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Property profile & analytics
FOR LEASE
Banks
4455 Transit Rd Buffalo, NY 14221
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-2744111
For Lease
1 / 3
$675,000
4455 Transit Rd, Buffalo, NY 14221
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1973
Total area
23,500 SF
Lot
2.1 ac (91,476 SF)
APN
143200 70.03-1-19
UPID
US63-2744111
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Thomas F Keefe Law Office Law Firm
-
Family First Insurance Group Insurance Agency
-
Tesla Supercharger Electric Vehicle Charging Station
-
Ek Ward & Associates Business Service Center Employment Agency
-
KeyBank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$675k
Owner & transaction history
Benchmark Main Transit Associa · 8 yrs held
Benchmark Main Transit Associa
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Buffalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buffalo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$29 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$1,200,000
Assessed 2023
Previous assessed
$1,200,000
+0.0% YoY
Assessed land
$455,000
Assessed improvement
$745,000
Land market value
$568,750
Improvement market value
$931,250
Total market value
$1,500,000
Applied tax rate
143,201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1973
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
23,500 SF
Lot
2.1 ac (91,476 SF)
APN
143200 70.03-1-19
UPID
US63-2744111
Jurisdiction
ERIE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Cooling
Yes
Stories
3
Buildings
1
Lot
2.1 ac
Current owner
From public records · entity-resolved
Benchmark Main Transit Associa
Individual
Free & Clear · 8 yrs held
Mailing address
4053 MAPLE RD, AMHERST, NY 14226-1058
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2019
—
Benchmark-clarence Assocs LLC
—
Loan Modification
related
$20,500,000 · Miscellaneous Ins Co
Sep 11, 2017
—
Benchmark Main Transit Associa
Town Of Clarence
Quit Claim Deed
related
—
Nov 22, 2005
—
Bed Bath & Beyond INC
Benchmark Main Transit Assocs
Grant Deed
related
—
Sep 12, 2005
—
Town Of Clarence Erie Cnty Indl
Benchmark Main Transit Assocs
Grant Deed
$21,300,000 · Lasalle National Bank
—
—
Senior Care Presyterian
—
Deed Of Trust
related
$2,925,000 · First Niagara Funding INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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