Renovated Office
New
For Sale
$375,000
4830 Transit Road, Depew, NY 14043
CommercialSale, Depew, NY
Property Size2,590 SF
Lot Size3.00 Acres
Price / SF$144.79
Days on Market1
Property Features for 4830 Transit Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C
Zoning description
Residential Multi Use
Rooms
Basement
Parking
12
Subdivision
Buffalo Crk Reservation
Lot features
Rectangular, Rectangular Lot
Elementary school district
Depew
Middle school district
Depew
High school district
Depew
Standard status
Active
APN
143089-126-050-0001-015-000
Size
2,590 SF
Lot size
3.00 Acres
Taxes and HOA fees
Tax Annual Amount
7155
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1935
Floors in Building
1
Number of units
1
Roof type
Asphalt
Listing Agency:
WNY Metro Roberts Realty
(716) 559-9972
Listed By:
Maya Haddad · License #10301220957
(716) 800-7150
Added: Sep 22
Last Checked: Sep 22 at 11:06PM
MLS# B1716277
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,590-square-foot office property occupies 3 acres and was built in 1935. The building has been renovated and includes a basement, asphalt roofing, public water service, and natural gas forced-air heating. A two-car garage with drive-through doors adds functional support space for the office configuration.
Located at 4830 Transit Road in Depew, the property fronts a commercial corridor identified as NY Route 78. Kohl's Department Store is directly across the road, while Delta Sonic Car Wash is also nearby. The site combines an established office building with a substantial land area and direct access to Transit Road.
Located at 4830 Transit Road in Depew, the property fronts a commercial corridor identified as NY Route 78. Kohl's Department Store is directly across the road, while Delta Sonic Car Wash is also nearby. The site combines an established office building with a substantial land area and direct access to Transit Road.
Key Highlights
- 3 acres at 4830 Transit Road in Depew, NY
- Renovated 2590‑square‑foot office building
- Two‑car garage with drive‑through doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,455
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$649,100
$649.1K
Cap Rate 7%
$463,643
$463.6K
Cap Rate 9%
$360,611
$360.6K
Market Conditions
NOI Build-Up for 2,590 SF
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.
Gross rent
$52.8K $20.40/SF
− Vacancy
−$9.6K −$3.69/SF
EGI
$43.3K $16.71/SF
− OpEx
−$10.8K −$4.18/SF
NOI
$32.5K $12.53/SF
Area
Erie County, NY
Vacancy
18.10%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$649,100
Cap Rate 7%
$463,643
Cap Rate 9%
$360,611
Alternative Uses
Best Use
Office B
$463.6K
$405.7K – $540.9K
NOI $32,455 @ 7.0% cap · market cap 8.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$566.2K
$495.4K – $660.6K
NOI $39,633 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Explore this area
Business Placement
Demographics for 14043, NY
24,962
Population
11,743
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
2,743
Density / Sq Mi
$73,373
Median Household Income
$50,263
Median Earnings
$1,072
Median Rent
$192,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Office property with a two-car garage, drive-through doors, public water, and access along Transit Road.
Where is this office building located?
The property is located at 4830 Transit Road Depew, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 3 acres at 4830 Transit Road in Depew, NY; Renovated 2590‑square‑foot office building; Two‑car garage with drive‑through doors
