New search
Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Commercial land
624 Riv Rd, North Tonawanda, NY 14120-6563
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-4998650
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1997
Total area
17,745 SF
Lot
3.56 ac (155,074 SF)
Zoning code
WD
APN
291200 181.16-1-21.111
UPID
US63-4998650
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
-
Mid-City Dentistry Dental Office
-
Chick Robert M DDS Dental Office
-
Wny Allergy Medical Clinic
-
Bassler Michele L MD Physician
-
Leah Molina Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$472k
Blend (final)
Blend
$520k
Owner & transaction history
Dlv Properties LLC · 3 yrs held
Dlv Properties LLC
since 2023
7 recorded transactions
Zoning & alternative use
WD · North Tonawanda, 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 North Tonawanda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Tonawanda 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
$320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$29 / 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
Property tax & assessments
Assessed value
$168,238
Assessed 2023
Previous assessed
$1,000,000
-83.2% YoY
Assessed land
$168,238
Land market value
$323,500
Total market value
$323,500
Applied tax rate
291,200.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1997
Heating
NONE
Stories
1
Total area
17,745 SF
Lot
3.56 ac (155,074 SF)
Zoning code
WD
APN
291200 181.16-1-21.111
UPID
US63-4998650
Jurisdiction
NIAGARA
Zoning & alternative use
WD · North Tonawanda, NY
Zoning WD · permitted uses
WD · North Tonawanda, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Tonawanda. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
1
Lot
3.56 ac
Current owner
From public records · entity-resolved
Dlv Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9829 MAIN ST, CLARENCE, NY 14031-2173
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2023
—
Dlv Properties LLC
Niagara Cnty Industrial Developmet
Lease
—
Jan 27, 2023
—
Spectrum Northeast LLC
Dlv Properties LLC
Agreement Of Sale
—
Dec 4, 2018
$1,200,000
Dlv Properties LLC
Wellness Partners 624 LLC
Warranty Deed
—
Feb 12, 2010
$1,150,000
Wellness Partners 624 LLC
Rer LLC
Grant Deed
—
Feb 12, 2010
—
Rer LLC
Niagara County Indl Dev Agcy
Quit Claim Deed
related
—
—
—
Wellness Partners 624 LLC
—
Deed Of Trust
$1,150,000 · Evans Bank NA
—
—
Wellness Partners 624 LLC
—
Deed Of Trust
related
$945,000 · Alden St Bk
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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