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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Investment properties
5230 Transit Rd 5246, Depew, NY 14043-4337
Entity Owned
17-yr Hold
Free & Clear
Property ID
US63-5973775
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1981
Total area
12,272 SF
Lot
1.15 ac (50,094 SF)
Zoning code
COM
APN
143003 115.05-12-6.11
UPID
US63-5973775
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
-
Darryl G. Lindell, DC Alternative Medicine Practice
-
Paragon Restoration Group Inc Hardware & Home Improvement Construction Company
-
Jill Grant Physician
-
Corey Auto Sales and Service Inc. Car Dealership
-
Tamera Elizabeth Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.09M
Owner & transaction history
Corigliano Holdings LLC · 17 yrs held
Corigliano Holdings LLC
since 2009
7 recorded transactions
Zoning & alternative use
COM · Depew, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.8M
+73.5%
Restaurant
$1.7M
+63.2%
Neighborhood: shopping center
$1.7M
+61.7%
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 Depew submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Depew 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,025,000
Current use
RETAIL STORES
$1,785,000
Change: +74% · Conversion: Easy
RESTAURANT
$1,675,000
Change: +63% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,660,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$1,435,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,235,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±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
$89 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$705,000
Assessed 2023
Previous assessed
$705,000
+0.0% YoY
Assessed land
$189,000
Assessed improvement
$516,000
Land market value
$207,692
Improvement market value
$567,033
Total market value
$774,725
Applied tax rate
143,007.0000
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
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1981
Heating
STEAM
Buildings
3
Stories
2
Bathrooms
2
Total area
12,272 SF
Lot
1.15 ac (50,094 SF)
Zoning code
COM
APN
143003 115.05-12-6.11
UPID
US63-5973775
Jurisdiction
ERIE
Zoning & alternative use
COM · Depew, NY
Zoning COM · permitted uses
COM · Depew, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Depew. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
RETAIL STORES
Est. value
$1.8M
RESTAURANT
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1981
Heating
STEAM
Stories
2
Buildings
3
Bathrooms
2
Lot
1.15 ac
Current owner
From public records · entity-resolved
Corigliano Holdings LLC
Entity
Free & Clear · 17 yrs held
Mailing address
5230 TRANSIT RD, DEPEW, NY 14043-4337
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2009
—
Corigliano Holdings LLC
Corigliano,dominic J
Quit Claim Deed
related
—
Nov 7, 2008
$60,000
Sp Philchris LLC
Wolf,paul W
Trustees Deed
—
—
—
Dominic J Corigliano
—
Deed Of Trust
related
$189,256 · Five Star Bank
—
—
Dominic J Corigliano
—
Deed Of Trust
related
$190,000 · Five Star Bank
—
—
Corigliano Holdings LLC
—
Deed Of Trust
related
$72,739 · Five Star Bank
—
—
Corigliano Holdings LLC
—
Deed Of Trust
related
$249,000 · Five Star Bank
—
—
Dominic J Corigliano
—
Deed Of Trust
related
$79,967 · Five Star Bank
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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