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Property profile & analytics
FOR SALE
Investment properties
8796 State Rd, Colden, NY 14033
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US63-5950949
For Sale
1 / 42
$329,900
8796 State Rd, Colden, NY 14033
View Listing →
Property summary
AI-generated overview
This 6,110 square foot mixed-use commercial property located at 8796 State Rd, Colden, NY presents a fantastic business opportunity. Situated on a 0.34-acre lot, this building boasts a prime location in the heart of Colden, offering convenient access to nearby ski country, Ellicottville, and Route 219. Previously operating as a deli, convenience store, and pizzeria, the property's versatile layout allows for a wide range of commercial uses. Significant upgrades totaling $150,000 have been recently completed, including a new roof (2022), windows (2021), and LED lighting (significantly reducing electricity costs). The furnace and hot water tank were also replaced in 2024 and 2022, respectively. The first floor features central air conditioning and two additional wall units. A substantial income stream is generated by a well-maintained three-bedroom, one-bathroom apartment on the second floor, currently renting for $1300 per month. This turnkey property offers a blend of commercial space and lucrative rental income, making it an ideal investment opportunity. The property is listed at $379,000.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1900
Total area
4,352 SF
Lot
0.34 ac (14,810 SF)
APN
143400 243.03-2-4
UPID
US63-5950949
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
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Little Mutts Realty LLC · 9 yrs held
Little Mutts Realty LLC
since 2016
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Colden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colden 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Assessed value
$80,300
Assessed 2023
Previous assessed
$80,300
+0.0% YoY
Assessed land
$8,300
Assessed improvement
$72,000
Land market value
$29,643
Improvement market value
$257,143
Total market value
$286,786
Applied tax rate
143,801.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Sale
Year built
1900
Heating
NONE
Buildings
1
Stories
2
Total area
4,352 SF
Lot
0.34 ac (14,810 SF)
APN
143400 243.03-2-4
UPID
US63-5950949
Jurisdiction
ERIE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
2
Buildings
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Little Mutts Realty LLC
Entity
Mailing address
8796 STATE RD, COLDEN, NY 14033-9781
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2016
$225,000
Little Mutts Realty LLC
Korzan Ents INC
Grant Deed
$180,000 · Bank Of Akron
Mar 16, 2010
$170,000
Korzan Ent INC
Harmony Markets
Grant Deed
—
Jul 3, 2008
$180,000
Glg Ents
Brd Holdings INC
Grant Deed
$130,000 · First Niagara Bank
Jun 30, 2006
—
People Of The State Of Ny
Brd Holdings INC
Warranty Deed
related
—
—
—
Harmony Market
—
Deed Of Trust
related
$10,000 · Bank Of Holland
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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