5460 Transit Rd, Depew, NY
Commercial property on Transit Road with high visibility and ample parking.
- Added:
- May 31, 2024
- Days on Market:
- 744
- Last Refresh:
- May 20 at 8:35 pm
Property Features for 5460 Transit Rd
General Information
- Standard status
- Active
- Size
- 13,165 SF
- Lot size
- 0.63 Acres
- Property subtype
- RETAIL
Properties For Sale
at 5460 Transit Rd Contact us
Listing agent Rick Recckio License ##RMR001968 (716) 998-4422
Listing office Recckio Real Estate & Development (716) 998-4422
Listing date May 31, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Recckio Real Estate & Development
HighLights
- High‑traffic location on Transit Road with 30,645 daily traffic count
- 50 free surface parking spaces and a parking ratio of 4.32/1,000 Square Feet
- Corner lot with traffic signal access and great visibility
- Opportunity with all equipment included
- Warehouse, storage or retail use conversion possibilities
- LED sign out front and on‑building signage
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $189.6k | $14.40 |
| − Vacancy | −$20.5k | −$1.56 |
| EGI | $169.1k | $12.84 |
| − OpEx | −$50.7k | −$3.85 |
| NOI | $118.4k | $8.99 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Broadway Service Center — 4685 Broadway, Depew, NY 14043
- Strickland Automotive — 4685 Broadway, Depew, NY 14043
- David's Broadway Automotive Collision — 4673 broadway, depew, ny 14043
- Corey Auto Sales and Service Inc. — 5230 Transit Rd # 1, Depew, NY 14043
- Ashley Towing & Recovery
Location Insight
- Map
- Local Demand
- City
- Depew
- County
- Erie
- State
- New York
- Longitude
- -78.6977
- Latitude
- 42.9041
