Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4721 Transit Rd Depew, NY 14043

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office and retail spaces available for rent.

    Type:Office, Retail
    Property size:
    1,383 SF
    Added:
    Mar 9, 2026
    Days on Market:
    23
    Last Refresh:
    Mar 16 at 12:00 pm

    Property Features for 4721 Transit Rd

    General Information

    Standard status
    Active
    Size
    1,383 SF
    Property subtype
    Office, Retail

    Building Details

    Year Built
    1991

    Spaces For Lease

    at 4721 Transit Rd Contact us

    We can help!

    Listing Contact
    Heidi Nuessle
    Heidi Nuessle

    Listing agent Heidi Nuessle License #NY 10301212311

    Listing office HUNT Commercial

    Listing date Mar 9, 2026

    Source Crexi

    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 HUNT Commercial

    Overview

    Transit Road Office and Retail

    This commercial property offers office and retail spaces for rent. There are currently two spaces available, ranging in size from 1,030 to 1,383 square feet. The property is located on Transit Road in Depew, New York.
    Location Intelligence

    Current Use by Public Records

    Jessie Daly Physician Deborah Glowny, WNY ... Real Estate Agency Marie Ducato - WNY ... Real Estate Agency Melissa Haenle, WNY ... Real Estate Agency Shannon Smith Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Depew
    County
    Erie
    State
    New York
    Longitude
    -78.6968242
    Latitude
    42.8647851

    Nearby Similar for Lease

    • $12/mo

      Versatile Space in Catalyst Fitness Plaza

      Medical office, retail, and warehouse spaces available for lease.
      5087 Broadway, Depew, NY 14043
      View Details
    • $18/mo

      Prime Location Retail Spaces Available

      Retail spaces for lease with high visibility and traffic.
      5102 Genesee Street , Depew, NY 14043
      View Details
    • Contact for pricing

      Walden Avenue Professional Office Space

      Well-appointed 2nd-floor office space, ideal for professional use.
      3260 Walden Avenue, Depew, NY 14043
      View Details
    • Contact for pricing

      Retail Space on Broadway Available

      Retail space for rent with high traffic and ample parking.
      4990 Broadway, Depew, NY 14043
      View Details
    • Contact for pricing

      Transit Road Commercial Opportunity

      Commercial property on Transit Road with equipment included and parking.
      5460 Transit Road, Depew, NY 14043
      View Details
    • $13/mo

      Transit Road Retail/Office Space

      High-traffic location near supermarket and new apartments.
      6338-6348 Transit Rd, Depew, NY
      View Details
    • Contact for pricing

      Transit Road Retail Space Available

      Newly renovated 1,200+/- SF retail space on Transit Road.
      6354 Transit Road, Depew, NY 14043
      View Details
    • $10/mo

      Retail Space in Urbandale Plaza

      Supermarket-anchored shopping center with ample parking and multiple entrances.
      2082-2122 George Urban Blvd, Depew, NY
      View Details
    • Contact for pricing

      Walden Avenue Commercial Space Available

      2,000 SF storage, garage, and office space for lease.
      3151 Walden Ave, Depew, NY 140432869
      View Details
    • Contact for pricing

      Well-Appointed Office Space Available

      Office space for lease with private offices and ample parking.
      375 Dick Rd, Depew, NY 14043
      View Details
    • Contact for pricing

      Former Convenience Store on Transit

      Former 7-11 available for lease on corner lot.
      5990 Transit Road, Depew, NY 14043
      View Details
    • Contact for pricing

      Depew Warehouse, Manufacturing, Office Space

      800,000+ SF available for warehousing, manufacturing, and office uses.
      2475 George Urban Blvd, Depew, NY
      View Details

    FAQs

    What type of property is this?
    Office units - Office and retail spaces available for rent.
    Where is this office units located?
    The property is located at 4721 Transit Rd Depew, NY.
    What are key features of this property?
    This property features: Two office spaces available.; Space sizes range from 1,030 SqFt to 1,383 SqFt.; Office property.
    (716) 880-1917
    We can help!
    Listing Contact
    Heidi Nuessle
    Heidi Nuessle
    Real Estate License ID: NY 10301212311
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!