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    5445 Transit Rd Williamsville, NY 14221
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    Property profile & analytics

    5445 Transit Rd Williamsville, NY 14221

    View on Map
    • Strip malls
    • 23,334 SF
    • 13.69 lot acres
    For Sale
    $5,500,000
    View Listing →
    Fully Leased Transit Road Plaza For Sale
    $5,500,000

    Fully Leased Transit Road Plaza

    23,334 SF strip center on 13.69 acres.

    5445 Transit Road, Williamsville, NY 14221
    View Listing
    Property ID
    US63-1349693
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    4.9%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Just Pizza & Wing Co. / Restaurant
    • Hyderabad Biryani House - Indian Food | Indian Restaurant Buffalo / Restaurant
    • Fred Duncan Performance Training / Gym & Fitness Center
    • Dr. Ismet Hallac, MD / Physician
    • Levent Tailor Shop / (Bike/Boat/Book/etc) Store

    Property Details for 5445 Transit Rd

    Year built
    1986
    Lot size
    13.69 lot acres
    Property size
    23,334 SF
    Zone code
    C
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    143200 57.09-7-10.1
    APU
    14320057097101

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,500,000
      ML approach
      $5,500,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,460,000
      6.5%
      $4,115,000
      7%
      $3,820,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,735,000
      Market price range: $975k - $5.50M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,570,000
      RETAIL STORES
      $3,350,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.6943
    Latitude
    42.9969
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $1,600,000
    $260,000
    $1,860,000
    -
    $2,000,000
    $325,000
    $2,325,000

    Comparable in this City

    • Value Estimation
      $4,335,000
      51,330 SF

      401st Evans St428-480

      SHOPPING CENTER, STRIP CENTER • 51,330 SF
      401st Evans St428-480, Buffalo, NY 14221-5671
      View Details
    • Value Estimation
      $4,250,000
      50,820 SF

      8050 Transit Rd, Unit 8090

      SHOPPING CENTER, STRIP CENTER • 50,820 SF
      8050 Transit Rd, Buffalo, NY 14221-4116
      View Details
    • Value Estimation
      $1,675,000
      19,024 SF

      401st Evans St406-424

      SHOPPING CENTER, STRIP CENTER • 19,024 SF
      401st Evans St406-424, Buffalo, NY 14221-5671
      View Details
    • Value Estimation
      $5,025,000
      63,240 SF

      5433 Transit Rd

      SHOPPING CENTER, STRIP CENTER • 63,240 SF
      5433 Transit Rd, Buffalo, NY 14221-2822
      View Details
    • Value Estimation
      $1,275,000
      14,398 SF

      5759 Main St

      SHOPPING CENTER, STRIP CENTER • 14,398 SF
      5759 Main St, Williamsville, NY 14221-5565
      View Details
    • Value Estimation
      $3,080,000
      64,149 SF

      8200 Main St

      SHOPPING CENTER, STRIP CENTER • 64,149 SF
      8200 Main St, Williamsville, NY 14221-6033
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Fully Leased Transit Road Plaza

      23,334 SF strip center on 13.69 acres.
      5445 Transit Rd, Williamsville, NY 14221
      View Details
    • $1,349,900

      Retail Plaza Investment Opportunity

      Retail plaza with strong tenancy, suitable for user or investment.
      4125 Transit Rd, Buffalo, NY 14221
      View Details
    • $750,000

      High Visibility Retail Building For Sale

      Well-maintained 3,800 SF retail building with high visibility and frontage.
      8035 Greiner Rd, Williamsville, NY 14221
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Williamsville Restaurant Space Available

      Restaurant space for sublease in Evans Sheridan Plaza.
      412 Evans St, Williamsville, NY 14221
      View Details
    • Contact for pricing

      Transit Road Retail Space Available

      Retail, office, or restaurant space in high-traffic Transit Valley Plaza.
      5843 Transit Rd, Williamsville, NY 14221
      View Details
    • Contact for pricing
      5,460 SF

      Prime Retail Space in Buffalo

      5,460 SF retail space in high-traffic Buffalo corridor.
      4221 Transit Rd, Buffalo, NY 14221
      View Details
    • Contact for pricing
      3,988 SF

      Retail Space in High-Traffic Area

      Retail space in affluent Williamsville, high traffic, anchored by Stein Mart.
      7870-8012 Transit Rd, Buffalo, NY 14221
      View Details
    • Contact for pricing
      200,000 SF

      Eastern Hills Town Center Opportunity

      Mixed-use development with office, retail, and residential spaces.
      4545 Transit Rd, Buffalo, NY 14221
      View Details

    Property Visit Statistics

    • Visits by month
      5.7k
    • Visitors by month
      5.0k
    • Avg Time on site
      13 min
    View Listing
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    5445 Transit Rd
    Williamsville, NY 14221
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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