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    Property profile & analytics

    Vl Transit Rd Elma, NY 14059

    • Office buildings
    • 8,386 SF
    • 2.80 lot acres
    For Sale
    View listing
    $424,997
    Value Estimation
    Last Sale
    Sep 19, 2024
    $950,000
    Location Intelligence
    Property ID
    US63-2912960
    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

    • Depan Harmony R / Medical Clinic / Physician Assistant
    • Dr. Dawn Gais / Internist
    • Paws Avenue NY / Pet Boarding Service / Dog Day Care Center

    Property Details for Vl Transit Rd

    Year built
    1995
    Lot size
    2.80 lot acres
    Property size
    8,386 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Office buildings
    APN
    144200 136.03-1-21.21
    APU
    1442001360312121

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $950,000

    • CAP approach

      CAP return
      Estimation
      6%
      $970,000
      6.5%
      $965,000
      7%
      $910,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $895,000
      Geo Method
      $850,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,195,000
      Retail
      $1,180,000
      Mixed-Use
      $1,015,000
      Hospitality
      $1,075,000
      Educational
      $905,000
      Residential Income
      $1,030,000
      Energy
      $1,150,000
      Income-Based Land
      $1,130,000
      Food Service
      $875,000

    Location Insight

    • Map
    • Local Demand
    City
    Elma
    County
    Erie
    State
    New York
    Longitude
    -78.6957
    Latitude
    42.8424
    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
    $6,700
    $28,700
    $35,400
    -
    $239,286
    $1,025,000
    $1,264,286

    Comparable in this City

    • Value Estimation by Request
      2,336 SF

      7615 Seneca St

      OFFICE BUILDING • 2,336 SF
      7615 Seneca St, Elma, NY 14059
      View Details
    • Value Estimation by Request
      2,620 SF

      6900 Seneca St

      PROFESSIONAL BUILDING • 2,620 SF
      6900 Seneca St, Elma, NY 14059-9522
      View Details
    • Value Estimation by Request
      21,915 SF

      7060 Seneca St

      OFFICE BUILDING • 21,915 SF
      7060 Seneca St, Elma, NY 14059
      View Details
    • Value Estimation by Request
      5,800 SF

      5780 Seneca St

      OFFICE BUILDING • 5,800 SF
      5780 Seneca St, Elma, NY 14059-9008
      View Details
    • Value Estimation
      $320,000
      10,577 SF

      1600 Bowen Rd

      OFFICE BUILDING • 10,577 SF
      1600 Bowen Rd, Elma, NY 14059-9550
      View Details
    • Value Estimation by Request
      11,860 SF

      2711 Transit Rd

      OFFICE BUILDING • 11,860 SF
      2711 Transit Rd, Elma, NY 14059-9041
      View Details

    Similar Nearby for Sale

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      Firehouse Square Multi-Use Facility

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    • Contact for pricing
      1 SF

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      2.81 Acres

      Elma, NY Commercial Land

      2.8 acre commercial lot on Transit Road, Elma, NY
      Vl Transit Rd, Elma, NY 14059
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      Elma Estate Lot For Sale

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    Similar Nearby for Lease

    • $9 SF/Yr

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      Professional Office Space Available

      Turnkey office spaces available for rent with build-to-suit options.
      2701 Transit Rd, Elma, NY 14059
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    • $3,500 /Mo

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      Newly updated office space in Elma, turn-key ready.
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      Office suite for lease featuring updated mechanics and cosmetics.
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    • $2,500 /Mo
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      Elma Office Suites For Lease

      Exceptional office suites available for lease in Elma, New York.
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    • $1,200 /Mo
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      Elma, NY Commercial Space

      Office suite for lease in Elma, NY with updated features.
      2901-2 Bowen Rd, Elma, NY 14059
      View Details
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    Vl Transit Rd
    Elma, NY 14059
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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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