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Property profile & analytics
OFF-MARKET
Banks
5737 Transit Rd Lockport, NY 14094-5892
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-1078572
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1975
Total area
4,632 SF
Lot
0.8 ac (34,848 SF)
Zoning code
B-2
APN
292600 123.13-3-2./BB
UPID
US63-1078572
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
-
Town Of Lockport Branch Loan Service Bank
-
KeyBank ATM Atm
-
M&T Bank Bank Loan Service
-
M&T Bank ATM Atm
-
KeyBank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fx Net Lease Holdings LLC · 10 yrs held
Fx Net Lease Holdings LLC
since 2016
5 recorded transactions
Zoning & alternative use
B-2 · Lockport, NY
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 Lockport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lockport 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Property tax & assessments
Assessed value
$940,000
Assessed 2023
Previous assessed
$940,000
+0.0% YoY
Assessed land
$440,000
Assessed improvement
$500,000
Land market value
$440,000
Improvement market value
$500,000
Total market value
$940,000
Applied tax rate
290,900.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1975
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
4,632 SF
Lot
0.8 ac (34,848 SF)
Zoning code
B-2
APN
292600 123.13-3-2./BB
UPID
US63-1078572
Jurisdiction
NIAGARA
Zoning & alternative use
B-2 · Lockport, NYZoning B-2 · permitted uses
B-2 · Lockport, NY
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
1975
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Fx Net Lease Holdings LLC
Entity
Free & Clear · 10 yrs held
Mailing address
180 CANAL VW BLVD STE #600, ROCHESTER, NY 14623-2849
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2019
—
Fx Net Lease Holdings LLC
—
Grant Deed
related
$2,000,000 · Canandaigua Nat'l Bk&tr
Mar 23, 2016
—
Fx Net Lease Holdings LLC
Fv Lockport Holdings LLC
Grant Deed
related
—
Dec 28, 2015
$2,400,000
Fv Lockport Holdings LLC
Lockport Mall LLC
Warranty Deed
related
—
Dec 28, 2010
$395,000
Wal-mart Real Estate Busn Trust
Lockport Mall LLC
Grant Deed
—
Oct 2, 2009
—
Hud-housing Of Urban Dev
First Niagara Bk
Grant Deed
related
—
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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