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Property profile & analytics
OFF-MARKET Estimated value $525,000
Turn key restaurants

4781 Transit Rd Depew, NY 14043-4772

8,914 SF 1.67 ac lot Built 1991
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US63-2906606
Property summary
AI-generated overview

This exceptional Class A commercial property, newly constructed in 2023, offers a unique opportunity in Lancaster, New York's thriving Transit-Losson Retail Corridor. Located on Transit Road (Route 78), this three-story, 27,000 square foot building boasts a prime location with high visibility and excellent traffic counts. The building features a mix of commercial and residential space, including 20 apartments. The available commercial space totals 13,000 square feet on the first floor, divisible into units as small as 1,500 square feet, offering flexibility for various business needs. The building's modern design and amenities cater to a variety of tenants, making it ideal for medical offices (such as a pediatrician or primary care practice), executive offices, or traditional office spaces. This property is situated in one of Western New York's fastest-growing areas, presenting a strong investment opportunity with excellent growth potential. The building's multiple tenancy structure allows for a diverse range of businesses to thrive within the same complex. This is a rare opportunity to secure space in a brand-new, high-quality building in a prime location. The property is categorized as Retail, Office, and Special Purpose, offering versatility and adaptability for various business models. The building's strategic location ensures high visibility and accessibility for clients and employees alike.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1991
Total area 8,914 SF
Lot 1.67 ac (72,745 SF)
Zoning code COMM
APN 145289 126.01-1-8.2
UPID US63-2906606
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
  • Ally Commercial Capital Financial Advisor
  • WNYREI Real Estate Agency
  • Forestview Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$477k
Blend (final) Blend
$525k
Owner & transaction history
4781 Transit Road INC · 1 yrs held
4781 Transit Road INC
since 2024
2 recorded transactions
2024
Price N/A
1969
Price N/A
Zoning & alternative use
COMM · Depew, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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