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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Showrooms
3514 Delaware Ave, Buffalo, NY 14217-1235
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US63-2235322
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1950
Total area
14,348 SF
Lot
0.39 ac (17,161 SF)
Zoning code
C
APN
146489 66.38-1-14
UPID
US63-2235322
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
-
Assembly Member Rl Schimminger State Government Office
-
Lane Massage Therapy Alternative Medicine Practice Spa & Massage Center
-
Xtreme Discount Mattress Furniture & Home Goods
-
Castellucci LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$812k
Blend (final)
Blend
$660k
Owner & transaction history
3514 Delaware Ave LLC · 6 yrs held
3514 Delaware Ave LLC
since 2019
5 recorded transactions
Zoning & alternative use
C · 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
by Request
ML approach
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$46 / 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
$23,708
Tax year 2019
Assessed value
$190,000
Assessed 2023
Previous assessed
$190,000
+0.0% YoY
Effective rate
12.48%
On assessed value
Assessed land
$102,000
Assessed improvement
$88,000
Land market value
$425,018
Improvement market value
$366,682
Total market value
$791,700
Applied tax rate
146,401.0000
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
1950
Heating
NONE
Buildings
1
Stories
2
Total area
14,348 SF
Lot
0.39 ac (17,161 SF)
Zoning code
C
APN
146489 66.38-1-14
UPID
US63-2235322
Jurisdiction
ERIE
Zoning & alternative use
C · Buffalo, NY
Zoning C · permitted uses
C · 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
1950
Heating
NONE
Stories
2
Buildings
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
3514 Delaware Ave LLC
Entity
Mailing address
3514 DELAWARE AVE, KENMORE, NY 14217-1235
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Nov 26, 2019
$475,000
3514 Delaware Ave LLC
Mccormick 111 LLC
Grant Deed
$380,000 · Bank Of Akron
Jun 5, 2019
$534,623
Mccormick 111 LLC
Hutch Ents INC
Deed In Lieu Of Foreclosure
related
—
Jul 29, 2016
—
Hutch Ents INC
—
Deed
related
$517,333 · Miscellaneous Ins Co
—
—
Hutch Ents INC
—
Deed Of Trust
related
$1,150,000 · Stancorp Mortgage Investors
—
—
Hutch Ents INC
—
Loan Modification
related
$517,333 · Miscellaneous Ins Co
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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