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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Specialty properties
2724 Transit Rd, Buffalo, NY 14224-2523
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-2651338
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2016
Total area
11,028 SF
Lot
3.4 ac (148,104 SF)
Zoning code
12
APN
146800 136.13-1-10
UPID
US63-2651338
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
-
The Pet Bistro (Bike/Boat/Book/etc) Store Pet Store & Service
-
Romp Pet Resort Kennel & Boarding Facility
-
Creekview Veterinary Center Veterinary Clinic
-
Upper Paw Spa & Lodge Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.16M
Owner & transaction history
Happer & Rohan Realty LLC · 3 yrs held
Happer & Rohan Realty LLC
since 2023
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
12 · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+37.7%
Commercial (general)
$1.2M
+37.0%
Office building
$1.1M
+28.4%
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
$1,160,000
ML approach
$1,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
VETERINARY, ANIMAL HOSPITAL
$855,000
Current use
RESTAURANT
$1,180,000
Change: +38% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,175,000
Change: +37% · Conversion: Difficult
OFFICE BUILDING
$1,100,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$845,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±10% · vs last sale $1.15M (May 31 2023)
Last sale anchor
$1.15M
May 31 2023
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
$105 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$35,829
Tax year 2019
Assessed value
$545,300
Assessed 2023
Previous assessed
$545,300
+0.0% YoY
Effective rate
6.57%
On assessed value
Assessed land
$90,000
Assessed improvement
$455,300
Land market value
$346,154
Improvement market value
$1,751,154
Total market value
$2,097,308
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2016
Heating
NONE
Buildings
1
Stories
1
Total area
11,028 SF
Lot
3.4 ac (148,104 SF)
Zoning code
12
APN
146800 136.13-1-10
UPID
US63-2651338
Jurisdiction
ERIE
Zoning & alternative use
12 · Buffalo, NY
Zoning 12 · permitted uses
12 · 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.
Alternative use value scenarios
Repositioning upside vs current use
VETERINARY, ANIMAL HOSPITAL Current
Est. value
$855,000
RESTAURANT
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$845,000
VETERINARY, ANIMAL HOSPITAL Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Stories
1
Buildings
1
Lot
3.4 ac
Current owner
From public records · entity-resolved
Happer & Rohan Realty LLC
Entity
Mailing address
2364 WILLISTON HTS, MARILLA, NY 14102
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2023
$1,150,000
Happer & Rohan Realty LLC
Ratajczyk Properties LLC
Bargain And Sale Deed
—
Sep 15, 2016
—
Ratajczyk Propertiies LLC
—
Deed
related
$885,000 · Alden State Bank
Feb 18, 2016
$170,000
Ratajczyk Properties LLC
Sergi,frank J & Billie J
Warranty Deed
—
Jun 8, 2007
$180,000
Frank J Sergi
Petri,anamone E
Grant Deed
—
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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