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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Truck terminals
3365 Broadway St Cheektowaga, NY 14227-1130
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-3018500
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1959
Total area
17,664 SF
Lot
5.63 ac (245,243 SF)
Zoning code
05C
APN
143089 102.04-3-50
UPID
US63-3018500
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
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$608k
Blend (final)
Blend
$840k
Owner & transaction history
Terminal Properties Of Ny LLC · 3 yrs held
Terminal Properties Of Ny LLC
since 2023
Last sale
$828,713
1 recorded transaction
Zoning & alternative use
05C · Cheektowaga, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$670,000
+32.9%
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
$860,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
TRUCK TERMINAL (MOTOR FREIGHT)
$505,000
Current use
MEDICAL BUILDING
$670,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $829k (Jun 5 2023)
Last sale anchor
$829k
Jun 5 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
$48 / 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
$720,000
Assessed 2023
Previous assessed
$720,000
+0.0% YoY
Assessed land
$445,000
Assessed improvement
$275,000
Land market value
$489,011
Improvement market value
$302,198
Total market value
$791,209
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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
Off-Market
Year built
1959
Heating
NONE
Buildings
1
Stories
1
Total area
17,664 SF
Lot
5.63 ac (245,243 SF)
Zoning code
05C
APN
143089 102.04-3-50
UPID
US63-3018500
Jurisdiction
ERIE
Zoning & alternative use
05C · Cheektowaga, NY
Zoning 05C · permitted uses
05C · 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.
Alternative use value scenarios
Repositioning upside vs current use
TRUCK TERMINAL (MOTOR FREIGHT) Current
Est. value
$505,000
MEDICAL BUILDING
Est. value
$670,000
TRUCK TERMINAL (MOTOR FREIGHT) Current
MEDICAL BUILDING
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
1959
Heating
NONE
Stories
1
Buildings
1
Lot
5.63 ac
Current owner
From public records · entity-resolved
Terminal Properties Of Ny LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3365 BROADWAY ST, CHEEKTOWAGA, NY 14227-1130
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2023
$828,712
Terminal Properties Of Ny LLC
Teal Leasing INC
Bargain And Sale 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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