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Property profile & analytics
OFF-MARKET
Investment properties
2449 Niagara Rd Niagara Falls, NY 14304-2083
Individually Owned
22-yr Hold
Free & Clear
Property ID
US63-1595318
Property summary
AI-generated overview
This exceptional 1,743-square-foot warehouse, situated on a 0.21-acre rectangular lot in Niagara Falls, NY (zip code 14304), presents a compelling investment opportunity. The property, identified by APN 294000-147-014-0002-036-000, boasts a single-story brick building with a distinctive arched roof. Inside, you'll find a spacious main area bathed in natural light, complemented by multiple private offices, two bathrooms, and ample storage space, including a sizable attic. The building features a multi-zone heating system with a boiler and forced air, ensuring comfortable year-round operation. Ten parking spaces are available on-site. The property is zoned R2-B and is connected to public sewer and water. The building's interior includes brick accent walls, adding to its character. This versatile space is ideal for a variety of businesses, offering a blend of office and warehouse functionality. The total lot size is 9,324 square feet. This is a land and building sale. Don't miss this chance to establish your business in this prime Niagara Falls location.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1948
Total area
1,743 SF
Lot
0.21 ac (9,324 SF)
APN
294000 147.14-2-36
UPID
US63-1595318
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
-
Electric Contact Supply Building Supply Electrical Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Michael J Sigismondi · 22 yrs held
Michael J Sigismondi
since 2004
Last sale
$200,000
1 recorded transaction
Zoning & alternative use
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$95,500
Assessed 2023
Previous assessed
$95,500
+0.0% YoY
Assessed land
$6,600
Assessed improvement
$88,900
Land market value
$16,500
Improvement market value
$222,250
Total market value
$238,750
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1948
Heating
NONE
Buildings
1
Stories
1
Total area
1,743 SF
Lot
0.21 ac (9,324 SF)
APN
294000 147.14-2-36
UPID
US63-1595318
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
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Stories
1
Buildings
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Michael J Sigismondi
Individual
Free & Clear · 22 yrs held
Mailing address
2449 NIAGARA RD, NIAGARA FALLS, NY 14304-2083
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2004
—
Michael J Sigismondi
Sigismondi,rose
Quit Claim Deed
related
—
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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