Property profile

492 Rhode Is St Buffalo, NY 14213

OFF-MARKET
Turn key restaurants
Property ID
US63-0092841
6,292 SF 0.14 ac lot Built 1860
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1860
Total area 6,292 SF
Lot 0.14 ac (6,000 SF)
Zoning code N-2E
APN 140200 99.44-4-15.1
UPID US63-0092841

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

492 Rhode Is St Buffalo, NY 14213-2316
Buffalo metro Census 6601 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2023
Last sale
$400,000
4 recorded transactions
2023
$400,000
2012
$270,000
2006
Price N/A
2005
$235,000

Zoning & alternative use

N-2E · Buffalo, NY
Zoning description

3.1.5 N-2E Mixed-Use Edge 3-7 3.1.6 N-2R Residential 3-8 3.1.7 N-3C Mixed-Use Center 3-9 3.1.8 N-3E Mixed-Use Edge 3-10 3.1.9 N-3R Residential 3-11 3.1.10 N-4-30 Single-Family 3-12 3.1.11 N-4-50 Single-Family 3-13 3.2 Bu…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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