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    Property profile & analytics

    5855 Main Olcott, NY 14126-9540

    • Bars
    • 2,912 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $70,000
    Last Sale
    Aug 24, 2020
    $75,000
    Location Intelligence
    Property ID
    US63-1649929
    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

    • Bars

    Property Details for 5855 Main

    Year built
    1930
    Lot size
    0.08 lot acres
    Property size
    2,912 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    292800 5.82-1-28
    APU
    292800582128

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olcott
    County
    Niagara
    State
    New York
    Longitude
    -78.7161
    Latitude
    43.3378
    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
    $8,500
    $68,000
    $76,500
    -
    $16,344
    $130,756
    $147,100

    Comparable in this City

    • Value Estimation
      $245,000
      3,440 SF

      5852 Main

      BAR, TAVERN • 3,440 SF
      5852 Main, Olcott, NY 14126-9540
      View Details
    • Value Estimation by Request
      2,584 SF

      5885 Main

      BAR, TAVERN • 2,584 SF
      5885 Main, Olcott, NY 14126-9540
      View Details
    • Value Estimation by Request
      2,232 SF

      5877 Main

      BAR, TAVERN • 2,232 SF
      5877 Main, Olcott, NY 14126
      View Details
    • Value Estimation by Request
      6,260 SF

      5959 Main St

      Restaurants • 6,260 SF
      5959 Main St, Olcott, NY 14126
      View Details
    • Value Estimation by Request
      1,808 SF

      5989 Main

      RESTAURANT • 1,808 SF
      5989 Main, Olcott, NY 14126-9541
      View Details
    • Value Estimation by Request
      0.07 Acres

      5959 Main St

      Restaurants • 6,260 SF
      5959 Main St, Olcott, NY 14126
      View Details

    Similar Nearby for Sale

    • $599,900

      Renovated Sports Bar with Apartments

      Fully renovated sports bar with apartments in Olcott, NY.
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    • $325,000
      5,168 SF

      Turnkey Bar and Restaurant Opportunity

      Bar and restaurant in prime location with lake views.
      5885 Main, Olcott, NY 14126
      View Details
    • $599,900
      0.07 Acres

      Olcott Harbor Restaurant & Apartments

      Lakefront Restaurant, Two Buildings
      5959 Main St, Olcott, NY 14126
      View Details
    • $599,000

      Ontario Street Multifamily Opportunity

      Multifamily property for sale in Newfane, NY.
      5841-5847 Ontario St, Newfane, NY 14126
      View Details
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    5855 Main
    Olcott, NY 14126-9540
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    Realmo Value Estimation

    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.

    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.

    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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