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    near 7060 Erie Rd Derby, NY 14047

    • Office buildings
    • 15,282 SF
    • 5.06 lot acres
    For Sale
    View listing
    $900,000
    Value Estimation
    Location Intelligence
    Property ID
    US63-3673634
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Western New York Urology Associates, LLC / Urology Clinic / Doctor
    • Dr. Phillip J. Seereiter Jr, MD / Urologist
    • Lakeshore Family Medicine Associates / Medical Clinic / Family Practice Physician
    • Cavalieri Morris M MD / Family Practice Physician
    • Dr. Henna M. Sheikh, MD / Family Practice Physician

    Property Details for near 7060 Erie Rd

    Year built
    2008
    Lot size
    5.06 lot acres
    Property size
    15,282 SF
    Property type
    Office buildings
    APN
    144489 206.00-3-39.112
    APU
    14448920600339112

    Description

    This exceptional 22-acre parcel in Derby, New York, presents a unique investment opportunity. Located at the intersection of Erie Road (Route 5) and Delamater Roads in the Town of Evans (Village of Derby), this property boasts significant frontage on both major thoroughfares: nearly 1,200 feet along Erie Road and almost 1,500 feet along Delamater Road. The zoning is strategically divided, with approximately half designated GB General Business along Erie Road, catering to commercial development, and the remaining portion zoned R-1 Single Family, offering flexibility for mixed-use projects. The property's prime location offers excellent visibility and accessibility, situated about half a mile south of a bustling Tops Supermarket Plaza, anchored by popular retailers such as Family Dollar, McDonald's, Dollar General, Ace Hardware, and Auto Zone. A significant advantage is the presence of an 8-inch sewer line running along the entire frontage of both Erie and Delamater Roads, simplifying infrastructure development. This substantial land area, combined with its strategic location and versatile zoning, makes it an attractive prospect for developers seeking a high-impact commercial venture in a thriving community. The asking price is $900,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Erie
    State
    New York
    Longitude
    -78.9965
    Latitude
    42.6946
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $197,100
    $1,011,600
    $1,208,700
    -
    $339,828
    $1,744,138
    $2,083,966

    Comparable in this City

    • Value Estimation by Request
      4,940 SF

      6970 Erie Rd

      OFFICE BUILDING • 4,940 SF
      6970 Erie Rd, Derby, NY 14047-9591
      View Details
    • Value Estimation
      $880,000
      4,340 SF

      7350 Erie Rd

      OFFICE BUILDING • 4,340 SF
      7350 Erie Rd, Derby, NY 14047-9998
      View Details
    • Value Estimation
      $200,000
      2,800 SF

      6878 Erie Rd

      OFFICE BUILDING • 2,800 SF
      6878 Erie Rd, Derby, NY 14047-9508
      View Details
    • Value Estimation
      $410,000
      5,000 SF

      6834 Erie Rd

      OFFICE BUILDING • 5,000 SF
      6834 Erie Rd, Derby, NY 14047-9674
      View Details
    • Value Estimation
      $375,000
      8,162 SF

      6722 Erie Rd

      MEDICAL CLINIC • 8,162 SF
      6722 Erie Rd, Derby, NY 14047-9670
      View Details
    • Value Estimation
      $1,020,000
      8,982 SF

      7020 Erie Rd

      MEDICAL CLINIC • 8,982 SF
      7020 Erie Rd, Derby, NY 14047-9306
      View Details

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    Similar Nearby for Lease

    • $1,000 /Mo
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      Retail Space in Derby, NY

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    • Contact for pricing
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      Inline Space in Tops Plaza

      NNN sublease in grocer-anchored shopping center, available 6/19/21.
      6932 Erie Rd, Derby, NY 14047
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      Commercial Building in Business District

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      View Details
    • Contact for pricing
      2,000 SF

      Grocer-Anchored Retail Space Available

      Inline retail space available in a grocer-anchored shopping center.
      6914-6940 Erie Rd, Derby, NY 14047
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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