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Property profile & analytics

90 Pearce Ave Tonawanda, NY 14150

  • Warehouses
  • 11,564 SF
  • 1.97 lot acres
For Sale
Last Sale
Nov 12, 2020
$585,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-0166396
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

  • Diamond Heating / Heating Contractor

Property Details for 90 Pearce Ave

Year built
1978
Lot size
1.97 lot acres
Property size
11,564 SF
Zone code
P-S
Property type
Warehouses
APN
146489 52.15-1-6
APU
146489521516

Description

This exceptional commercial property, located at 90 Pearce Ave in Tonawanda, NY, presents a unique investment opportunity. The 11,564 square foot building sits on a two-acre lot, offering a blend of approximately half warehouse and half traditional office space. Its strategic location just south of I-290 ensures excellent accessibility and visibility. The property includes a significant advantage with 1.25 acres of secure, gated outside lot storage, enhanced by security cameras. Ample parking is provided with a dedicated lot accommodating 20 vehicles. Currently, a tenant occupies roughly 15% of the building. The property is zoned Commercial P-S (Performance Standard) and benefits from its designation within an SBA Certified HUBZone. The asking price is $1,299,000, translating to $112.33 per square foot. This property offers a compelling combination of space, location, and security features, making it ideal for a variety of commercial uses. The existing tenant provides immediate income potential. The expansive outdoor storage area adds significant value, particularly for businesses requiring secure storage solutions. This is a rare opportunity to acquire a well-situated, versatile commercial property in a thriving area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $575,000
    ML approach
    $530,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,025,000
    6.5%
    $950,000
    7%
    $880,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $494,000
    Market price range: $495k - $1.10M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $715,000
    Current use
    COMMERCIAL (GENERAL)
    $890,000
    Change: +24% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Tonawanda
County
Erie
State
New York
Longitude
-78.8951
Latitude
42.9925
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
2019
$21,373
$51,200
$151,800
$203,000
-
$213,325
$632,475
$845,800
More about this property
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