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    5800 Transit Rd Depew, NY 14043

    For Sale
    $750,000

    Multi-tenanted building with office, warehouse, and apartment spaces.

    Property size:
    13,724 SF
    Lot size:
    0.43 Acres

    Property Features for 5800 Transit Rd

    General Information

    Size
    13,724 SF
    Lot size
    0.43 Acres

    Source: Hunt Commercial - Buffalo Agent Leah Wrate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Tenanted Building on Transit Road

    This multi-tenanted building offers 13,724 square feet of space, comprising 5,177 square feet of office space, 5,744 square feet of industrial space, and 2,803 square feet dedicated to apartments. The property includes two apartments, one with two bedrooms and another with three bedrooms, both currently leased. The office and warehouse spaces are fully leased, with the current lease expiring in May 2025. Situated on a 0.43-acre lot along Transit Road, the location benefits from high traffic volume, with an Average Annual Daily Traffic count of 26,596 in 2019. The property features one grade door measuring 10x11. This property presents an investment opportunity with rents currently below market value.
    Insight Report Location Intelligence

    Current Use by Public Records

    Progressive Direct Marketing Marketing Agency

    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
    Depew
    County
    Erie
    State
    New York
    Longitude
    -78.6973251
    Latitude
    42.9134627

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    FAQs

    What type of property is this?
    Mixed-use property - Multi-tenanted building with office, warehouse, and apartment spaces.
    Where is this mixed-use property located?
    The property is located at 5800 Transit Rd Depew, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Multi-tenanted building with diverse income streams (office, industrial, apartments).; - Fully leased office/warehouse space provides immediate income.; - Below market rents offer potential for increased revenue.
    (716) 946-5438
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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
    5800 Transit Rd Depew, NY 14043
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