Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3106 Walden Ave Depew, NY 14043

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Depew location, 2481 sq ft auto shop.

    Property size:
    2,481 SF

    Property Features for 3106 Walden Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    2,481 SF
    Class
    B
    Lot Size
    16,553 SF

    Building Details

    Year Built/Renovated
    1968/2022
    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    Rick Recckio
    Rick Recckio

    Listing Agent: Rick Recckio

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This vacant, 2,481-square-foot auto shop building presents a compelling investment or lease opportunity in Depew, New York. Situated on a 0.38-acre lot at 3106 Walden Avenue, this single-story, Class B building boasts a prime location on a high-traffic road with over 21,000 vehicles passing daily. Built in 1968 and renovated in 2022, the property features four bays, including two high-lift bays suitable for larger vehicles, and three lifts plus one drive-on lift. The building is zoned Business 05C and offers ten paved parking spaces. Its strategic location, just 11 miles from downtown Buffalo, places it within a thriving commercial district, benefiting from proximity to major highways and numerous retail establishments including Walden Galleria, Walmart, Wegmans, Sam's Club, Walgreens, Marshalls, Chick-fil-A, and Target. The strong demographics of the area, with over 178,000 people within a five-mile radius, further enhance its investment potential. The property is currently vacant, with an occupancy date of November 11, 2024. This presents a unique chance to acquire a well-maintained, strategically located commercial property in a high-demand market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AAMCO Transmissions & Total ... Auto Repair Shop 3106 Walden Ave, ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Depew
    County
    Erie
    State
    New York
    Longitude
    -78.711784140744
    Latitude
    42.910063052562

    Nearby Similar for Sale

    • $749,900
      2,877 SF

      Corner Commercial Property with Showroom

      Corner property with showroom, office, apartment, and garage.
      4734 Transit Rd, Depew, NY 14043
      View Details
    • $315,000
      Pending

      Updated Duplex Near Transit Road

      Well-maintained 2-unit property with updated apartments and convenient location.
      66 S Bellevue Ave, Depew, NY 14043
      View Details
    • $299,900
      Pending

      Renovated Two-Family Home with Garage

      Fully renovated two-family home on a spacious double lot.
      5963 Transit Rd, Depew, NY 14043
      View Details
    • $425,000
      6,400 SF

      Depew Office Building For Sale

      6,400 SF office building with lease options.
      345 Dick Rd, Depew, NY 14043
      View Details
    • $499,900
      1,650 SF

      Retail Property on High Traffic Corner

      Retail property with a net lease and rental increases.
      3263 Walden Ave, Depew, NY 14043
      View Details
    • $550,000
      4,083 SF

      Pristine Office Building For Sale

      Move-in ready office building with convenient location and ample parking.
      430 Dick Rd, Depew, NY 14043
      View Details
    • $334,900
      3,850 SF

      Two-Story Office Building For Sale

      Two-story office building with income potential and on-site parking.
      5813 Transit Rd, Depew, NY 14043
      View Details
    • $549,000

      Operating Car Wash on Transit

      Self-serve car wash with vacuum stalls on Transit Road.
      6283 Transit Rd, Depew, NY 14043
      View Details
    • $300,000
      2,567 SF

      Versatile Commercial Building with Expansion Potential

      Adaptable commercial space with expansion options in prime retail area.
      2197 George Urban Blvd, Depew, NY 14043
      View Details
    • $299,900
      2,940 SF

      Renovated Building on Broadway Corner

      Renovated building ideal for offices or retail with parking.
      5011 Broadway, Depew, NY 14043
      View Details
    • $279,900
      1,680 SF

      High-Visibility Office Building on George Urban

      Well-maintained 1,680 Sq Ft office building on George Urban Blvd.
      2478 George Urban Blvd, Depew, NY 14043
      View Details
    • $1,400,000
      4,400 SF

      Profitable Auto Repair Facility ForSale

      Turn-key auto repair facility with NYS licenses, great location.
      2255 George Urban Blvd, Depew, NY 14043
      View Details

    FAQs

    What type of property is this?
    Automotive property - Prime Depew location, 2481 sq ft auto shop.
    Where is this automotive property located?
    The property is located at 3106 Walden Ave Depew, NY.
    What are key features of this property?
    This property features: Strong demographics with over 178,000 people within a five-mile radius.; High traffic counts of 21,579 vehicles per day (VPD).; Excellent location, just 11 miles from Downtown Buffalo.
    (716) 834-7777 Call to check price and availability
    Request Owner's contact information
    3106 Walden Ave Depew, NY 14043
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3106 Walden Ave
    Depew, NY 14043
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3106 Walden Ave Depew, NY 14043
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Rick Recckio
    Rick Recckio
    Real Estate License ID: 31RE0821429
    (716) 834-7777 (716) 998-4422
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!