Property profile

4801 Broadway Depew, NY 14043

OFF-MARKET
Commercial land
Property ID
US63-5509685
1.36 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a vacant commercial corner lot that formerly served as a Mobil gas station and convenience store. The site was built in 1972 and has been recently demolished. The lot is approximately 1.3 acres with approximate dimensions of 270 feet by 250 feet and an irregular shape. It is located at the southwest corner of Broadway and Transit Road at a signalized intersection, providing visibility from the intersection and convenient access to major regional routes, including New York State Thruway I-90, Downtown Buffalo, and the Southtowns and Northtowns. The area is characterized by nearby national retail and restaurant uses. The Buffalo-Niagara International Airport is located a few miles to the north. The site is associated with an estimated traffic count of approximately 43,000 vehicles per day. The surrounding area includes Depew (ZIP 14043) public schools, including Depew High School, Depew Middle School, and Cayuga Heights Elementary School.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.36 ac (59,242 SF)
APN 143003 104.17-1-64
UPID US63-5509685

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
  • Car Wash

Location

4801 Broadway Depew, NY 14043-3823
Depew metro Census 9800 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.96M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.68M

Owner & transaction history

since 2023
Last sale
$4.5M
2 recorded transactions
2023
$4.5M
2022
$1.3M

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
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