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Property profile & analytics
OFF-MARKET
Estimated value
$3,805,000
Strip malls
4216 Delaware Ave Tonawanda, NY 14150
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-0161327
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1957
Total area
55,363 SF
Lot
3.77 ac (164,221 SF)
Zoning code
TND
APN
146489 53.09-7-2
UPID
US63-0161327
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
-
THE RICE GARDEN Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.89M
Blend (final)
Blend
$3.81M
Owner & transaction history
Pdq Kenleon Delton LLC · 14 yrs held
Pdq Kenleon Delton LLC
since 2011
6 recorded transactions
Zoning & alternative use
TND · Tonawanda, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Tonawanda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tonawanda 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.81M
Range $3.42M – $4.19M · ±10%
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
$69 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$158,374
Tax year 2019
Assessed value
$1,462,000
Assessed 2023
Previous assessed
$1,462,000
+0.0% YoY
Effective rate
10.83%
On assessed value
Assessed land
$635,000
Assessed improvement
$827,000
Land market value
$2,645,848
Improvement market value
$3,445,852
Total market value
$6,091,700
Applied tax rate
146,401.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1957
Heating
NONE
Buildings
1
Stories
1
Total area
55,363 SF
Lot
3.77 ac (164,221 SF)
Zoning code
TND
APN
146489 53.09-7-2
UPID
US63-0161327
Jurisdiction
ERIE
Zoning & alternative use
TND · Tonawanda, NY
Zoning TND · permitted uses
TND · Tonawanda, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tonawanda. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Heating
NONE
Stories
1
Buildings
1
Lot
3.77 ac
Current owner
From public records · entity-resolved
Pdq Kenleon Delton LLC
Entity
Free & Clear · 14 yrs held
Mailing address
90 EARHART DR STE #6, WILLIAMSVILLE, NY 14221-7802
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2011
$4,500,000
Pdq Kenleon Delton LLC
Del-ton Station INC
Grant Deed
—
Jul 3, 2007
$5,736,400
Del-ton Station INC
Bg Del-ton LLC
Grant Deed
$4,071,600 · Lasalle National Bank
—
—
Pdq Kenleon Delton LLC
—
Loan Modification
related
$3,941,250 · Lake Shore Savings Bank
—
—
Pdq Kenleon Delton LLC
—
Deed Of Trust
related
$3,375,000 · Branch Banking & Trust Co
—
—
Del-ton Station INC
—
Deed Of Trust
related
$375,000 · Bank Of America
—
—
Del-ton Station INC
—
Deed Of Trust
related
$375,000 · Bank Of America
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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