Transit Road Retail and
For Sale
$629,000
7767 Transit Road, East Amherst, NY 14051
Two ADA-compliant buildings offer 3,400 SF of showroom and shop space with strong Transit Road frontage.
Property Size3,400 SF
Price / SF$185
Days on Market161
Property Features for 7767 Transit Road
General Information
Standard status
Active
Size
3,400 SF
Property subtype
Retail
Building Details
Building Size
3,400 SF
Listing Agency:
Buffalo Office
Listed By:
Robert H. Cowing III
(716) 852-7500
Source:
Pyramidbrokerage
Added: May 8
Changed: Oct 7
Last Checked: Oct 14 at 7:37PM
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 Buffalo Office
Investment Insights
Based on property information with market context.
This offering includes two ADA-compliant, well-maintained buildings totaling 3,400 SF on 1.5 acres along Transit Road. The showroom/shop space was constructed in 2016, providing updated, purpose-built commercial improvements within a compact campus setting.
The property benefits from prime Transit Road frontage with reported 15,200 passing vehicles per day (AADT), supporting visibility for retail, office, and service-oriented operations. It is located in East Amherst/Clarence, New York.
The combination of ADA-compliant facilities and relatively recent showroom/shop construction makes the property a strong fit for professional office, contractor, retail, or medical users, depending on tenant requirements.
The property benefits from prime Transit Road frontage with reported 15,200 passing vehicles per day (AADT), supporting visibility for retail, office, and service-oriented operations. It is located in East Amherst/Clarence, New York.
The combination of ADA-compliant facilities and relatively recent showroom/shop construction makes the property a strong fit for professional office, contractor, retail, or medical users, depending on tenant requirements.
Key Highlights
- Two (2) ADA‑compliant buildings totaling 3,400 SF on 1.5 acres
- Showroom/shop space constructed in 2016
- Prime Transit Road frontage with 15,200 vehicles per day (AADT)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,119
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,380
$962.4K
Cap Rate 7%
$687,414
$687.4K
Cap Rate 9%
$534,656
$534.7K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$75.5K $22.20/SF
− Vacancy
−$11.3K −$3.33/SF
EGI
$64.2K $18.87/SF
− OpEx
−$16.0K −$4.72/SF
NOI
$48.1K $14.15/SF
Area
Amherst, NY
Vacancy
15.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,380
Cap Rate 7%
$687,414
Cap Rate 9%
$534,656
Alternative Uses
Best Use
Office B
$687.4K
$601.5K – $802.0K
NOI $48,119 @ 7.0% cap · market cap 7.65%
Second Best
Retail
$587.5K
$514.1K – $685.4K
NOI $41,126 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$876.2K
$766.7K – $1.02M
NOI $61,336 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 14051, NY
20,721
Population
8,424
Households
2.5
Avg Household Size
46
Median Age
64%
College-Educated
96%
High-School Grad
15.5 sq mi
ZIP Area
1,337
Density / Sq Mi
$126,895
Median Household Income
$67,874
Median Earnings
$1,840
Median Rent
$386,500
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?
Retail space - Two ADA-compliant buildings offer 3,400 SF of showroom and shop space with strong Transit Road frontage.
Where is this retail space located?
The property is located at 7767 Transit Road East Amherst, NY.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Two (2) ADA‑compliant buildings totaling 3,400 SF on 1.5 acres; Showroom/shop space constructed in 2016; Prime Transit Road frontage with 15,200 vehicles per day (AADT)
