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Financial
Distress signals
Property profile

6766 Transit Rd Buffalo, NY 14221

FOR SALE
Turn key restaurants
Property ID
US63-0222700
11,461 SF 2.34 ac lot Built 1971
Last sale Apr 2025 · $1,803,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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6766 Transit Rd, Buffalo, NY 14221 For Sale
Contact for pricing 11,461 SF
6766 Transit Rd, Buffalo, NY 14221
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Property summary

AI-generated overview

This property consists of an approximately 11,500-square-foot building shell that was formerly used as a banquet facility. It is situated on 2.4 acres of land and is designed to be divided into two development parcels.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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 · 2019

What does the county charge?
$60k
Tax billed · 2019
Assessed value · 2023$1.42M
Assessed land$1.35M
Assessed improvement$70k
Effective rate4.21%

Value estimate

· Oct 2026
$1.62M
$1.45M – $1.78M
AI approach$1.64M
NOI build-up
Gross scheduled income$179k
Vacancy & credit loss−$19k
Operating expenses−$48k
NOI · 4.06% cap applied$112k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$124/SF
Submarket average, outlier-cleaned · 96 recorded sales of this use type
Observed band · Q1–Q3$53 – $216

Cap rate analysis

How does the asset earn?
4.06%
$112k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency11.9
Garden Center9.6
Convenience Store9.3

Location

6766 Transit Rd Buffalo, NY 14221
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5445 Transit, Buffalo, NY 14221-2778 $5,500,000 Jan 2024 23,334 SF
6814 Main, Williamsville, NY 14221-5963 $1,400,000 Oct 2023 9,566 SF
6812 Main, Williamsville, NY 14221-5930 $1,400,000 Oct 2023 6,888 SF
804 Wehrle, Buffalo, NY 14221-7727 $2,180,000 May 2021 9,190 SF
8530 Transit, Buffalo, NY 14221-2836 $4,990,000 Apr 2021 15,252 SF
7540 Transit, Buffalo, NY 14221-6018 $4,280,443 Nov 2019 6,982 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?”
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