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    Transit Rd Depew, NY 14086

    Sponsored
    For Sale
    $1,600,000

    High-visibility Transit Rd commercial land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10.41-acre commercial development site in Lancaster, NY, presents a prime opportunity for investors and developers. Located on high-traffic Transit Road, the property boasts significant frontage (320' to 800'+), ensuring maximum visibility and accessibility. Its strategic location offers unparalleled convenience, situated just 5 minutes from Buffalo Niagara International Airport and less than 5 minutes from I-90, providing easy access to major transportation routes. A mere 25-minute drive connects the site to Canada, further enhancing its appeal. The surrounding area is rich with amenities, including hotels, restaurants, retail establishments, and office parks, creating a vibrant and thriving commercial environment. The property is zoned for General Commercial use with an Access Management Overlay District, offering flexibility for a wide range of development projects. The asking price is $1,600,000. This exceptional location and zoning make this a truly unique investment opportunity with significant potential for growth and return. The property's high visibility and convenient access to major transportation networks make it an ideal location for a variety of commercial developments. Don't miss this chance to acquire a premier development site in a rapidly growing area. The property is situated in Erie County, NY, with a zip code of 14086.

    Property Features for 0 Transit Rd

    General Information

    Property type
    Land
    Lot Size
    453,460 SF

    HighLights

    • 10.41‑acre commercial development site in Lancaster, NY, for sale at $1,600,000.
    • High‑visibility location on Transit Road with 320' to 800'+ of frontage.
    • Five minutes from Buffalo Niagara International Airport and I‑90; 25 minutes from Canada.
    • Surrounded by hotels, restaurants, retail, and office parks.
    • Zoned General Commercial with Access Management Overlay District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Depew
    County
    Erie
    State
    New York
    Longitude
    -78.696896409302
    Latitude
    42.943550191435

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    FAQs

    What type of property is this?
    Land - High-visibility Transit Rd commercial land
    Where is this land located?
    The property is located at Transit Rd Depew, NY.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 10.41-acre commercial development site in Lancaster, NY, for sale at $1,600,000.; High-visibility location on Transit Road with 320' to 800'+ of frontage.; Five minutes from Buffalo Niagara International Airport and I-90; 25 minutes from Canada.
    Request Owner's contact information
    Transit Rd Depew, NY 14086
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    Depew, NY 14086
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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
    Transit Rd Depew, NY 14086
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