Property profile

2831 Transit Rd Elma, NY 14059

OFF-MARKET
Auto shops
Property ID
US63-1656840
4,284 SF 1.3 ac lot Built 2003
Individually Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Located on Transit Road in Western New York, this commercial property sits on a 1.3-acre site and includes a 4,284-square-foot automotive repair facility with six drive-in bay doors (including one 14-foot door). The shop configuration provides six service bays with four vehicle lifts and specialized equipment including a pipe bender, tire machine, tire balancer, and brake lathe (equipment included in the facility and stated as negotiable). The site offers substantial yard area and includes a deep lot with vacant land behind the existing building, supporting potential expansion, redevelopment, or additional structures. The property is connected to municipal sewer and is heated with overhead radiant gas heaters; the office has central air conditioning. Zoning permits a broad range of commercial uses, including automotive services, vehicle sales, contractor operations, storage units, flex/industrial uses, and retail-oriented uses, with potential for automotive repair/service, vehicle sales, fleet operations, contractor yard or service headquarters, flex industrial/warehouse, outdoor industrial storage, and self-storage/mini-storage development, as well as redevelopment or assemblage. A rear structure formerly operated as a motel and has been boarded up for many years.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2003
Total area 4,284 SF
Lot 1.3 ac (56,628 SF)
Zoning code COMM
APN 144200 136.03-1-24
UPID US63-1656840

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop
  • Car Dealership

Location

2831 Transit Rd Elma, NY 14059-9634
Elma metro Census 14102 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2026
2 recorded transactions
2026
Price N/A
2024
Price N/A

Zoning & alternative use

COMM · Elma, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2831 Transit Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message