
    146489664315

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $470,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $480,000
      Retail
      $410,000
      Mixed-Use
      $480,000
      Hospitality
      $405,000
      Educational
      $430,000
      Residential Income
      $420,000
      Energy
      $505,000
      Income-Based Land
      $420,000
      Food Service
      $450,000

    Location Insight

    • Map
    • Local Demand
    City
    Tonawanda
    County
    Erie
    State
    New York
    Longitude
    -78.844
    Latitude
    42.9804
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $29,835
    $120,000
    $161,000
    $281,000
    -
    $499,986
    $670,814
    $1,170,800

    Comparable in this City

    • Value Estimation by Request
      19,860 SF

      532 Main St

      OFFICE BUILDING • 19,860 SF
      532 Main St, Tonawanda, NY 14150-3853
      View Details
    • Value Estimation by Request
      2,680 SF

      2696 Sheridan Dr

      OFFICE BUILDING • 2,680 SF
      2696 Sheridan Dr, Tonawanda, NY 14150-9441
      View Details
    • Value Estimation
      $245,000
      3,200 SF

      2567 Sheridan Dr

      OFFICE BUILDING • 3,200 SF
      2567 Sheridan Dr, Tonawanda, NY 14150-9411
      View Details
    • Value Estimation
      $395,000
      11,043 SF

      6 Main St

      OFFICE BUILDING • 11,043 SF
      6 Main St, Tonawanda, NY 14150-2106
      View Details
    • Value Estimation
      $245,000
      5,464 SF

      200 Roosevelt St

      OFFICE BUILDING • 5,464 SF
      200 Roosevelt St, Tonawanda, NY 14150-3503
      View Details
    • Value Estimation
      $565,000
      7,920 SF

      933 Sheridan Dr

      OFFICE BUILDING • 7,920 SF
      933 Sheridan Dr, Tonawanda, NY 14150
      View Details

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      Freestanding Tonawanda Warehouse with Office

      Warehouse with Class A office space, abundant parking, outside storage.
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    Similar Nearby for Lease

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    • $18 SF/Yr
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      New Retail/Office/Restaurant Space Available

      New construction retail/office/restaurant space for lease in Tonawanda, NY.
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    • $24 SF/Yr
      950 SF

      Tonawanda Executive Office Space

      950 SF Freestanding Office Building
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      View Details
    • $14 SF/Yr
      8,000 SF

      Furnished Tonawanda Office Space Available

      8,000 SF furnished office space in Tonawanda business park.
      777 E Park Dr, Tonawanda, NY 14150
      View Details
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    Tonawanda, NY 14150-9403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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