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Property profile & analytics
FOR SALE
Warehouses
4353 Miller Rd, Niagara Falls, NY 14304
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-1940369
For Sale
1 / 17
$1,500,000
4353 Miller Rd, Niagara Falls, NY 14304
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Total area
7,080 SF
Lot
2.3 ac (100,188 SF)
Zoning code
06 - INDUSTRIAL
APN
293000 132.13-1-8
UPID
US63-1940369
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
-
Mikelly Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Day & Ross USA INC · 2 yrs held
Day & Ross USA INC
since 2023
Last sale
$575,000
3 recorded transactions
Zoning & alternative use
06 - INDUSTRIAL · Niagara Falls, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$595,000
+99.4%
Commercial (general)
$540,000
+80.1%
Office building
$490,000
+64.8%
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 Niagara Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niagara Falls 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
$545,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$595,000
Change: +99% · Conversion: Difficult
COMMERCIAL (GENERAL)
$540,000
Change: +80% · Conversion: Difficult
OFFICE BUILDING
$490,000
Change: +65% · Conversion: Difficult
AUTO REPAIR, GARAGE
$470,000
Change: +58% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $575k (Nov 6 2023)
Last sale anchor
$575k
Nov 6 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
$78 / 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
Property tax & assessments
Assessed value
$110,000
Assessed 2023
Previous assessed
$110,000
+0.0% YoY
Assessed land
$27,600
Assessed improvement
$82,400
Land market value
$74,595
Improvement market value
$222,705
Total market value
$297,300
Applied tax rate
293,001.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1990
Heating
NONE
Buildings
1
Stories
1
Total area
7,080 SF
Lot
2.3 ac (100,188 SF)
Zoning code
06 - INDUSTRIAL
APN
293000 132.13-1-8
UPID
US63-1940369
Jurisdiction
NIAGARA
Zoning & alternative use
06 - INDUSTRIAL · Niagara Falls, NY
Zoning 06 - INDUSTRIAL · permitted uses
06 - INDUSTRIAL · Niagara Falls, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Niagara Falls. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$595,000
COMMERCIAL (GENERAL)
Est. value
$540,000
OFFICE BUILDING
Est. value
$490,000
AUTO REPAIR, GARAGE
Est. value
$470,000
RESTAURANT
COMMERCIAL (GENERAL)
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
1990
Heating
NONE
Stories
1
Buildings
1
Lot
2.3 ac
Current owner
From public records · entity-resolved
Day & Ross USA INC
Entity
Free & Clear · 2 yrs held
Mailing address
8025 CRESTVIEW DR, NIAGARA FALLS, NY 14304-1457
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
Nov 6, 2023
$575,000
Day & Ross USA INC
Nbr Holdings INC
Bargain And Sale Deed
—
Mar 15, 2016
$369,000
Nbr Holdings INC
Grudzinski,edward J
Warranty Deed
related
—
Mar 15, 2016
—
Edward J Grudzinski
Johnson Marion G
Warranty 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.
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?”
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