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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Showrooms
35 Main St, Hamburg, NY 14075-4941
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US63-1816637
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1877
Total area
4,494 SF
Lot
0.1 ac (4,401 SF)
Zoning code
CBD
APN
144803 196.09-1-39
UPID
US63-1816637
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
-
Main Street Ice Cream Grocery & Convenience Store Specialty Food Shop
-
Molly + Kate Gift Shop Home Goods Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$595k
Blend (final)
Blend
$600k
Owner & transaction history
Fenbeck Enterprises LLC · 9 yrs held
Fenbeck Enterprises LLC
since 2017
4 recorded transactions
Zoning & alternative use
CBD · Hamburg, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$655,000
+44.6%
Neighborhood: shopping center
$610,000
+34.8%
Office building
$525,000
+16.3%
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 Hamburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hamburg 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%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$450,000
Current use
RETAIL STORES
$655,000
Change: +45% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$610,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$525,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$450,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$134 / 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
$202,200
Assessed 2023
Previous assessed
$202,200
+0.0% YoY
Assessed land
$15,000
Assessed improvement
$187,200
Land market value
$46,875
Improvement market value
$585,000
Total market value
$631,875
Applied tax rate
144,801.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1877
Heating
NONE
Buildings
1
Stories
2
Total area
4,494 SF
Lot
0.1 ac (4,401 SF)
Zoning code
CBD
APN
144803 196.09-1-39
UPID
US63-1816637
Jurisdiction
ERIE
Zoning & alternative use
CBD · Hamburg, NY
Zoning CBD · permitted uses
CBD · Hamburg, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hamburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$450,000
RETAIL STORES
Est. value
$655,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$610,000
OFFICE BUILDING
Est. value
$525,000
AUTO REPAIR, GARAGE
Est. value
$450,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1877
Heating
NONE
Stories
2
Buildings
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Fenbeck Enterprises LLC
Entity
Mailing address
35 MAIN ST, HAMBURG, NY 14075-4941
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2017
—
Fenbeck Enterprises LLC
Rnadall S Fenton
Quit Claim Deed
related
$400,000 · Lake Shore Svgs Bk
Oct 27, 2005
$118,000
Randall S Fenton
Nowicki,lawrence A SR & Pamela M
Grant Deed
$108,000 · Lawrence A SR & Pamela M Nowicki
—
—
Fenbeck Enteprrises LLC
—
Deed Of Trust
related
$400,000 · Lake Shore Svgs Bk
—
—
Randall S Fenton
—
Deed Of Trust
related
$101,283 · Lawrence A SR & Pamela M Nowicki
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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