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Property profile & analytics
FOR SALE
Showrooms
355 Central Ave, Fredonia, NY 14063
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-2170356
For Sale
1 / 38
$660,000
355 Central Ave, Fredonia, NY 14063
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1971
Total area
12,138 SF
Lot
2.3 ac (100,188 SF)
Zoning code
V1
APN
065801 96.19-1-1
UPID
US63-2170356
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
-
Lakeside Clinic Crisis Center Medical Clinic
-
L A Nails Nail Salon
-
The Family Martial Arts Center Training Center Sports School
-
Crino Rose CPA Accounting Firm Tax Preparation
-
Chautauqua County Department Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$446k
Blend (final)
Blend
$660k
Owner & transaction history
355 Fredonia LLC · 1 yrs held
355 Fredonia LLC
since 2024
Last sale
$660,000
3 recorded transactions
Zoning & alternative use
V1 · Fredonia, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+84.4%
Auto repair, garage
$760,000
+28.0%
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 Fredonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fredonia 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
$660,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$595,000
Current use
OFFICE BUILDING
$1,095,000
Change: +84% · Conversion: Easy
AUTO REPAIR, GARAGE
$760,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $660k (Aug 19 2024)
Last sale anchor
$660k
Aug 19 2024
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
$54 / 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 2020Property tax & assessments
Tax year 2020
Assessed value
$76,725
Assessed 2023
Previous assessed
$76,725
+0.0% YoY
Assessed land
$14,000
Assessed improvement
$62,725
Land market value
$107,692
Improvement market value
$482,500
Total market value
$590,192
Applied tax rate
65,801.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
1971
Heating
NONE
Buildings
1
Stories
1
Total area
12,138 SF
Lot
2.3 ac (100,188 SF)
Zoning code
V1
APN
065801 96.19-1-1
UPID
US63-2170356
Jurisdiction
CHAUTAUQUA
Zoning & alternative use
V1 · Fredonia, NY
Zoning V1 · permitted uses
V1 · Fredonia, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fredonia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$595,000
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$760,000
COMMERCIAL (GENERAL) Current
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
1971
Heating
NONE
Stories
1
Buildings
1
Lot
2.3 ac
Current owner
From public records · entity-resolved
355 Fredonia LLC
Entity
Free & Clear · 1 yrs held
Mailing address
52 E ROBINSON ST #2319, SILVER CREEK, NY 14136-1531
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2024
$660,000
355 Fredonia LLC
Pw Realty Of Fredonia LLC
Warranty Deed
—
Sep 10, 2020
—
Pw Rlty Of Fredonia LLC
—
Deed
related
$75,000 · Cattaraugus County Bank
May 3, 2016
—
Pw Realty Of Fredonia,llc
E.s.p. Enterprises, INC.
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.
Try Rey
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