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    5287 Transit Rd Depew, NY 14043

    Sponsored
    For Lease
    $12 SF/Yr

    Depew, NY: Prime Retail Opportunity

    Lot size:
    20,304 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 5287 Transit Road in Depew, New York, offers a substantial 20,304 square feet of space in a single-tenant configuration. Situated on a 1.37-acre lot, the property boasts ample parking, ensuring convenient access for customers. The building is currently entirely vacant, presenting a unique opportunity for a business seeking a large, high-visibility location. The C-1 zoning allows for a wide range of commercial uses, providing flexibility for potential tenants. The property's address is 5287 Transit Road, Depew, NY 14043, within Erie County. Its convenient location offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The building's size and ample parking make it suitable for businesses requiring significant space and customer parking. This property represents a rare opportunity to secure a substantial retail space in a desirable location with high traffic volume. The entire 20,304 square feet is available for lease, providing a blank canvas for a new business or expansion opportunity. Interested parties should note the property's convenient location in Erie County, New York, and its ample parking provisions. The C-1 zoning classification offers versatility in potential uses. This is a prime opportunity for a business seeking a significant presence in a high-traffic area.

    Property Features for 5287 Transit Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,304 SF
    Total Rate
    20304

    Unit(s) available at that property

    Space
    Available Space
    Size
    20,304 SF
    Rate per SF
    $12

    HighLights

    • Highly visible, 20,304 SF retail building ready for tenant improvements.
    • Recently refurbished exterior with new parking lot on a 1.37‑acre lot.
    • Column‑free interior with 14' ceiling height (18' to roof deck).
    • Ample parking available on three sides of the building.
    • Excellent location in the Lancaster/Cheektowaga/Depew market area on Transit Road, near Broadway.
    • Situated in a densely populated area with high traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Depew
    County
    Erie
    State
    New York
    Longitude
    -78.6962928
    Latitude
    42.8991134

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    FAQs

    What type of property is this?
    Retail property - Depew, NY: Prime Retail Opportunity
    Where is this retail property located?
    The property is located at 5287 Transit Rd Depew, NY.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Highly visible, 20,304 SF retail building ready for tenant improvements.; Recently refurbished exterior with new parking lot on a 1.37-acre lot.; Column-free interior with 14' ceiling height (18' to roof deck).
    Request Owner's contact information
    5287 Transit Rd Depew, NY 14043
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    Depew, NY 14043
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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
    5287 Transit Rd Depew, NY 14043
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