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    Property profile & analytics

    2980 Sheridan Dr Tonawanda, NY 14150-9417

    • Office buildings
    • 7,000 SF
    • 1.07 lot acres
    OFF-MARKET
    Value Estimation
    $3,905,000
    Last Sale
    Jan 26, 2022
    $4,486,500
    Location Intelligence
    Property ID
    US63-6048200
    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

    • WellNow Urgent Care / X-Ray Lab / Urgent Care Center
    • Chapter Aesthetic Studio / Medical Spa

    Property Details for 2980 Sheridan Dr

    Year built
    2022
    Lot size
    1.07 lot acres
    Property size
    7,000 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    146489 67.31-1-4
    APU
    146489673114

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,875,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,050,000
      6.5%
      $4,570,000
      7%
      $4,890,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,395,000
      Geo Method
      $4,165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,740,000
      Retail
      $3,700,000
      Mixed-Use
      $3,510,000
      Hospitality
      $3,995,000
      Educational
      $3,725,000
      Residential Income
      $3,810,000
      Energy
      $3,570,000
      Income-Based Land
      $4,400,000
      Food Service
      $3,795,000

    Location Insight

    • Map
    • Local Demand
    City
    Tonawanda
    County
    Erie
    State
    New York
    Longitude
    -78.8236
    Latitude
    42.9813
    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
    $35,801
    $332,000
    $368,000
    $700,000
    -
    $1,383,349
    $1,533,351
    $2,916,700

    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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    Similar Nearby for Lease

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      Office space available on Niagara Falls Boulevard from 100-2,400 SF.
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    • New
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      Office space with solar power and easy highway access.
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      Tonawanda Office Building: Prime Location, Flexible Suites
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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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      View Details
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    Tonawanda, NY 14150-9417
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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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