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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    519 Cayuga Dr Niagara Falls, NY 14304-3467

    • Investment properties
    • 6,293 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimations
    $235,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2455824
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 519 Cayuga Dr

    Year built
    1921
    Lot size
    0.12 lot acres
    Property size
    6,293 SF
    Zone code
    C1-A
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    291100 161.63-1-54
    APU
    29110016163154

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $265,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $206,000
      Market price range: $207k - $667k
      AI Estimate
      $212,000
      Market price range: $213k - $763k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $440,000
      AUTO REPAIR, GARAGE
      $420,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -78.9602
    Latitude
    43.0795
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $12,600
    $12,400
    $25,000
    -
    $23,333
    $22,963
    $46,296

    Comparable in this City

    • Value Estimation
      $225,000
      1,008 SF

      527 Cayuga Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,008 SF
      527 Cayuga Dr, Niagara Falls, NY 14304-3467
      View Details
    • Value Estimation
      $255,000
      3,352 SF

      8715 Niagara Fls Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,352 SF
      8715 Niagara Fls Blvd, Niagara Falls, NY 14304-1901
      View Details
    • Value Estimation
      $265,000
      3,510 SF

      7224 Buffalo Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,510 SF
      7224 Buffalo Ave, Niagara Falls, NY 14304-4006
      View Details
    • Value Estimation
      $230,000
      1,380 SF

      1086 Military Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,380 SF
      1086 Military Rd, Niagara Falls, NY 14304-2448
      View Details
    • Value Estimation
      $270,000
      9,092 SF

      8810 Niagara Fls Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 9,092 SF
      8810 Niagara Fls Blvd, Niagara Falls, NY 14304-1986
      View Details
    • Value Estimation
      $195,000
      5,756 SF

      7626 Buffalo Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,756 SF
      7626 Buffalo Ave, Niagara Falls, NY 14304-4132
      View Details

    Similar Nearby for Sale

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      Military Rd Restaurant - Niagara Falls

      Established Restaurant, High Traffic Area, Ample Parking
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      Niagara Falls Commercial Land

      Prime 2.63-acre lot, high traffic area.
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      Niagara Falls Warehouse - $750K

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      Commercial Lot Near Amazon Warehouse

      Commercial building lot with high traffic visibility in Niagara Falls.
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      Commercial Lot in Niagara Falls

      Commercial lot for sale in high-traffic Niagara Falls location.
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      Commercial land available on Niagara Falls Boulevard.
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    Similar Nearby for Lease

    • $13 SF/Yr
      3,188 SF

      Niagara Falls Restaurant Space For Lease

      Turnkey Restaurant, 3188 sq ft, Ample Parking
      8881 Buffalo Ave, Niagara Falls, NY 14304
      View Details
    • $11 SF/Yr
      3,200 SF

      Niagara County Office Space Available

      Premier office complex for lease in Niagara County.
      7711-7781 Porter Rd, Niagara Falls, NY 14304
      View Details
    • Contact for pricing
      18,750 SF

      Industrial Flex Space For Lease

      39,181 sq ft flex space with multiple configurations.
      2150 Liberty Dr, Niagara Falls, NY 14304
      View Details
    • $12 SF/Yr
      2,000 SF

      Retail Space Near Niagara Airport

      Retail space available on Niagara Falls Blvd, newly updated.
      10158 Niagara Falls Blvd, Niagara Falls, NY 14304
      View Details
    • Contact for pricing
      2,228 SF

      Freestanding Retail Building For Lease

      Freestanding retail building with open floor plan and parking.
      1401 Military Rd, Niagara Falls, NY 14304
      View Details
    • Contact for pricing
      1,500 SF

      Office Suites For Lease

      Office suites available with competitive lease rates and ample parking.
      6934 Williams Rd, Niagara Falls, NY 14304
      View Details
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    519 Cayuga Dr
    Niagara Falls, NY 14304-3467
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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