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    6495 Transit Rd Lockport, NY 14094

    Sponsored
    For Sale
    Contact for pricing

    Prime Niagara County development land. High traffic, excellent visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 47.1-acre parcel located at 6495 South Transit Road in Lockport, Niagara County, New York (zip code 14094) presents a remarkable opportunity for developers. The property is ideally situated for a variety of uses, including retail, office, or residential development. Its high and dry location ensures ease of construction. The land is highly visible and easily accessible, boasting a 28,600 daily traffic count and a traffic signal at the corner intersection, maximizing exposure and convenient access for potential tenants or residents. The seller is open to reasonable offers and is willing to divide the land into smaller parcels of at least two acres, offering flexibility for various development scales. This prime location in a thriving area provides exceptional development potential. The property's key features include high visibility, excellent accessibility, a convenient traffic signal, high traffic counts, and the possibility of parcel division. This makes it an attractive investment for those seeking a strategic location with significant development potential. Consider this opportunity to capitalize on this highly desirable and versatile land parcel.

    Property Features for 6495 Transit Rd

    General Information

    Property type
    Land
    Lot Size
    2,051,676 SF

    HighLights

    • High visibility and excellent accessibility.
    • Level, buildable lot.
    • Signalized intersection access.
    • High traffic volume.
    • Prime development site.
    • Offers considered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Grocery Store Daycare Center Bar & Pub Building Supply Wholesale Shop Kitchen & Bath HVAC Service Electronics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Niagara
    State
    New York
    Longitude
    -78.6968831
    Latitude
    43.1135514

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    FAQs

    What type of property is this?
    Land - Prime Niagara County development land. High traffic, excellent visibility.
    Where is this land located?
    The property is located at 6495 Transit Rd Lockport, NY.
    What are key features of this property?
    This property features: High visibility and excellent accessibility.; Level, buildable lot.; Signalized intersection access.
    (716) 834-7777
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    6495 Transit Rd Lockport, NY 14094
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    Lockport, NY 14094
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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
    6495 Transit Rd Lockport, NY 14094
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