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    4000 River Rd Tonawanda, NY 14150
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    Property profile & analytics

    4000 River Rd Tonawanda, NY 14150

    View on Map
    • Warehouses
    • 231,270 SF
    • 20.35 lot acres
    For Lease
    $8,485,000
    View Listing →
    Tonawanda Warehouse Space Available For Lease
    $8,485,000
    14,300 SF

    Tonawanda Warehouse Space Available

    Industrial suites with docks and drive-in access, convenient location.

    4000 River Rd, Tonawanda, NY
    View Listing
    Property ID
    US63-3273151
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • 4000 River Rd / Bus Stop
    • Duratherm Heat Transfer Fluids / Industrial Manufacturer / Production Facility
    • Suit-Kote Tonawanda Asphalt Terminal / Industrial Manufacturer / Production Facility
    • Niagara River World / Warehouse & Storage
    • Rapid Junk Removal / Waste Management Facility / Hazardous Waste Disposal

    Property Details for 4000 River Rd

    Year built
    1926
    Lot size
    20.35 lot acres
    Property size
    231,270 SF
    Property type
    Warehouses
    APN
    146489 64.08-1-1.2
    APU
    1464896408112

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,893,000
      Market price range: $9.89M - $21.9M

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

    Location Insight

    • Map
    • Local Demand
    City
    Tonawanda
    County
    Erie
    State
    New York
    Longitude
    -78.9366
    Latitude
    42.9808
    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
    2019
    $46,196
    $202,000
    $245,000
    $447,000
    -
    $841,667
    $1,020,833
    $1,862,500

    Comparable in this City

    • Value Estimation
      $1,135,000
      39,518 SF

      555 Young St

      BULK STORAGE, TANKS • 39,518 SF
      555 Young St, Tonawanda, NY 14150-4108
      View Details
    • Value Estimation
      $11,295,000
      307,000 SF

      100 Pirson Pkwy

      WAREHOUSE, STORAGE • 307,000 SF
      100 Pirson Pkwy, Tonawanda, NY 14150-6727
      View Details
    • Value Estimation by Request
      4,500 SF

      21 Cooper Ave

      WAREHOUSE, STORAGE • 4,500 SF
      21 Cooper Ave, Tonawanda, NY 14150-6649
      View Details
    • Value Estimation
      $1,650,000
      21,656 SF

      567 Vickers St

      WAREHOUSE, STORAGE • 21,656 SF
      567 Vickers St, Tonawanda, NY 14150-2516
      View Details
    • Value Estimation
      $640,000
      7,500 SF

      72 Pearce Ave

      WAREHOUSE, STORAGE • 7,500 SF
      72 Pearce Ave, Tonawanda, NY 14150-6711
      View Details
    • Value Estimation by Request
      2,918 SF

      100 Ensminger Rd

      WAREHOUSE, STORAGE • 2,918 SF
      100 Ensminger Rd, Tonawanda, NY 14150-6718
      View Details

    Similar Nearby for Sale

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      Tonawanda Manufacturing Redevelopment Opportunity

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      Tonawanda Industrial Property For Sale

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      Tonawanda Warehouse/Office/Flex Building

      Tonawanda warehouse/office/flex building with high visibility and ample parking.
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    • Contact for pricing
      5,916 SF

      Tonawanda Office/Flex Building For Sale

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      View Details

    Similar Nearby for Lease

    • $12 SF/Yr

      Tonawanda Warehouse Space For Rent

      Industrial/warehouse space available Spring 2026 in Tonawanda, NY.
      550 Fillmore Ave, Tonawanda, NY 14150
      View Details
    • $8 SF/Yr
      21,500 SF

      Tonawanda Industrial Space For Lease

      Industrial space available near downtown Buffalo and U.S.-Canada border.
      295 Fire Tower Dr, Tonawanda, NY 14150
      View Details
    • Contact for pricing
      14,300 SF

      Tonawanda Warehouse Space Available

      Industrial suites with docks and drive-in access, convenient location.
      4000 River Rd, Tonawanda, NY 14150
      View Details
    • Contact for pricing

      Tonawanda Warehouse Space Available

      7,000 SF warehouse space with office and dock doors.
      2250 Military Rd, Tonawanda, NY 14150
      View Details
    • Contact for pricing

      Retail Pad Site Opportunity

      Proposed retail pad site in a high-traffic power center.
      880 Young St, Tonawanda, NY 14150
      View Details
    View Listing
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    Tonawanda, NY 14150
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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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