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Property profile & analytics
OFF-MARKET
Estimated value
$2,660,000
Office buildings
501 John James Audubon Pkwy, Amherst, NY 14228-1143
Entity Owned
9-yr Hold
Free & Clear
Property ID
US63-3563063
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
71,632 SF
Lot
6.61 ac (287,932 SF)
APN
142289 41.54-1-6
UPID
US63-3563063
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$2.66M
Owner & transaction history
Plaza Group 200 LLC · 9 yrs held
Plaza Group 200 LLC
since 2016
7 recorded transactions
Zoning & alternative use
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 Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amherst 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
$2.66M
Range $2.39M – $2.93M · ±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
$37 / 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
$89,896
Tax year 2019
Assessed value
$3,000,000
Assessed 2023
Previous assessed
$3,000,000
+0.0% YoY
Effective rate
3.00%
On assessed value
Assessed land
$900,000
Assessed improvement
$2,100,000
Land market value
$1,451,613
Improvement market value
$3,387,097
Total market value
$4,838,710
Applied tax rate
142,203.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
4
Total area
71,632 SF
Lot
6.61 ac (287,932 SF)
APN
142289 41.54-1-6
UPID
US63-3563063
Jurisdiction
ERIE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Cooling
Yes
Stories
4
Buildings
1
Lot
6.61 ac
Current owner
From public records · entity-resolved
Plaza Group 200 LLC
Entity
Free & Clear · 9 yrs held
Mailing address
501 JOHN JAMES AUDUBON PKWY STE #400, AMHERST, NY 14228-1143
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2017
—
Plaza Group 200 LLC
—
Deed
related
$1,890,000 · Cedar Key Associates LP
Dec 15, 2016
$3,000,000
Plaza Group 200 LLC
Towne Centre Dev Co LLC
Warranty Deed
—
Feb 20, 2009
—
William P Johnson
Rogers Twila M
Affidavit Of Death
related
—
Dec 14, 2007
—
Towne Centre Development Co LLC
Town Of Amherst Industrial Developm
Quit Claim Deed
related
$2,700,000 · Manufacturers & Traders Trust Co
—
—
Mj Peterson-deer Lakes LLC
—
Deed Of Trust
related
$7,850,000 · Manufacturers Traders & Trust
—
—
Mj Peterson-deer Lakes LLC
—
Deed Of Trust
related
$3,965,000 · M&t Bk
—
—
Allenhurst Housing Assocs LP
—
Deed Of Trust
related
$10,500 · Oak Grove Commercial Mtg LLC
—
—
Mj Peterson-deer Lakes LLC
—
Deed Of Trust
related
$4,000,000 · M&t Bk
—
—
Plaza Group 200 LLC
—
Loan Modification
related
$1,890,000 · Cedar Key Associates LP
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
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