Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6560 Niagara Fls Blvd Niagara Falls, NY 14304-1550

    • Community centers
    • 41,299 SF
    • 3.12 lot acres
    OFF-MARKET
    Last Sale
    Mar 01, 2024
    Value Estimations
    $575,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2733054
    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

    • Señor Leon Mexican Cantina & Grill / Mexican Restaurant

    Property Details for 6560 Niagara Fls Blvd

    Year built
    1965
    Lot size
    3.12 lot acres
    Property size
    41,299 SF
    Zone code
    C3
    Property type
    Community centers
    APN
    291100 160.07-3-5
    APU
    2911001600735

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $655,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $493,000
      Market price range: $147k - $1.49M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $630,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -78.9887
    Latitude
    43.0904
    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
    $247,300
    $552,700
    $800,000
    -
    $457,969
    $1,023,531
    $1,481,500

    Comparable in this City

    • Value Estimation
      $1,550,000
      131,133 SF

      1575 Military Rd, Unit 1653

      MINI-MALL • 131,133 SF
      1575 Military Rd, Niagara Falls, NY 14304-4705
      View Details
    • Value Estimation
      $6,865,000
      54,582 SF

      1560 Military Rd

      MINI-MALL • 54,582 SF
      1560 Military Rd, Niagara Falls, NY 14304-4704
      View Details
    • Value Estimation
      $1,300,000
      110,668 SF

      750 Builders Way

      MINI-MALL • 110,668 SF
      750 Builders Way, Niagara Falls, NY 14304-2103
      View Details
    • Value Estimation by Request
      6,014 SF

      1755 Military Rd, Unit 1899

      MINI-MALL • 6,014 SF
      1755 Military Rd, Niagara Falls, NY 14304-1733
      View Details
    • Value Estimation
      $3,075,000
      211,484 SF

      1540 Military Rd

      MINI-MALL • 211,484 SF
      1540 Military Rd, Niagara Falls, NY 14304-4704
      View Details
    • Value Estimation by Request
      20,932 SF

      8535 Niagara Fls Blvd

      MINI-MALL • 20,932 SF
      8535 Niagara Fls Blvd, Niagara Falls, NY 14304-2550
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Neighborhood Shopping Center For Sale

      Highly visible neighborhood shopping center with multiple spaces available.
      2065 River Rd, Wheatfield, NY 14304
      View Details
    • Contact for pricing
      10,322 SF

      Prime Niagara Falls Commercial Building

      10,322 SF Bank/Office, Vacant, 1.08 Acres
      2443 Military Rd, Niagara Falls, NY 14304
      View Details
    • $799,900
      4,735 SF

      Military Rd Restaurant - Niagara Falls

      Established Restaurant, High Traffic Area, Ample Parking
      3041 Military Rd, Niagara Falls, NY 14304
      View Details
    • $875,000

      Niagara Falls 10-Unit Investment Property

      All-brick 10-unit building with separate utilities and nine garages.
      6801 Buffalo Ave, Niagara Falls, NY 14304
      View Details
    • Contact for pricing

      Former Gas Station & Store

      Former gas station and convenience store with remodeling in progress.
      8721 Niagara Falls Blvd, Niagara Falls, NY 14304
      View Details
    • $650,000
      3,420 SF

      Turnkey Bar and Restaurant

      3,420 SF bar/restaurant with 800 SF patio for sale.
      8735 Buffalo Ave, Niagara Falls, NY 14304
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,372 SF

      Niagara Falls Retail Space Available

      High-visibility storefront, ample parking, 2,973 sq ft.
      8529 Niagara Falls Blvd, Niagara Falls, NY 14304
      View Details
    • Contact for pricing
      4,758 SF

      Retail Space on Niagara Falls

      Retail space available on Niagara Falls Blvd with high visibility.
      8233 Niagara Falls Blvd, Niagara Falls, NY 14304
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space on Niagara Falls Boulevard

      Retail space available at a high-traffic intersection near major retailers.
      8426-8460 Niagara Falls Blvd, Niagara Falls, NY 14304
      View Details
    • Contact for pricing
      15,000 SF

      Retail Space in Niagara Falls

      Up to 15,000 SF retail space for lease.
      1340 Military Rd, Niagara Falls, NY 14304
      View Details
    • $7 SF/Yr
      23,000 SF

      Niagara Falls Retail Space Available

      Prime Niagara Falls storefront, 13,088 sq ft.
      8735 Niagara Falls Blvd, Niagara Falls, NY 14304
      View Details
    • $8 SF/Yr
      9,696 SF

      Prime Niagara Falls Retail Space

      9,696 SF Retail Building - For Lease
      2450 Military Rd, Niagara Falls, NY 14304
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6560 Niagara Fls Blvd
    Niagara Falls, NY 14304-1550
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.