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Property profile & analytics
OFF-MARKET
Estimated value
$2,595,000
Investment properties
3283 Walden Ave, Depew, NY 14043
Entity Owned
10-yr Hold
Free & Clear
Property ID
US63-1305371
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1995
Total area
21,784 SF
Lot
2.1 ac (91,476 SF)
APN
145201 104.09-1-11.11
UPID
US63-1305371
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
-
Legno Venteo Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.15M
Comparable Approach
Comparable
$2.22M
Blend (final)
Blend
$2.60M
Owner & transaction history
3283 Walden Ave LP · 10 yrs held
3283 Walden Ave LP
since 2015
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.2M
+73.5%
Restaurant
$3.0M
+63.2%
Neighborhood: shopping center
$3.0M
+61.7%
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%
$3,410,000
6.5%
$3,150,000
7%
$2,925,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,825,000
Current use
RETAIL STORES
$3,165,000
Change: +74% · Conversion: Easy
RESTAURANT
$2,975,000
Change: +63% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,950,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$2,545,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,190,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$2.60M
Range $2.34M – $2.85M · ±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
$119 / 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
$1,520,000
Assessed 2023
Previous assessed
$1,520,000
+0.0% YoY
Assessed land
$680,000
Assessed improvement
$840,000
Land market value
$906,682
Improvement market value
$1,120,018
Total market value
$2,026,700
Applied tax rate
143,007.0000
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
1995
Heating
NONE
Buildings
2
Stories
1
Total area
21,784 SF
Lot
2.1 ac (91,476 SF)
APN
145201 104.09-1-11.11
UPID
US63-1305371
Jurisdiction
ERIE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.8M
RETAIL STORES
Est. value
$3.2M
RESTAURANT
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.2M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1995
Heating
NONE
Stories
1
Buildings
2
Lot
2.1 ac
Current owner
From public records · entity-resolved
3283 Walden Ave LP
Entity
Free & Clear · 10 yrs held
Mailing address
3871 HARLEM RD STE #1, BUFFALO, NY 14215-1937
Ownership since
2015
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
Jul 29, 2015
$1,450,000
3283 Walden Ave LP
Caroll James J
Grant Deed
—
—
—
James J Caroll
—
Deed Of Trust
related
$2,014,000 · Evans Bank NA
—
—
James J Carroll
—
Deed Of Trust
related
$300,000 · Evans National Bank
—
—
James J Carroll
—
Deed Of Trust
related
$100,000 · Evans National Bank
—
—
James J Caroll
—
Deed Of Trust
related
$335,908 · Evans National Bank
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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