New search
Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Auto shops
311 Kenmore Ave, Buffalo, NY 14223-2935
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-2376489
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1965
Total area
8,176 SF
Lot
1.12 ac (48,787 SF)
Zoning code
TND
APN
146489 79.30-2-8.1
UPID
US63-2376489
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
-
Dayo's Garage Auto Repair Shop
-
Militello Family Auto Car Dealership
-
311 auto repair and collision SCAM Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$415k
Blend (final)
Blend
$505k
Owner & transaction history
1 Contractor Services INC · 1 yrs held
1 Contractor Services INC
since 2025
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
TND · Buffalo, 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 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
$485,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$795,000
Current use
COMMERCIAL (GENERAL)
$690,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $600k (Feb 4 2025)
Last sale anchor
$600k
Feb 4 2025
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
$62 / 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
$22,664
Tax year 2019
Assessed value
$117,500
Assessed 2023
Previous assessed
$134,500
-12.6% YoY
Effective rate
19.29%
On assessed value
Assessed land
$82,400
Assessed improvement
$35,100
Land market value
$343,345
Improvement market value
$146,255
Total market value
$489,600
Applied tax rate
146,401.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1965
Heating
NONE
Buildings
1
Stories
1
Total area
8,176 SF
Lot
1.12 ac (48,787 SF)
Zoning code
TND
APN
146489 79.30-2-8.1
UPID
US63-2376489
Jurisdiction
ERIE
Zoning & alternative use
TND · Buffalo, NY
Zoning TND · permitted uses
TND · 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
AUTO REPAIR, GARAGE Current
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$690,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
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
1965
Heating
NONE
Stories
1
Buildings
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
1 Contractor Services INC
Entity
Free & Clear · 1 yrs held
Mailing address
38 RIVERDALE AVE, BUFFALO, NY 14207-1035
Ownership since
2025
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
Feb 4, 2025
$600,000
1 Contractor Services INC
Skillen INC
Warranty Deed
—
Jan 5, 2023
—
County Of Erie
People Of The State Of New York
Quit Claim Deed
related
—
Jan 10, 2019
$350,000
Skillen INC
311 Kenmore Avenue INC
Warranty Deed
$200,000 · 311 Kenmore Avenue INC
Sep 27, 2018
—
311 Kenmore Avenue INC
—
Deed
related
$160,000 · Devincentis Family LLC
Apr 30, 2014
$200,000
311 Kenmore Avenue INC
De Vincentis Family LLC
Warranty Deed
—
Feb 3, 2011
—
Devincentis Fam LLC
Devincentis,anthony F JR
Quit Claim Deed
related
—
Sep 15, 2008
—
Anthony F Devincentis
Corsi,vittoria
Quit Claim Deed
related
—
—
—
311 Kenmore Avenue INC
—
Loan Modification
related
$160,000 · Devincentis Family LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 311 Kenmore Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
