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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    746 Main St Niagara Falls, NY 14301-1704

    • Office buildings
    • 2,407 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimations
    $250,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-5758273
    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

    • Alliance Family Dental / Dentist
    • Andrew Lawson / Dentist
    • Rocco Jospeh Oddo / Dentist
    • Dr. Ian Gaskin / Doctor
    • David Carson Millhouse / Dentist

    Property Details for 746 Main St

    Year built
    1956
    Lot size
    0.13 lot acres
    Property size
    2,407 SF
    Zone code
    C2-A
    Property type
    Office buildings
    APN
    291100 144.77-2-50
    APU
    29110014477250

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $255,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $247,000
      Market price range: $77.9k - $247k
      AI Estimate
      $217,000
      Market price range: $55.6k - $240k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $165,000
      Current use
      AUTO REPAIR, GARAGE
      $160,000
      Change: -4% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -79.0561
    Latitude
    43.0958
    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
    $6,900
    $82,600
    $89,500
    -
    $12,775
    $152,925
    $165,700

    Comparable in this City

    • Value Estimation
      $230,000
      2,265 SF

      626 6th St

      PROFESSIONAL BUILDING • 2,265 SF
      626 6th St, Niagara Falls, NY 14301-1706
      View Details
    • Value Estimation
      $280,000
      5,632 SF

      457 3rd St

      OFFICE BUILDING • 5,632 SF
      457 3rd St, Niagara Falls, NY 14301-1505
      View Details
    • Value Estimation
      $400,000
      12,480 SF

      661 Main St

      OFFICE BUILDING • 12,480 SF
      661 Main St, Niagara Falls, NY 14301-1701
      View Details
    • Value Estimation
      $305,000
      18,684 SF

      620 10th St

      OFFICE BUILDING • 18,684 SF
      620 10th St, Niagara Falls, NY 14301-1841
      View Details
    • Value Estimation
      $215,000
      2,025 SF

      3003 Pne Ave

      OFFICE BUILDING • 2,025 SF
      3003 Pne Ave, Niagara Falls, NY 14301-2445
      View Details
    • Value Estimation
      $160,000
      1,456 SF

      630 Main St

      OFFICE BUILDING • 1,456 SF
      630 Main St, Niagara Falls, NY 14301-1738
      View Details

    Similar Nearby for Sale

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      Updated Office/Retail Building For Sale

      Updated office/retail building with full basement, garage, and parking.
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    • $99,999

      Commercial Building in Prime Location

      Commercial building with offices, parking, and full basement.
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    • $735,000
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      Niagara Falls Commercial Investment Opportunity

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    • $399,900

      Niagara Falls Mixed-Use Buildings

      Three interconnected buildings near the Canadian border with flexible layout.
      561 8Th St, Niagara Falls, NY 14301
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    • $324,900

      Redevelopment Opportunity in Niagara Falls

      29,000+ sq ft building for redevelopment in Niagara Falls.
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    • $299,900

      Mixed-Use Building with Vacant Lots

      16,113 SF mixed-use building with parking in Niagara Falls.
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    Similar Nearby for Lease

    • $1,500 /Mo

      Versatile Commercial Space For Rent

      3,510 SF commercial space suitable for various businesses.
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    • Contact for pricing
      4,200 SF

      Medical/Office Space Near Niagara Hospital

      4,200+/- SF medical/office space near Niagara Falls Memorial Hospital.
      1319-1323 Pine Ave, Niagara Falls, NY 14301
      View Details
    • Contact for pricing

      Niagara Falls Retail/Office Space

      Versatile retail/office space in a high-visibility Niagara Falls location.
      1315 Pine Ave, Niagara Falls, NY 14301
      View Details
    • $10 SF/Yr
      5,682 SF

      Prime Niagara Falls Office Space

      Historic Executive Office, 5682 sq ft
      661 Main St, Niagara Falls, NY 14301
      View Details
    • $12 SF/Yr
      2,245 SF

      Downtown Niagara Falls Storefront Opportunity

      Prime retail or office space in downtown Niagara Falls.
      453-460 3Rd St, Niagara Falls, NY 14301
      View Details
    • $10 SF/Yr
      5,682 SF

      Historic Office Space For Lease

      Updated office space with kitchen, conference room, and ample parking.
      661-669 Main St, Niagara Falls, NY 14301
      View Details

    Property Visit Statistics

    • Visits by month
      4.8k
    • Visitors by month
      3.4k
    • Avg Time on site
      10 min
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    746 Main St
    Niagara Falls, NY 14301-1704
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    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
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