Property profile

5445 TRANSIT RD Buffalo, NY 14221

OFF-MARKET
Neighborhood: Shopping Center, Strip Center, Enterprise Zone
Property ID
US63-1349693
23,334 SF 13.69 ac lot Built 1986
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Property summary

AI-generated overview

The property is a 23,334-square-foot retail strip center on a 13.69-acre parcel, located on Transit Road between Greiner/Maple and Roll Road, with nearby access to Sheridan Drive and the I-90 New York State Thruway. The site includes lighted paved parking with access via a traffic signal and is configured with lot dimensions of approximately 466 feet in width by 1,320 feet in depth, with approximately 800 feet of depth designated commercial. A 1.5-acre outparcel is included to the south, situated between Valu Home Center and Griffon’s Gastropub. Approximately 10 acres behind the plaza may allow for residential or commercial development, with an estimated 4 to 5 acres at the rear that may consist of wetlands. The center is occupied by multiple retail and service tenants, including performance training, quick-service and casual dining, nail and salon services, shoe repair, tailoring, and Indian grocery and restaurant concepts.

Property profile

Verified
Property type Neighborhood: Shopping Center, Strip Center, Enterprise Zone
Year built 1986
Total area 23,334 SF
Lot 13.69 ac (596,336 SF)
APN 143200 57.09-7-10.1
UPID US63-1349693

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
  • Restaurant
  • Restaurant
  • Gym & Fitness Center
  • Physician
  • (Bike/Boat/Book/etc) Store

Location

5445 TRANSIT RD Buffalo, NY 14221
Buffalo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

since 2024
Last sale
$5.5M
4 recorded transactions
2024
$5.5M
2020
Price N/A
2017
Price N/A
2016
Price N/A
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