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Property profile & analytics
OFF-MARKET
Estimated value
$2,835,000
Commercial land
3150 Un Rd Cheektowaga, NY 14227-1017
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-2522492
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
10.3 ac (448,668 SF)
Zoning code
M1
APN
143089 102.04-3-45
UPID
US63-2522492
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.84M
Owner & transaction history
Jm&j Leasing Union Road LLC · 2 yrs held
Jm&j Leasing Union Road LLC
since 2023
Last sale
$2.8M
5 recorded transactions
Zoning & alternative use
M1 · Cheektowaga, 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 Cheektowaga submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheektowaga 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
$2,950,000
ML approach
$2,725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.84M
Range $2.55M – $3.12M · ±10% · vs last sale $2.84M (Dec 28 2023)
Last sale anchor
$2.84M
Dec 28 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
—
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
$320,000
Assessed 2023
Previous assessed
$320,000
+0.0% YoY
Assessed land
$320,000
Land market value
$351,648
Total market value
$351,648
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
10.3 ac (448,668 SF)
Zoning code
M1
APN
143089 102.04-3-45
UPID
US63-2522492
Jurisdiction
ERIE
Zoning & alternative use
M1 · Cheektowaga, NY
Zoning M1 · permitted uses
M1 · Cheektowaga, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cheektowaga. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
10.3 ac
Current owner
From public records · entity-resolved
Jm&j Leasing Union Road LLC
Entity
Free & Clear · 2 yrs held
Mailing address
100 THIELMAN DR, BUFFALO, NY 14206-2359
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
$2,836,500
Jm&j Leasing Union Road LLC
Iskalo Business Park LLC
Bargain And Sale Deed
—
Sep 23, 2022
—
Iskalo Business Park LLC
—
Deed
related
$750,000 · Evans Bank NA
Jan 7, 2022
—
Iskalo Business Park LLC
—
Deed
related
$537,990 · Evans Bank NA
Mar 7, 2018
—
Iskalo Business Park LLC
—
Deed
related
$715,000 · Evans Bk NA
—
—
Iskalo Business Park LLC
—
Loan Modification
related
$715,000 · 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.
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