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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Investment properties
4979 Harlem Rd 4997 Buffalo, NY 14226-2547
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3304017
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1967
Total area
8,264 SF
Lot
0.73 ac (31,799 SF)
Zoning code
DC-5
APN
142289 68.09-5-15.1
UPID
US63-3304017
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
-
Dr. Linda L. Benjamin, MD Pediatrician Physician
-
Dr. Emmanuel Packianathan, MD Pediatrician Physician
-
Sadiq Riffat MD Physician
-
Haijun Yao Physician
-
Shiekh Habib Ullah MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.38M
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.17M
Owner & transaction history
Hawk Properties LLC · 21 yrs held
Hawk Properties LLC
since 2005
4 recorded transactions
Zoning & alternative use
DC-5 · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+50.3%
Neighborhood: shopping center
$1.1M
+35.8%
Restaurant
$1.0M
+29.6%
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 Buffalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buffalo 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%
$1,490,000
6.5%
$1,375,000
7%
$1,275,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$790,000
Current use
RETAIL STORES
$1,185,000
Change: +50% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,070,000
Change: +36% · Conversion: Difficult
RESTAURANT
$1,025,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$960,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$805,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±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
$141 / 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
$24,937
Tax year 2019
Assessed value
$800,000
Assessed 2023
Previous assessed
$800,000
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$305,000
Assessed improvement
$495,000
Land market value
$491,936
Improvement market value
$798,387
Total market value
$1,290,323
Applied tax rate
142,201.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1967
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
8,264 SF
Lot
0.73 ac (31,799 SF)
Zoning code
DC-5
APN
142289 68.09-5-15.1
UPID
US63-3304017
Jurisdiction
ERIE
Zoning & alternative use
DC-5 · Buffalo, NY
Zoning DC-5 · permitted uses
DC-5 · Buffalo, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buffalo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$790,000
RETAIL STORES
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RESTAURANT
Est. value
$1.0M
OFFICE BUILDING
Est. value
$960,000
AUTO REPAIR, GARAGE
Est. value
$805,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1967
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Hawk Properties LLC
Entity
Mailing address
5792 MAIN ST, WILLIAMSVILLE, NY 14221-5702
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
—
Hawk Properties LLC
—
Deed
related
$1,347,500 · S & T Bank
May 2, 2016
—
Hawk Properties LLC
—
Deed
related
$250,000 · M&t Bk
Jun 21, 2005
$812,500
Hawk Properties LLC
Schmidt,alex G
Warranty Deed
$750,000 · Manufacturers Traders & Trust
—
—
Hawk Properties LLC
—
Deed Of Trust
related
$250,000 · M&t Bk
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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