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Property profile & analytics
OFF-MARKET
Estimated value
$4,180,000
Industrial properties
874 Oliver St, North Tonawanda, NY 14120-3210
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-1086781
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1890
Total area
64,208 SF
Lot
9.04 ac (393,782 SF)
Zoning code
M-2
APN
291200 181.12-1-5.11
UPID
US63-1086781
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
-
Giardini & Terrazzi Park
-
Buffalo Pumps Inc Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.10M
Blend (final)
Blend
$4.18M
Owner & transaction history
Store Capitalacquisitions LLC · 3 yrs held
Store Capitalacquisitions LLC
since 2022
Last sale
$4.5M
4 recorded transactions
Zoning & alternative use
M-2 · North Tonawanda, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.4M
+105.6%
Auto repair, garage
$4.9M
+88.0%
Office building
$4.4M
+67.8%
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 North Tonawanda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$4,100,000
ML approach
$3,690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,630,000
Current use
RESTAURANT
$5,405,000
Change: +106% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,940,000
Change: +88% · Conversion: Easy
OFFICE BUILDING
$4,410,000
Change: +68% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,575,000
Change: +36% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,710,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$4.18M
Range $3.76M – $4.60M · ±10% · vs last sale $4.50M (Nov 16 2022)
Last sale anchor
$4.50M
Nov 16 2022
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
$65 / 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
$2,000,000
Assessed 2023
Previous assessed
$942,000
+112.3% YoY
Assessed land
$215,600
Assessed improvement
$1,784,400
Land market value
$414,620
Improvement market value
$3,431,580
Total market value
$3,846,200
Applied tax rate
291,200.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1890
Heating
NONE
Cooling
PARTIAL
Buildings
4
Stories
2
Total area
64,208 SF
Lot
9.04 ac (393,782 SF)
Zoning code
M-2
APN
291200 181.12-1-5.11
UPID
US63-1086781
Jurisdiction
NIAGARA
Zoning & alternative use
M-2 · North Tonawanda, NY
Zoning M-2 · permitted uses
M-2 · North Tonawanda, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Tonawanda. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
RESTAURANT
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$3.6M
WAREHOUSE, STORAGE
Est. value
$2.7M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1890
Heating
NONE
Cooling
Yes
Stories
2
Buildings
4
Lot
9.04 ac
Current owner
From public records · entity-resolved
Store Capitalacquisitions LLC
Entity
Mailing address
726 BELL AVE #301, CARNEGIE, PA 15106-1138
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2022
$4,500,000
Store Capitalacquisitions LLC
Air & Liquid Systems Corporation
Special Warranty Deed
$450,000 · Citibank NA
Nov 16, 2022
—
Union Electric Steel Corporation
Store Capital Acquisitions LLC
Lease
—
Apr 21, 2010
—
Air & Liquid Systems Corp
Air & Liquid Systems Corp
Quit Claim Deed
related
—
Dec 31, 2009
—
Buffalo Pumps INC
Howden Buffalo INC
Quit Claim Deed
related
—
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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