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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Auto shops
3251 Harlem Rd, Buffalo, NY 14225-2562
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-3252308
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1955
Total area
2,048 SF
Lot
0.27 ac (11,761 SF)
Zoning code
05C
APN
143089 91.09-6-1
UPID
US63-3252308
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.14M
Owner & transaction history
Realty Income Properties 20 LLC · 1 yrs held
Realty Income Properties 20 LLC
since 2024
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
05C · 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
$1,135,000
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±10% · vs last sale $1.13M (Oct 29 2024)
Last sale anchor
$1.13M
Oct 29 2024
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
$554 / 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
$580,000
Assessed 2023
Previous assessed
$580,000
+0.0% YoY
Assessed land
$90,000
Assessed improvement
$490,000
Land market value
$98,901
Improvement market value
$538,462
Total market value
$637,363
Applied tax rate
143,003.0000
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
1955
Heating
NONE
Buildings
1
Stories
1
Total area
2,048 SF
Lot
0.27 ac (11,761 SF)
Zoning code
05C
APN
143089 91.09-6-1
UPID
US63-3252308
Jurisdiction
ERIE
Zoning & alternative use
05C · Buffalo, NY
Zoning 05C · permitted uses
05C · 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.
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Stories
1
Buildings
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Realty Income Properties 20 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
353 N CLARK ST STE #900, CHICAGO, IL 60654-3453
Ownership since
2024
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
Oct 29, 2024
$1,134,071
Realty Income Properties 20 LLC
R Cheektowaga LLC
Bargain & Sale Deed
—
Dec 21, 2021
$1,430,000
R Cheektowaga LLC
Idapec Realty Corporation
Bargain And Sale Deed
—
Mar 7, 2019
$1,150,000
Idapec Realty Corp
Scf Rc Funding III LLC
Grant Deed
—
Nov 1, 2016
$877,852
Scf Realty Capital LLC
Buffalo Lube Realty LLC
Grant Deed
—
Jul 7, 2006
$135,500
Dot Nys
Buffalo Lube Realty LLC
Warranty 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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