4535 Broadway Depew, NY 14043
- Gas stations
- 4,585 SF
- 1.15 lot acres
Current Use by Public Records
- Cardtronics ATM / Atm
- EZ Mart / Car Wash
- Car Wash / Car Wash
- One Stop Car Wash / Car Wash / Gas Station
Property Details for 4535 Broadway
- Year built
- 1995
- Lot size
- 1.15 lot acres
- Property size
- 4,585 SF
- Zone code
- 05C
- Property type
- Gas stations
- APN
- 143003 103.20-1-11.21
- APU
- 1430031032011121
Description
This exceptional commercial property at 4535 Broadway in Depew, NY, presents a lucrative investment opportunity. The 4,585 square foot building sits on a 1.15-acre lot and is currently comprised of a thriving gas station and a highly profitable car wash. These established businesses generate consistent revenue streams, providing a solid foundation for a strong return on investment. Adding to the property's potential is a previously successful ice cream shop, currently closed, offering a unique chance to revitalize a beloved local amenity or adapt the space to another complementary use. The existing infrastructure and ample space within the building allow for significant expansion possibilities. A prepared food service addition, such as a deli or cafГ©, is readily feasible and would further enhance the property's income potential. The high-traffic location ensures consistent customer flow, maximizing the profitability of all existing and potential future ventures. This turnkey operation is ideally suited for an investor seeking a multi-faceted income-generating asset or an owner-operator looking to expand their existing business portfolio. The asking price for this exceptional property is $3,200,000. This is a rare opportunity to acquire a well-established and highly profitable commercial property with significant upside potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,540,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,965,000
- 6.5%
- $3,325,000
- 7%
- $3,305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,755,000
- Geo Method
- $3,220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,885,000
- Retail
- $3,310,000
- Mixed-Use
- $3,410,000
- Hospitality
- $2,845,000
- Educational
- $3,240,000
- Residential Income
- $3,430,000
- Energy
- $3,515,000
- Income-Based Land
- $3,390,000
- Food Service
- $2,950,000
Location Insight
- Map
- Local Demand
- City
- Depew
- County
- Erie
- State
- New York
- Longitude
- -78.7072
- Latitude
- 42.9009
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA