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    Property profile & analytics

    241 Transit St Lockport, NY 14094-4883

    • Investment properties
    • 2,144 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US63-1688401
    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

    • Sandy's Barber Stylist For Men / Barber Shop
    • JP Madison Hair Technology / Hair Salon

    Property Details for 241 Transit St

    Year built
    1900
    Lot size
    0.16 lot acres
    Property size
    2,144 SF
    Zone code
    R2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    290900 123.05-1-25
    APU
    29090012305125

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $290,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $235,000
      Mixed-Use
      $280,000
      Hospitality
      $300,000
      Educational
      $225,000
      Residential Income
      $260,000
      Energy
      $250,000
      Income-Based Land
      $235,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Niagara
    State
    New York
    Longitude
    -78.6972
    Latitude
    43.161
    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
    0
    $0.00
    $18,500
    $111,500
    $130,000
    -
    $18,500
    $111,500
    $130,000

    Comparable in this City

    • Value Estimation by Request
      3,369 SF

      67 Waterman St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,369 SF
      67 Waterman St, Lockport, NY 14094-4980
      View Details
    • Value Estimation by Request
      20,147 SF

      6933 Transit Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 20,147 SF
      6933 Transit Rd, Lockport, NY 14094-6330
      View Details
    • Value Estimation by Request
      3,112 SF

      167 Van Buren St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,112 SF
      167 Van Buren St, Lockport, NY 14094-1512
      View Details
    • Value Estimation by Request
      4,020 SF

      135 Ontario St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,020 SF
      135 Ontario St, Lockport, NY 14094-2760
      View Details
    • Value Estimation by Request
      3,516 SF

      89 Pne St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,516 SF
      89 Pne St, Lockport, NY 14094-4454
      View Details
    • Value Estimation by Request
      3,264 SF

      168 Corinthia St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,264 SF
      168 Corinthia St, Lockport, NY 14094-2010
      View Details

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      32,740 SF

      Lockport Retail/Warehouse Space Available

      Retail and warehouse spaces for lease in busy Lockport plaza.
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      Lockport Office Space Available

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    Property Visit Statistics

    • Visits by month
      1.9k
    • Visitors by month
      1.2k
    • Avg Time on site
      22 min
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    241 Transit St
    Lockport, NY 14094-4883
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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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