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Property profile & analytics
OFF-MARKET
Estimated value
$3,070,000
Industrial land
2500 America Dr West Seneca, NY 14224-5316
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-4604184
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
134.03 ac (5,838,347 SF)
Zoning code
13
APN
146800 135.01-4-61.111
UPID
US63-4604184
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 Vehicle Charging Station Electric Vehicle Charging Station
-
Worksport Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.07M
Owner & transaction history
Erie County Water Authority · 3 yrs held
Erie County Water Authority
since 2022
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
13 · West Seneca, 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 West Seneca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Seneca 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
$2,855,000
ML approach
$2,820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.07M
Range $2.76M – $3.38M · ±10% · vs last sale $3.31M (Sep 30 2022)
Last sale anchor
$3.31M
Sep 30 2022
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
—
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 2019Property tax & assessments
Tax year 2019
Tax billed
$56,770
Tax year 2019
Assessed value
$381,270
Assessed 2023
Previous assessed
$381,270
+0.0% YoY
Effective rate
14.89%
On assessed value
Assessed land
$381,270
Land market value
$1,466,423
Total market value
$1,466,423
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
134.03 ac (5,838,347 SF)
Zoning code
13
APN
146800 135.01-4-61.111
UPID
US63-4604184
Jurisdiction
ERIE
Zoning & alternative use
13 · West Seneca, NY
Zoning 13 · permitted uses
13 · West Seneca, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Seneca. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
134.03 ac
Current owner
From public records · entity-resolved
Erie County Water Authority
Entity
Free & Clear · 3 yrs held
Mailing address
295 MAIN ST RM #350, BUFFALO, NY 14203-2415
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
$3,305,250
Erie County Water Authority
North America Center LLC
Warranty Deed
—
Sep 30, 2022
—
North America Center LLC
West Seneca Joint Venture
Correction Deed
related
—
Aug 14, 2021
$175,000
Deep Transport Corp
Westmatic Properties Corporation
Warranty Deed
—
Apr 14, 2021
—
Nanco Enterprises INC
West Seneca Joint Venture
Deed
—
Sep 9, 2020
$160,000
Westmatic Properties Corp
Seneca Jv West
Grant Deed
—
May 21, 2020
—
North America Center LLC
Seneca Jv West
Quit Claim Deed
related
—
May 15, 2020
$172,500
Kamax LLC
Seneca Jv West
Grant Deed
—
Nov 26, 2019
$304,000
Kamax LLC
Seneca Jv West
Grant Deed
—
Nov 12, 2019
—
Conway Buffalo LLC
—
Grant Deed
related
$11,205,000 · M&t Bk
Jan 18, 2018
$850,000
Conway Buffalo LLC
West Seneca Jv
Grant Deed
—
Apr 21, 2017
$120,000
2228 Old Union Road LLC
West Seneca Jv
Grant Deed
—
Dec 20, 2016
$120,000
2800 N America LLC
West Seneca Jv
Grant Deed
—
Oct 14, 2016
$200,000
Glbs Properties LLC
West Seneca Jv
Grant Deed
—
May 11, 2016
$120,000
Jgb Group LLC
West Seneca Joint Venture
Grant Deed
—
Sep 2, 2015
$100,776
Shevlin Land & Cattle Co LLC
West Seneca Jv
Grant Deed
—
May 16, 2014
$90,000
Theodore E Katholos II
West Seneca Joint Venture
Grant Deed
—
Feb 11, 2014
$80,120
J & M Distributing Co INC
West Seneca Joint Venture
Grant Deed
—
Jun 21, 2012
$60,000
Katholos,theodore E II Trust
West Seneca Joint Venture
Grant Deed
—
Aug 9, 2010
$402,375
Upstate Niagara Cooperative
West Seneca Jv
Grant Deed
—
Nov 16, 2007
—
Seneca West
North America Center
Grant Deed
—
Nov 5, 2007
—
North America Center
Erie County Industrial Dev Ag
Quit Claim Deed
related
—
Aug 13, 2004
$512,722
Freight Terminals INC
North America Center
Grant Deed
—
—
—
Conway Buffalo LLC
—
Deed Of Trust
related
$11,305,000 · M&t Bk
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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