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    5460 Transit Rd Depew, NY 14043

    Sponsored
    For Sale
    $1,890,000

    13,165 SF Vacant Retail Space in Depew, NY

    Property size:
    13,165 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 13,165 square foot retail property, located at 5460 Transit Road in Depew, New York, is available for $1,890,000 ($143.56/SF). Built in 1960, this vacant commercial space sits on a 0.64-acre corner lot, offering unparalleled visibility and accessibility. The property boasts a convenient traffic signal access point and ample parking, with a ratio of 4.32 spaces per 1,000 square feet. Fifty free surface parking spaces are available on all sides of the building. A prominent LED sign enhances visibility for potential businesses. The rear yard is fully fenced for added security. This versatile space presents a unique opportunity for various uses, including a used car lot and service business (with equipment included), warehouse, storage, or retail conversion. The property's prime location in Erie County, NY, zip code 14043 (latitude 42.9041788, longitude -78.6973821), ensures high traffic volume and excellent exposure. This is an ideal investment for entrepreneurs seeking a high-visibility location with significant potential.

    Property Features for 5460 Transit Rd

    General Information

    Property type
    Retail properties
    Square Feet
    13,165 SF
    Lot Size
    27,878 SF

    Building Details

    Year Built
    1960

    HighLights

    • Established Used Car Lot and Service Business for Sale.
    • Turnkey Operation: Includes all necessary equipment.
    • High‑traffic location with excellent accessibility.
    • Corner lot with traffic signal for optimal visibility.
    • Ample on‑site parking.
    • Versatile property suitable for warehouse, storage, or retail conversion.
    Property Profile Location Intelligence

    Current Use by Public Records

    ONE STOP SHOP ... Convenience Store Hot spot smoke ... Tobacco Shop Depew Town Hall Association / Organization Epic Pro Scooters Sporting Goods Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Depew
    County
    Erie
    State
    New York
    Longitude
    -78.6973821
    Latitude
    42.9041788

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    FAQs

    What type of property is this?
    Retail property - 13,165 SF Vacant Retail Space in Depew, NY
    Where is this retail property located?
    The property is located at 5460 Transit Rd Depew, NY.
    What is the asking price?
    The asking price for this property is $1,890,000.
    What are key features of this property?
    This property features: Established Used Car Lot and Service Business for Sale.; Turnkey Operation: Includes all necessary equipment.; High-traffic location with excellent accessibility.
    (716) 834-7777
    Request Owner's contact information
    5460 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
    5460 Transit Rd Depew, NY 14043
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