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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Hotels
643 Rainbow Blvd, Niagara Falls, NY 14303-1313
Entity Owned
17-yr Hold
Free & Clear
Property ID
US63-3361686
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2016
Total area
47,485 SF
Lot
1.04 ac (45,302 SF)
Zoning code
D1-C
APN
291100 159.54-1-25
UPID
US63-3361686
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
-
Restaurants Restaurant Buffet
-
Fairfield Inn & Suites Niagara Falls Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Sai Lodging LLC · 17 yrs held
Sai Lodging LLC
since 2008
7 recorded transactions
Zoning & alternative use
D1-C · Niagara Falls, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.7M
+31.7%
Warehouse, storage
$1.4M
+6.0%
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 Niagara Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niagara Falls 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
HOTEL/MOTEL
$1,300,000
Current use
OFFICE BUILDING
$1,715,000
Change: +32% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,380,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±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
$24 / 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
$1,989,000
Assessed 2023
Previous assessed
$1,989,000
+0.0% YoY
Assessed land
$173,400
Assessed improvement
$1,815,600
Land market value
$321,108
Improvement market value
$3,362,192
Total market value
$3,683,300
Applied tax rate
291,100.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2016
Heating
NONE
Stories
5
Total area
47,485 SF
Lot
1.04 ac (45,302 SF)
Zoning code
D1-C
APN
291100 159.54-1-25
UPID
US63-3361686
Jurisdiction
NIAGARA
Zoning & alternative use
D1-C · Niagara Falls, NY
Zoning D1-C · permitted uses
D1-C · Niagara Falls, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Niagara Falls. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.4M
HOTEL/MOTEL Current
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2016
Heating
NONE
Stories
5
Lot
1.04 ac
Current owner
From public records · entity-resolved
Sai Lodging LLC
Entity
Free & Clear · 17 yrs held
Mailing address
3180 STRENG LN, ROYAL PALM BEACH, FL 33411-8373
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2017
—
Sai Loding LLC
—
Deed
related
$4,250,000 · Bank Of Castile
Jun 3, 2016
—
Sai Lodging LLC
—
Deed
related
$512,000 · Bank Of Castile
Dec 17, 2008
$750,000
Sai Lodging LLC
Copia,james M
Warranty Deed
—
—
—
Sai Lodging LLC
—
Deed Of Trust
related
$968,000 · Bank Of Castile
—
—
Niagara County Indl Dev Agcy
—
Deed Of Trust
related
—
—
—
Sai Lodging LLC
—
Loan Modification, Consolidation And Extension
related
$6,288,000 · Bank Of Castile
—
—
Sai Lodging LLC
—
Deed Of Trust
related
$512,000 · Bank Of Castile
—
—
Sai Lodging LLC
—
Loan Modification, Consolidation And Extension
related
$6,800,000 · Bank Of Castile
—
—
Sai Lodging LLC
—
Deed Of Trust
related
$5,320,000 · Bank Of Castile
—
—
Sai Loding LLC
—
Loan Modification
related
$4,250,000 · Bank Of Castile
—
—
Sai Lodging LLC
—
Deed Of Trust
related
$2,621,000 · Empire St Certified Dev
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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