6140 Transit Rd Depew, NY 14043
- Office buildings
- 4,560 SF
- 3.58 lot acres
Current Use by Public Records
- Buffalo Orthopedic Brace / Orthotics & Prosthetics Service
- American Home Medical / Mental Health Service
- Ken-Ton Medical / Surgical Center / Vascular Surgeon
Property Details for 6140 Transit Rd
- Year built
- 1969
- Lot size
- 3.58 lot acres
- Property size
- 4,560 SF
- Zone code
- 05C
- Property type
- Office buildings
- APN
- 143003 93.17-10-13
- APU
- 14300393171013
Description
This exceptional 5,520 square foot office building presents a lucrative investment opportunity. Situated on a 3.58-acre lot at 6140 Transit Road in Depew, NY, this property enjoys a highly desirable location boasting exceptional visibility and high traffic volume. Its strategic placement on Transit Road, between Genesee Street and Walden Avenue, ensures maximum exposure to potential clients and patients. The building is ideally suited for medical practices or other retail businesses seeking a prominent presence in a thriving commercial area. The substantial lot size offers ample parking and potential for future expansion or development. This prime location just south of Genesee Street provides easy access for patients and clients, enhancing the overall convenience and appeal of the property. The asking price of $1,799,999 reflects the exceptional value and potential return on investment this property offers. This is a rare opportunity to acquire a well-positioned, high-traffic commercial property in a rapidly growing area. Don't miss out on this chance to secure a valuable asset in a prime Depew location. Serious inquiries are encouraged. The property's size and location make it an ideal investment for those seeking a strong return in a high-demand market. The building's current configuration is well-suited for a variety of uses, offering flexibility for potential buyers. The ample parking ensures convenient access for both staff and clients. This is a turnkey opportunity to own a thriving business property in a highly sought-after area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $650,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $615,000
- 6.5%
- $695,000
- 7%
- $665,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $570,000
- Geo Method
- $625,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $615,000
- Retail
- $730,000
- Mixed-Use
- $665,000
- Hospitality
- $580,000
- Educational
- $720,000
- Residential Income
- $625,000
- Energy
- $645,000
- Income-Based Land
- $605,000
- Food Service
- $685,000
Location Insight
- Map
- Local Demand
- City
- Depew
- County
- Erie
- State
- New York
- Longitude
- -78.698
- Latitude
- 42.9229
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
