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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3519-3523 Un Rd Cheektowaga, NY 14225

    • Investment properties
    • 21,496 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimations
    $1,780,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2825746
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 3519-3523 Un Rd

    Year built
    1961
    Lot size
    0.75 lot acres
    Property size
    21,496 SF
    Zone code
    05C
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    143089 102.12-7-1.1
    APU
    14308910212711

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,444,000
      Market price range: $972k - $3.21M
      AI Estimate
      $1,652,000
      Market price range: $972k - $3.13M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,785,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $2,790,000
      Change: +56% Conversion: Difficult
      RESTAURANT
      $2,660,000
      Change: +49% Conversion: Difficult
      OFFICE BUILDING
      $2,495,000
      Change: +40% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,095,000
      Change: +17% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cheektowaga
    County
    Erie
    State
    New York
    Longitude
    -78.7541
    Latitude
    42.9104
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $140,000
    $890,000
    $1,030,000
    -
    $153,846
    $978,022
    $1,131,868

    Comparable in this City

    • Value Estimation
      $1,145,000
      7,514 SF

      5100 Genesee St

      STORE/OFFICE (MIXED USE) • 7,514 SF
      5100 Genesee St, Buffalo, NY 14225-2487
      View Details
    • Value Estimation by Request
      1,710 SF

      3501 Harlem Rd

      STORE/OFFICE (MIXED USE) • 1,710 SF
      3501 Harlem Rd, Cheektowaga, NY 14225-1505
      View Details
    • Value Estimation by Request
      3,520 SF

      385 Nagel Dr

      STORE/OFFICE (MIXED USE) • 3,520 SF
      385 Nagel Dr, Buffalo, NY 14225-4732
      View Details
    • Value Estimation
      $610,000
      6,730 SF

      4839 Un Rd

      STORE/OFFICE (MIXED USE) • 6,730 SF
      4839 Un Rd, Cheektowaga, NY 14225-1369
      View Details
    • Value Estimation
      $570,000
      5,592 SF

      530 Duke Rd

      STORE/OFFICE (MIXED USE) • 5,592 SF
      530 Duke Rd, Buffalo, NY 14225
      View Details
    • Value Estimation
      $620,000
      6,162 SF

      2755 Harlem Rd

      STORE/OFFICE (MIXED USE) • 6,162 SF
      2755 Harlem Rd, Cheektowaga, NY 14225-4023
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Genesee Street Mixed-Use Building

      Freestanding mixed-use building with retail and residential units.
      2392 Genesee St, Cheektowaga, NY 14225
      View Details
    • $570,000
      12,720 SF

      Genesee Street Mixed-Use Redevelopment Opportunity

      Mixed-use property in Cheektowaga, NY, ideal for redevelopment.
      2376 Genesee St, Buffalo, NY 14225
      View Details
    • $300,000
      5,712 SF

      Mixed-Use Investment Opportunity, Buffalo NY

      Mixed-use property with retail and residential units for sale.
      2364 Genesee St, Buffalo, NY 14225
      View Details
    • $3,799,000
      6.08 Acres

      McKesson Parkway Development Land

      6-Acre Multifamily Development Site in Buffalo, NY
      100 Mckesson Pkwy, Buffalo, NY 14225
      View Details
    • $47,000
      4.31 Acres

      Depew, NY Commercial Land - $47K

      4.31 Acres, Prime Location, Investment Opportunity
      0 Rehm Rd, Buffalo, NY 14225
      View Details
    • $1,100,000
      25,200 SF

      Cheektowaga Industrial Building - Prime Location

      Spacious industrial building, I-90 access, ample parking.
      24 Anderson Rd, Cheektowaga, NY 14225
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      12,300 SF

      Modern Cheektowaga Warehouse

      12,300 SF Warehouse, Excellent Location
      999 Aero Dr, Cheektowaga, NY 14225
      View Details
    • $8 SF/Yr
      1,500 SF

      Suburban Retail and Auto Space

      Retail and auto space in a solid suburban neighborhood.
      530 Dick Rd, Buffalo, NY 14225
      View Details
    • Contact for pricing

      Industrial Space Near Walden Galleria

      15,000 SF warehouse/office space available for lease.
      51 Anderson Rd, Buffalo, NY 14225
      View Details
    • Contact for pricing

      Industrial Land For Lease

      Industrial land suitable for manufacturing and light industrial use.
      886 Aero Dr, Buffalo, NY 14225
      View Details
    • Contact for pricing
      151,224 SF

      Community Shopping Center Retail Space

      Retail spaces for lease in Cheektowaga's Thruway Plaza.
      2195 Harlem Rd, Buffalo, NY 14225
      View Details
    • Contact for pricing
      5,068 SF

      Walden Avenue Retail Space Available

      5,068 SF retail space with high visibility and ample parking.
      2521 Walden Ave, Buffalo, NY 14225
      View Details
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    Cheektowaga, NY 14225
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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