Entity Owned Property summary
AI-generated overview
Thruway Plaza is a large community shopping center located at the intersection of Harlem Road and Walden Avenue in Cheektowaga, an inner-ring suburb of the Buffalo MSA. The center is co-anchored by Tops, Home Depot, Floor & Decor, and More, and Planet Fitness, and is set within the Walden Avenue retail trade area along a major north-south retail corridor in the Greater Buffalo region. The property offers multiple on-site signalized entrances and is served by public transit stops located on site. Available space configurations within the shopping center include small inline retail units, end-cap locations (generally structured for a NNN lease basis), and two large big-box spaces that are capable of subdivision for multiple tenants.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1952
Total area
11,400 SF
Lot
0.23 ac (10,019 SF)
Zoning code
05C
APN
143089 102.03-3-1.2
UPID
US63-4556585
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
$18.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.50M
Owner & transaction history
since 2024
Last sale
$18.5M
2 recorded transactions
Zoning & alternative use
05C · Buffalo, NY
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$18.50M
Value range
$16.65M – $20.35M
±10% around blend
Estimated value / SF
$1,623 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
30
$16.65M
blend $18.50M
$20.35M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,400 SF
Lot area
0.23 ac
Year built
1952
Stories
1
APN
143089 102.03-3-1.2
Zoning
05C
Assessed value
$657,339
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.02M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.5 mi away · 10,881 SF
7.2 mi away · 9,268 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$18.50M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 121 sales
$97
+1,567%
County 218 sales
$101
+1,514%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $1,623/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
Comparable evidence · 3 sales
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$18.50M
Move the market yield to see immediate price impact.
Value / SF
$1,623
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%
$1.17M
$23.31M
$16.65M
$12.95M
$1.30M
$25.90M
$18.50M
$14.39M
$1.42M
$28.49M
$20.35M
$15.83M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$635k
4.4 mi · Nov 2025 · $48/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$657,339
Assessed 2023
Previous assessed
$657,339
+0.0% YoY
Assessed land
$238,700
Assessed improvement
$418,639
Land market value
$262,308
Improvement market value
$460,043
Total market value
$722,351
Applied tax rate
143,001.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1952
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
11,400 SF
Lot
0.23 ac (10,019 SF)
Zoning code
05C
APN
143089 102.03-3-1.2
UPID
US63-4556585
Jurisdiction
ERIE
Zoning & alternative use
05C · Buffalo, NYZoning 05C · permitted uses
05C · Buffalo, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1952
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
05C
Jurisdiction
Buffalo, NY
Recorded code
05C
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 05C in Buffalo, NY.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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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.
Registration is required before any owner information is shown.
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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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