New search
Property profile & analytics
OFF-MARKET
Estimated value
$12,690,000
Commercial real estate
4117 Walden Ave, Lancaster, NY 14086
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-3102004
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2013
Total area
96,190 SF
Lot
41.04 ac (1,787,702 SF)
Zoning code
BUS-IND
APN
145289 105.00-2-9.111
UPID
US63-3102004
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.90M
Comparable Approach
Comparable
$13.34M
Blend (final)
Blend
$12.69M
Owner & transaction history
Eagle Associates Of Niagara Frontie · 4 yrs held
Eagle Associates Of Niagara Frontie
since 2022
Last sale
$13,041
2 recorded transactions
Zoning & alternative use
BUS-IND · Lancaster, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$14.0M
+43.7%
Restaurant
$13.1M
+35.1%
Neighborhood: shopping center
$13.0M
+33.9%
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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
by Request
CAP Approach
CAP Return
Estimation
6%
$15,060,000
6.5%
$13,900,000
7%
$12,910,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,730,000
Current use
RETAIL STORES
$13,975,000
Change: +44% · Conversion: Easy
RESTAURANT
$13,145,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$13,020,000
Change: +34% · Conversion: Difficult
OFFICE BUILDING
$11,235,000
Change: +15% · Conversion: Easy
AUTO REPAIR, GARAGE
$9,670,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$12.69M
Range $11.42M – $13.96M · ±10% · vs last sale $13k (Jun 23 2022)
Last sale anchor
$13k
Jun 23 2022
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
$132 / 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
$9,300,000
Assessed 2023
Previous assessed
$460,000
+1,921.7% YoY
Assessed land
$1,204,000
Assessed improvement
$8,096,000
Land market value
$1,605,333
Improvement market value
$10,794,667
Total market value
$12,400,000
Applied tax rate
145,201.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2013
Heating
NONE
Cooling
CENTRAL
Buildings
5
Stories
1
Total area
96,190 SF
Lot
41.04 ac (1,787,702 SF)
Zoning code
BUS-IND
APN
145289 105.00-2-9.111
UPID
US63-3102004
Jurisdiction
ERIE
Zoning & alternative use
BUS-IND · Lancaster, NY
Zoning BUS-IND · permitted uses
BUS-IND · Lancaster, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$9.7M
RETAIL STORES
Est. value
$14.0M
RESTAURANT
Est. value
$13.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.0M
OFFICE BUILDING
Est. value
$11.2M
AUTO REPAIR, GARAGE
Est. value
$9.7M
COMMERCIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
2013
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Lot
41.04 ac
Current owner
From public records · entity-resolved
Eagle Associates Of Niagara Frontie
Entity
Free & Clear · 4 yrs held
Mailing address
4155 WALDEN AVE, LANCASTER, NY 14086-1512
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2022
—
Eagle Associates Of Niagara Frontie
Eagle Assc Of Niagara Frontier INC
Intrafamily Transfer
related
—
May 17, 2011
$13,041
Eagle Associates Of Niagara Front
Try-it Distributing Co INC
Grant 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4117 Walden Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
