3106 Walden Ave Depew, NY 14043
- Automotive properties
- 2,481 SF
- 0.38 lot acres
Current Use by Public Records
- AAMCO Transmissions & Total Car Care / Transmission Shop / Auto Repair Shop
- 3106 Walden Ave, Depew, NY 14043, United States / Auto Repair Shop
Property Details for 3106 Walden Ave
- Year built
- 1956
- Lot size
- 0.38 lot acres
- Property size
- 2,481 SF
- Zone code
- 05C
- Property type
- Automotive properties
- APN
- 143003 103.12-15-19.1
- APU
- 1430031031215191
Description
This vacant, 2,481-square-foot auto shop building presents a compelling investment or lease opportunity in Depew, New York. Situated on a 0.38-acre lot at 3106 Walden Avenue, this single-story, Class B building boasts a prime location on a high-traffic road with over 21,000 vehicles passing daily. Built in 1968 and renovated in 2022, the property features four bays, including two high-lift bays suitable for larger vehicles, and three lifts plus one drive-on lift. The building is zoned Business 05C and offers ten paved parking spaces. Its strategic location, just 11 miles from downtown Buffalo, places it within a thriving commercial district, benefiting from proximity to major highways and numerous retail establishments including Walden Galleria, Walmart, Wegmans, Sam's Club, Walgreens, Marshalls, Chick-fil-A, and Target. The strong demographics of the area, with over 178,000 people within a five-mile radius, further enhance its investment potential. The property is currently vacant, with an occupancy date of November 11, 2024. This presents a unique chance to acquire a well-maintained, strategically located commercial property in a high-demand market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $410,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $525,000
- 6.5%
- $520,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $510,000
- Geo Method
- $535,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $475,000
- Retail
- $410,000
- Mixed-Use
- $505,000
- Hospitality
- $515,000
- Educational
- $465,000
- Residential Income
- $390,000
- Energy
- $485,000
- Income-Based Land
- $410,000
- Food Service
- $520,000
Location Insight
- Map
- Local Demand
- City
- Depew
- County
- Erie
- State
- New York
- Longitude
- -78.7115
- Latitude
- 42.9099
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
