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Property profile & analytics
OFF-MARKET
Estimated value
$3,835,000
Community centers
3701 Mckinley Pkwy Hamburg, NY 14075
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-4189245
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1986
Total area
21,573 SF
Lot
2.86 ac (124,582 SF)
Zoning code
C1
APN
144889 160.07-2-30
UPID
US63-4189245
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
-
Sew Fluffy Kitties (Bike/Boat/Book/etc) Store
-
Happy Lil Hippie's Unique Boutique (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.67M
CAP Approach
CAP
$4.00M
Comparable Approach
Comparable
$4.19M
Blend (final)
Blend
$3.84M
Owner & transaction history
Ofp Hamburg Ny LLC · 3 yrs held
Ofp Hamburg Ny LLC
since 2023
Last sale
$3.8M
3 recorded transactions
Zoning & alternative use
C1 · Hamburg, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.1M
+7.3%
Restaurant
$3.0M
+1.0%
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 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
$3,940,000
ML approach
$3,670,000
CAP Approach
CAP Return
Estimation
6%
$4,330,000
6.5%
$3,995,000
7%
$3,710,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,920,000
Current use
RETAIL STORES
$3,135,000
Change: +7% · Conversion: Easy
RESTAURANT
$2,950,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$2,520,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$3.84M
Range $3.45M – $4.22M · ±10% · vs last sale $3.79M (Feb 9 2023)
Last sale anchor
$3.79M
Feb 9 2023
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
$178 / 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
$1,300,000
Assessed 2023
Previous assessed
$1,300,000
+0.0% YoY
Assessed land
$580,800
Assessed improvement
$719,200
Land market value
$1,815,000
Improvement market value
$2,247,500
Total market value
$4,062,500
Applied tax rate
144,804.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1986
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
21,573 SF
Lot
2.86 ac (124,582 SF)
Zoning code
C1
APN
144889 160.07-2-30
UPID
US63-4189245
Jurisdiction
ERIE
Zoning & alternative use
C1 · Hamburg, NY
Zoning C1 · permitted uses
C1 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.9M
RETAIL STORES
Est. value
$3.1M
RESTAURANT
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
RESTAURANT
OFFICE BUILDING
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
1986
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
2.86 ac
Current owner
From public records · entity-resolved
Ofp Hamburg Ny LLC
Entity
Mailing address
33 BLOOMFIELD HLS PKWY STE #135, BLOOMFIELD HILLS, MI 48304-2945
Ownership since
2023
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
Feb 9, 2023
$3,789,529
Ofp Hamburg Ny LLC
Mckinley Savers LLC
Bargain And Sale Deed
$3,000,000 · Associated Bank NA
Dec 30, 2010
$1,475,000
Savers Mckinley Mall LLC
Oxford Life Insurance Co
Grant Deed
$1,106,250 · Oxford Life Ins Co
Mar 16, 2010
$1,432,306
Oxford Life Ins Co
Matteliano,joseph A
Trustees Deed
related
—
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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