Individually Owned Property summary
AI-generated overview
The property is a well-maintained commercial building located in the LaSalle business district of Niagara Falls, situated on a busy thoroughfare with access near the LaSalle Expressway and the I-190 corridor. It occupies a lot of 0.2185 acres and contains approximately 1,589 square feet. The building was previously used as a pizzeria and is configured for flexible commercial use, with potential uses including professional office, daycare, nail salon, or retail. The landlord has indicated willingness to perform interior adjustments such as painting or drywall work to accommodate tenant needs. The building supports tenant move-in requirements including background and credit checks, and it is subject to a security deposit and monthly rent structure (details omitted).
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1930
Total area
1,589 SF
Lot
0.22 ac (9,520 SF)
Zoning code
R1-C
APN
291100 161.71-1-19
UPID
US63-0152736
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$65k
Owner & transaction history
since 2005
1 recorded transaction
Zoning & alternative use
R1-C · Niagara Falls, NY
Zoning description
This sub-district is intended primarily for development in the form of single-family detached dwellings with a maximum density of nine units per acre
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$65k
Value range
$59k – $72k
±10% around blend
Estimated value / SF
$41 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$59k
blend $65k
$72k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,589 SF
Lot area
0.22 ac
Year built
1930
Stories
1
APN
291100 161.71-1-19
Zoning
R1-C
Assessed value
$49,000
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$65k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 36 sales
$84
-51%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $41/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$49k
Move the market yield to see immediate price impact.
Value / SF
$31
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$3k
$62k
$44k
$34k
$3k
$69k
$49k
$38k
$4k
$75k
$54k
$42k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Property tax & assessments
Assessed value
$49,000
Assessed 2023
Previous assessed
$49,000
+0.0% YoY
Assessed land
$26,400
Assessed improvement
$22,600
Land market value
$48,867
Improvement market value
$41,833
Total market value
$90,700
Applied tax rate
291,100.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1930
Heating
NONE
Buildings
1
Stories
1
Total area
1,589 SF
Lot
0.22 ac (9,520 SF)
Zoning code
R1-C
APN
291100 161.71-1-19
UPID
US63-0152736
Jurisdiction
NIAGARA
Zoning & alternative use
R1-C · Niagara Falls, NYZoning R1-C · permitted uses
R1-C · Niagara Falls, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
This sub-district is intended primarily for development in the form of single-family detached dwellings with a maximum density of nine units per acre
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Stories
1
Buildings
1
Lot
0.22 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
R1-C
RESIDENTIAL
Jurisdiction
Niagara Falls, NY
Recorded code
R1-C
Official district
R1-C
Official district profile
What the municipal code says about R1-C
Zoning description
This sub-district is intended primarily for development in the form of single-family detached dwellings with a maximum density of nine units per acre
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R1-C in Niagara Falls, NY.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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