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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Drive through restaurants
5117 Sheridan Dr Buffalo, NY 14221-4622
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-2929877
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2019
Total area
3,340 SF
Lot
1.33 ac (57,935 SF)
APN
142289 69.09-4-2.11
UPID
US63-2929877
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
-
Mighty Taco Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$578k
Blend (final)
Blend
$715k
Owner & transaction history
Iskalo 5117 Sheridan LLC · 2 yrs held
Iskalo 5117 Sheridan LLC
since 2023
Last sale
$715,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$510,000
+23.6%
Retail stores
$480,000
+16.0%
Office building
$470,000
+13.7%
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
$720,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$510,000
Change: +24% · Conversion: Easy
RETAIL STORES
$480,000
Change: +16% · Conversion: Easy
OFFICE BUILDING
$470,000
Change: +14% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$435,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$715k
Range $644k – $787k · ±10% · vs last sale $715k (Oct 10 2023)
Last sale anchor
$715k
Oct 10 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
$214 / 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
$20,258
Tax year 2019
Assessed value
$883,000
Assessed 2023
Previous assessed
$883,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$215,000
Assessed improvement
$668,000
Land market value
$346,774
Improvement market value
$1,077,420
Total market value
$1,424,194
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2019
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
3,340 SF
Lot
1.33 ac (57,935 SF)
APN
142289 69.09-4-2.11
UPID
US63-2929877
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$510,000
RETAIL STORES
Est. value
$480,000
OFFICE BUILDING
Est. value
$470,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$435,000
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2019
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
Iskalo 5117 Sheridan LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5166 MAIN ST, WILLIAMSVILLE, NY 14221-5246
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2023
—
Iskalo 5117 Sheridan LLC
Iskalo 5117 Sheridan LLC
Intrafamily Transfer
related
—
Sep 22, 2016
$715,000
Iskalo 5117 Sheridan LLC
5117 Sheridan Drive LLC
Deed
—
—
—
Iskalo 5117 Sheridan LLC
—
Deed Of Trust
related
$150,000 · Alden St Bk
—
—
5117 Sheridan LLC
—
Deed Of Trust
related
$475,000 · Standard Insurance Co
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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