Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Manufacturing properties
70 Pearce Ave Tonawanda, NY 14150-6711
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-0079255
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1976
Total area
9,000 SF
Lot
0.89 ac (38,768 SF)
Zoning code
P-S
APN
146489 52.15-1-5.1
UPID
US63-0079255
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
-
Taverna Productions and Media Film Production Television Studio
-
Total Wrecking & Environmental Construction Company General Contractor
-
Nostra Development Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
$610k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
70 72 Pearce Ton LLC · 5 yrs held
70 72 Pearce Ton LLC
since 2020
Last sale
$650,000
6 recorded transactions
Zoning & alternative use
P-S · Tonawanda, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$905,000
+189.2%
Commercial (general)
$695,000
+121.5%
Warehouse, storage
$555,000
+78.0%
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 Tonawanda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$640,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$565,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$905,000
Change: +189% · Conversion: Easy
COMMERCIAL (GENERAL)
$695,000
Change: +122% · Conversion: Difficult
WAREHOUSE, STORAGE
$555,000
Change: +78% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $650k (Dec 3 2020)
Last sale anchor
$650k
Dec 3 2020
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
$70 / 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
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$15,872
Tax year 2019
Assessed value
$152,000
Assessed 2023
Previous assessed
$152,000
+0.0% YoY
Effective rate
10.44%
On assessed value
Assessed land
$14,000
Assessed improvement
$138,000
Land market value
$58,330
Improvement market value
$574,970
Total market value
$633,300
Applied tax rate
146,401.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1976
Heating
NONE
Buildings
1
Stories
1
Total area
9,000 SF
Lot
0.89 ac (38,768 SF)
Zoning code
P-S
APN
146489 52.15-1-5.1
UPID
US63-0079255
Jurisdiction
ERIE
Zoning & alternative use
P-S · Tonawanda, NY
Zoning P-S · permitted uses
P-S · Tonawanda, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tonawanda. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$555,000
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1976
Heating
NONE
Stories
1
Buildings
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
70 72 Pearce Ton LLC
Entity
Mailing address
41 GOLD CUP DR, WILLIAMSVILLE, NY 14221-2766
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2020
$650,000
70 72 Pearce Ton LLC
Trinity Properties Of Western Ny Ll
Warranty Deed
$520,000 · Key Bank NA
Sep 30, 2010
$215,000
Trinity Props Of Wes Ny LLC
Enderby,donald
Grant Deed
$204,399 · Donald R & Mary L Enderby
Dec 17, 2008
—
Donalde R Enderby
Akj Holding Co I LLC
Deed In Lieu Of Foreclosure
—
Nov 16, 2006
—
Akj Holding Co I LLC
Akj Holding Co INC
Quit Claim Deed
related
—
Nov 6, 2006
$250,000
Akj Holding Co INC
Enderby,donald R & Mary L
Warranty Deed
$225,000 · Donald R & Mary L Enderby
—
—
Trinity Props Of Western Ny LLC
—
Deed Of Trust
related
$125,000 · Lake Shore Savings Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 70 Pearce Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
