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    OFF-MARKET
    Land

    0 Transit Rd, Depew, NY 14086

    10.41 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 10.41 ac (453,460 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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