Financial
Distress signals
Property profile

6348 Transit Rd Cheektowaga, NY 14225

FOR LEASE
Investment properties
Property ID
US63-3028859
21,312 SF 0.89 ac lot Built 1961
Last sale Jul 2023 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,500-square-foot office/retail space is situated in a bustling Depew, NY plaza on heavily trafficked Transit Road (Route 78), a primary north-south artery connecting numerous Western New York suburbs. The single-story, 1955-built building sits on a 0.69-acre lot and offers a fantastic opportunity for businesses seeking high visibility and accessibility. The entire space is currently vacant, providing a blank canvas for customization. The property boasts a strong tenant mix

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$810k
Assessed land$145k
Assessed improvement$665k

Value estimate

· Sep 2026
$2.45M
$2.20M – $2.69M
AI approach$2.37M
Sales comparison$1.18M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$84/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$55 – $115
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency28.7
Restaurant15.5
HVAC Service11.5

Location

6348 Transit Rd Cheektowaga, NY 14225
County assessor Recorded deeds · 2 transfers 5 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2320 George Urban, Depew, NY 14043 $700,000 Feb 2025 7,410 SF
2300 George Urban, Depew, NY 14043-1958 $700,000 Feb 2025 5,500 SF
5100 Transit, Depew, NY 14043-4465 $975,000 Oct 2024 5,700 SF
2251 George Urban, Depew, NY 14043-1961 $630,000 Aug 2024 5,405 SF
15 Main, Depew, NY 14043-3300 $175,000 Aug 2024 5,576 SF
16 Ellicott, Depew, NY 14043-3540 $307,500 Aug 2023 5,552 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
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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
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