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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Auto shops
3500 Transit Rd Buffalo, NY 14224
Individually Owned
26-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-1885996
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1998
Total area
6,268 SF
Lot
0.89 ac (38,768 SF)
Zoning code
10
APN
146800 126.13-4-13.21
UPID
US63-1885996
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$813k
Blend (final)
Blend
$595k
Owner & transaction history
WIELAND RICHARD M
WIELAND RICHARD M
Zoning & alternative use
10 · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$900,000
+47.5%
Office building
$840,000
+38.0%
Neighborhood: shopping center
$815,000
+33.3%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$610,000
Current use
RETAIL STORES
$900,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$840,000
Change: +38% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$815,000
Change: +33% · Conversion: Difficult
RESTAURANT
$775,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$635,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$95 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$19,932
Tax year 2019
Assessed value
$230,200
Assessed 2023
Previous assessed
$230,200
+0.0% YoY
Effective rate
8.66%
On assessed value
Assessed land
$50,200
Assessed improvement
$180,000
Land market value
$193,077
Improvement market value
$692,308
Total market value
$885,385
Applied tax rate
146,801.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1998
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
6,268 SF
Lot
0.89 ac (38,768 SF)
Zoning code
10
APN
146800 126.13-4-13.21
UPID
US63-1885996
Jurisdiction
ERIE
Zoning & alternative use
10 · Buffalo, NY
Zoning 10 · permitted uses
10 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$610,000
RETAIL STORES
Est. value
$900,000
OFFICE BUILDING
Est. value
$840,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$815,000
RESTAURANT
Est. value
$775,000
COMMERCIAL (GENERAL)
Est. value
$635,000
AUTO REPAIR, GARAGE Current
RETAIL STORES
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
COMMERCIAL (GENERAL)
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
1998
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
WIELAND RICHARD M
Individual
Free & Clear · 0 yrs held
Mailing address
11218 WINDE LN, LANCASTER, NY 14086-9607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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