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Property profile & analytics
OFF-MARKET
Estimated value
$2,775,000
Investment properties
2928 Walden Ave, Depew, NY 14043-2615
Entity Owned
16-yr Hold
Free & Clear
Property ID
US63-1175676
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1987
Total area
32,898 SF
Lot
3.27 ac (142,441 SF)
Zoning code
05C
APN
143003 103.10-6-46.112
UPID
US63-1175676
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
-
Fruit Fresh Up Agricultural Supply Food Market
-
Santora's Pizza and Catering Restaurant
-
Fusion Sales Group Big Box & Wholesale Store Food Market
-
Infusion Sales Group Food Broker Advertising Agency
-
Deal Current Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.77M
Blend (final)
Blend
$2.78M
Owner & transaction history
Dentora Holding Co LLC · 16 yrs held
Dentora Holding Co LLC
since 2009
7 recorded transactions
Zoning & alternative use
05C · Depew, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.5M
+63.2%
Neighborhood: shopping center
$4.5M
+61.7%
Office building
$3.8M
+39.5%
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 Depew submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Depew 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,755,000
Current use
RESTAURANT
$4,495,000
Change: +63% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,455,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$3,840,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,310,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$2.78M
Range $2.50M – $3.05M · ±10%
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
$84 / 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
$1,900,000
Assessed 2023
Previous assessed
$1,900,000
+0.0% YoY
Assessed land
$540,000
Assessed improvement
$1,360,000
Land market value
$593,407
Improvement market value
$1,494,505
Total market value
$2,087,912
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1987
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
32,898 SF
Lot
3.27 ac (142,441 SF)
Zoning code
05C
APN
143003 103.10-6-46.112
UPID
US63-1175676
Jurisdiction
ERIE
Zoning & alternative use
05C · Depew, NY
Zoning 05C · permitted uses
05C · Depew, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Depew. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.8M
RESTAURANT
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
OFFICE BUILDING
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1987
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
3.27 ac
Current owner
From public records · entity-resolved
Dentora Holding Co LLC
Entity
Free & Clear · 16 yrs held
Mailing address
2928 WALDEN AVE, DEPEW, NY 14043-2615
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2020
—
Dentora Holding Co LLC
—
Deed
related
$1,600,000 · Evans Bk NA
Nov 24, 2020
—
Dentora Holding Co LLC
—
Deed
related
$922,568 · Evans Bk NA
Dec 15, 2009
$881,000
Dentora Holding Co LLC
Argonaut Hldgs INC
Grant Deed
—
Dec 15, 2009
—
Dentora Holding Co LLC
—
Trustees Deed
related
$1,050,000 · Evans Bank NA
Jan 30, 2009
—
Argonaut Holdings INC
—
Deed Of Trust
related
$13,400,000 · Us Department Of Treasury
—
—
Argonaut Holdings INC
—
Deed Of Trust
related
$2,500,000 · Uaw Retiree Medical Trust (ct)
—
—
Dentora Holding Co LLC
—
Deed Of Trust
related
$922,568 · Evans Bk NA
—
—
Dentora Holding Co LLC
—
Loan Modification
related
$1,600,000 · Evans Bk NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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