Property profile

715 3rd St Niagara Falls, NY 14301

OFF-MARKET
Turn key restaurants
Property ID
US63-0058950
12,976 SF 0.6 ac lot Built 1965
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1965
Total area 12,976 SF
Lot 0.6 ac (26,136 SF)
Zoning code D2-B
APN 291100 144.77-2-61
UPID US63-0058950

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spa & Massage Center Gym & Fitness Center
  • Restaurant
  • Community Center

Location

715 3rd St Niagara Falls, NY 14301-1003
Niagara Falls metro Census 20500 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2021
Last sale
$155,000
3 recorded transactions
2021
Price N/A
2018
$155,000
2005
$240,999

Zoning & alternative use

D2-B · Niagara Falls, NY
Zoning description

The purpose of this district is to provide a buffer zone for the unique development of the Gorge View district

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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