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    5924 Transit Rd Lockport, NY 14094

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial/Residential Land, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 63.3-acre development site in Lockport, New York, presents a unique opportunity for significant commercial and residential projects. Located at 5924 S. Transit Road, this expansive parcel boasts a highly desirable location with excellent visibility and accessibility. The property is zoned for a variety of uses, including auto sales and service, retail establishments, office spaces, restaurants, and banking facilities, offering considerable flexibility for developers. The site's substantial size, coupled with its flat terrain, makes it ideal for large-scale developments. With over 521 feet of frontage on South Transit Road and a depth of approximately 2,885 feet, the property provides ample space for a wide range of construction plans. The owner is willing to subdivide the land, catering to various project scopes and investor needs. This prime location in Lockport, NY, zip code 14094, offers easy access to major transportation routes and a thriving community. The combination of size, zoning, and location makes this a truly exceptional investment opportunity. Detailed site plans and zoning information are available upon request. This is a rare chance to acquire a substantial tract of land with significant development potential in a highly sought-after area.

    Property Features for 5924 Transit Rd

    General Information

    Property type
    Land
    Lot Size
    2,757,348 SF

    HighLights

    • 63.3‑acre parcel available for development.
    • Commercial and residential zoning.
    • Prime location.
    • Significant frontage with flat topography.
    • 521' x 2,885' lot dimensions.
    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 Hair Salon Auto Repair Shop Clothing 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
    -78.702824
    Latitude
    43.136339

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land, High Visibility
    Where is this land located?
    The property is located at 5924 Transit Rd Lockport, NY.
    What are key features of this property?
    This property features: 63.3-acre parcel available for development.; Commercial and residential zoning.; Prime location.
    (716) 834-7777
    Request Owner's contact information
    5924 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
    5924 Transit Rd Lockport, NY 14094
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