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    6865 Erie Rd Derby, NY 14047

    Sponsored
    For Sale
    $469,000

    High-traffic Route 5, 3 buildings, 4,972 sq ft.

    Property size:
    4,972 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property in Derby, NY, presents a unique investment opportunity. Situated on over 1.26 acres of land with 300 feet of frontage on heavily trafficked Route 5 (over 14,000 vehicles daily), this location guarantees unparalleled visibility. The property comprises three separate buildings totaling 4,972 square feet, offering versatile space ideal for a variety of commercial ventures. The existing infrastructure includes an established restaurant, providing immediate revenue potential and a strong foundation for future growth. This multi-building complex is perfect for an entrepreneur seeking to establish multiple businesses or an investor looking to generate income from multiple tenants. The strategic location ensures maximum exposure to a large customer base, both local and passing through. This property offers a blend of established success and significant untapped potential, making it an attractive proposition for those seeking a high-visibility, high-traffic commercial space in a thriving community. The property is also listed under alternative identification numbers B1582835 and B1582849. Memorabilia is not included in the sale.

    Property Features for 6865 Erie Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,972 SF
    Lot Size
    54,886 SF

    Building Details

    Year Built
    1948
    Property Profile Location Intelligence

    Current Use by Public Records

    Super Freeze Drive In Restaurant Super Freeze Restaurant Stoned Cold Smoke ... Tobacco Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Erie
    State
    New York
    Longitude
    -78.98226
    Latitude
    42.7

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    Nearby Similar for Sale

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      Established Bar & Restaurant Opportunity

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic Route 5, 3 buildings, 4,972 sq ft.
    Where is this commercial real estate located?
    The property is located at 6865 Erie Rd Derby, NY.
    What is the asking price?
    The asking price for this property is $469,000.
    (716) 883-2200
    Request Owner's contact information
    6865 Erie Rd Derby, NY 14047
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    Derby, NY 14047
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6865 Erie Rd Derby, NY 14047
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