5287 Transit Rd Depew, NY 14043
- Investment properties
- 20,140 SF
- 1.37 lot acres
Current Use by Public Records
- Investment properties
Property Details for 5287 Transit Rd
- Year built
- 1959
- Lot size
- 1.37 lot acres
- Property size
- 20,140 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 145201 104.17-2-4.1
- APU
- 14520110417241
Description
This exceptional retail property, located at 5287 Transit Road in Depew, New York, offers a substantial 20,304 square feet of space in a single-tenant configuration. Situated on a 1.37-acre lot, the property boasts ample parking, ensuring convenient access for customers. The building is currently entirely vacant, presenting a unique opportunity for a business seeking a large, high-visibility location. The C-1 zoning allows for a wide range of commercial uses, providing flexibility for potential tenants. The property's address is 5287 Transit Road, Depew, NY 14043, within Erie County. Its convenient location offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The building's size and ample parking make it suitable for businesses requiring significant space and customer parking. This property represents a rare opportunity to secure a substantial retail space in a desirable location with high traffic volume. The entire 20,304 square feet is available for lease, providing a blank canvas for a new business or expansion opportunity. Interested parties should note the property's convenient location in Erie County, New York, and its ample parking provisions. The C-1 zoning classification offers versatility in potential uses. This is a prime opportunity for a business seeking a significant presence in a high-traffic area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $425,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $485,000
- 6.5%
- $485,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $510,000
- Geo Method
- $520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $465,000
- Retail
- $445,000
- Mixed-Use
- $545,000
- Hospitality
- $580,000
- Educational
- $465,000
- Residential Income
- $530,000
- Energy
- $535,000
- Income-Based Land
- $440,000
- Food Service
- $430,000
Location Insight
- Map
- Local Demand
- City
- Depew
- County
- Erie
- State
- New York
- Longitude
- -78.6964
- Latitude
- 42.8993
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
