Financial
Distress signals
Property profile

6140 Transit Rd Depew, NY 14043

FOR SALE
Office buildings
Property ID
US63-1458206
4,560 SF 3.58 ac lot Built 1969
Last sale Jun 2024 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a 2.76-acre site on Transit Road in the Village of Depew, located between Genesee Street and Walden Avenue. It includes a 5,520 sq. ft. office/retail building that was previously used for medical device sales. The site is positioned along a high-traffic corridor with an AADT of 22,646 (NYSDOT, 2024) and is approximately 1.7 miles from I-90/NYS Thruway at Exit 49 (Depew/Rt. 78). The property is zoned C-2 Shopping Center District (Village of Depew) and adjoins a recently developed O’Reilly Auto Parts location.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$490k
Assessed land$280k
Assessed improvement$210k

Value estimate

· Sep 2026
$650k
$585k – $715k
AI approach$650k
Sales comparison$560k
NOI build-up
Gross scheduled income$113k
Vacancy & credit loss−$20k
Operating expenses−$23k
NOI · 5.43% cap applied$69k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 307 recorded sales of this use type
Observed band · Q1–Q3$73 – $169
Qualifying comparables7

Cap rate analysis

How does the asset earn?
5.43%
$69k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
05C
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.1
Daycare Center12.1
Gym & Fitness11.3

Location

6140 Transit Rd Depew, NY 14043
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6300 Transit, Depew, NY 14043-1052 $1,500,000 Nov 2024 12,586 SF
4873 Broadway, Depew, NY 14043-3902 $270,000 Jun 2024 2,013 SF
6343 Transit, Depew, NY 14043-1030 $450,000 Jun 2022 3,792 SF
5813 Transit, Depew, NY 14043-2819 $324,000 Jun 2022 3,850 SF
2197 George Urban, Depew, NY 14043-1955 $300,000 Jan 2022 2,464 SF
571 Ter, Depew, NY 14043-3610 $342,500 Aug 2020 6,840 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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