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    Property profile & analytics

    418 3Rd St Niagara Falls, NY 14301

    • Banks
    • 15,159 SF
    • 1.40 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US63-0179963
    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

    • CMI Niagara Visions Clinic / Medical Clinic
    • Quest Diagnostics / Medical Clinic

    Property Details for 418 3Rd St

    Year built
    1960
    Lot size
    1.40 lot acres
    Property size
    15,159 SF
    Zone code
    C2-A
    Property type
    Banks
    APN
    291100 159.37-1-1
    APU
    2911001593711

    Description

    This exceptional 25,391 square foot property at 418 3rd St, Niagara Falls, NY, presents a unique redevelopment opportunity. Located on a 1.4-acre lot with 100+ parking spaces and four curb cuts, this C-Class, multi-tenant building boasts a prime location less than half a mile from the US/Canadian border, benefiting from over 5 million annual border crossings. The existing structure, built in 1920, features a drive-thru and ample parking (4.89 spaces per 1,000 sq ft). Its zoning (C-1) allows for diverse uses, including its previous use as a bank, restaurant, and storefront. This property is situated in a Federal Opportunity Zone, offering significant tax advantages, and is eligible for listing on the State and National Registers of Historic Places. The APN is 159.37-1-1. This two-story building presents a compelling investment opportunity for developers seeking a high-traffic location near the Seneca Niagara Casino and the Niagara Culinary Institute. The property is being sold by owner.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $450,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $485,000
      Geo Method
      $505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $360,000
      Mixed-Use
      $415,000
      Hospitality
      $380,000
      Educational
      $405,000
      Residential Income
      $450,000
      Energy
      $390,000
      Income-Based Land
      $440,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -79.0599
    Latitude
    43.0893
    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
    0
    $0.00
    $76,200
    $185,800
    $262,000
    -
    $141,115
    $344,085
    $485,200

    Comparable in this City

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      FINANCIAL BUILDING • 4,270 SF
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    • Value Estimation by Request
      38,293 SF

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      SHOW ROOM, WAREHOUSE • 38,293 SF
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      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    Niagara Falls, NY 14301
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    Realmo Value Estimation

    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.

    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.

    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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