Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Multi-Tenanted Building on Transit Road Title is generated by Realmo AI

    5800 Transit Road, Depew, NY 14043

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $750,000

    Multi-tenanted building with office, warehouse, and apartment units for sale.

    Type:Office
    Property size:
    13,724 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $54/SF
    Added:
    Jan 27, 2026
    Days on Market:
    109
    Last Refresh:
    Apr 5 at 9:00 pm

    Property Features for 5800 Transit Road

    General Information

    Standard status
    Active
    Size
    13,724 SF
    Lot size
    0.43 Acres
    Property subtype
    Office

    Building Details

    Year Built
    1920

    We can help!

    Listing Contact
    Leah Curione

    Listing agent Leah Curione

    Listing office

    Listing date Jan 27, 2026

    Source Huntcommercial

    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 Leah Curione

    HighLights

    • Fully leased multi‑tenanted building (office/warehouse/apartments) provides immediate income.
    • Below market rents offer significant potential for increased revenue.
    • High‑traffic location on Transit Road (AADT 26,596) ensures visibility.
    • Diverse tenant mix (office, industrial, residential) reduces risk.
    • Includes two leased apartments (2‑bedroom and 3‑bedroom) for additional income.
    • Office/warehouse lease expiring in May 2025 allows for future adjustments.

    Overview

    This multi-tenanted building offers approximately 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 a fully leased office/warehouse component, with the current lease expiring in May 2025. The apartment section features two units: one 2-bedroom apartment and one 3-bedroom apartment, both currently leased. Situated on a 0.43-acre lot along Transit Road, the location benefits from a high traffic volume, with an Average Annual Daily Traffic (AADT) count of 26,596 in 2019. The property includes one grade door measuring 10x11. The property is located near a shopping district. This property presents an investment opportunity with below-market rents.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Progressive Direct Marketing Advertising Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Depew
    County
    Erie
    State
    New York
    Longitude
    -78.6973
    Latitude
    42.9135

    Nearby Similar for Sale

    • $389,900
      2,800 SF

      Well-Maintained Multi-Family Property

      Impeccably maintained multi-family property with tenant-occupied upper unit.
      99 S Prince Drive, Depew, NY 14043
      View Details
    • $324,900
      1,937 SF

      Spacious Home with In-Law Suite

      Versatile 5-bedroom home with in-law suite and saltwater pool.
      500 Rowley Road, Depew, NY 14043
      View Details
    • $299,900
      1,868 SF

      Updated Depew Duplex with Porch

      Well-maintained Depew duplex, updated, move-in ready, near amenities.
      262 River Street, Depew, NY 14043
      View Details
    • $169,900
      1,456 SF

      Depew Two-Unit Multifamily Property

      Two-unit property in Depew, NY with new roof.
      233 Olmstead Avenue, Depew, NY 14043
      View Details
    • $300,000
      2,567 SF

      Versatile Commercial Building with Expansion Potential

      Adaptable commercial space with expansion options in prime retail area.
      2197 George Urban Blvd., Depew, NY 14043
      View Details
    • Contact for pricing
      9,375 SF

      Industrial Buildings and Modern Office

      Two industrial buildings with a modern office and backup generator.
      5636 Transit Road, Depew, NY 14043
      View Details
    • $334,900
      3,850 SF

      Two-Story Office Building For Sale

      Two-story office building with income potential and on-site parking.
      5813 Transit, Depew, NY 14043
      View Details
    • $550,000
      4,083 SF

      Pristine Office Building For Sale

      Move-in ready office building with convenient location and ample parking.
      430 Dick Road, Depew, NY 14043
      View Details
    • $549,000

      Operating Car Wash on Transit

      Self-serve car wash with vacuum stalls on Transit Road.
      6283 Transit Rd, Depew, NY 14043
      View Details
    • $468,000

      Depew Auto Shop For Sale

      2,481 SF former AAMCO building in a high-traffic location.
      3106 Walden Ave, Depew, NY 14043
      View Details
    • $1,890,000

      Transit Road Commercial Property For Sale

      Commercial property on Transit Road with high traffic and visibility.
      5460 Transit Road, Depew, NY 14043
      View Details
    • $2,400,000
      8,070 SF

      Transit Road Office Building For Sale

      Single-story office building on Transit Road with development potential.
      5090 Transit Road, Depew, NY 14043
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Multi-tenanted building with office, warehouse, and apartment units for sale.
    Where is this mixed-use property located?
    The property is located at 5800 Transit Road 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: Fully leased multi‑tenanted building (office/warehouse/apartments) provides immediate income.; Below market rents offer significant potential for increased revenue.; High‑traffic location on Transit Road (AADT 26,596) ensures visibility.
    (716) 880-1909
    We can help!
    Listing Contact
    Leah Curione
    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

    Thank You for Inquiry
    5800 Transit Road, Depew, NY 14043
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!