Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5460 Transit Rd Depew, NY 14043-3224
    Back to Search
    Property profile & analytics

    5460 Transit Rd Depew, NY 14043-3224

    View on Map
    • Investment properties
    • 6,284 SF
    • 0.33 lot acres
    Off-Market
    Property ID
    US63-4153761
    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
    Location Intelligence

    Current Use by Public Records

    • ONE STOP SHOP OF BUFFALO / Grocery & Convenience Store
    • Hot spot smoke shop / (Bike/Boat/Book/etc) Store
    • Depew Town Hall / Association / Organization
    • Epic Pro Scooters / (Bike/Boat/Book/etc) Store

    Property Details for 5460 Transit Rd

    Year built
    1960
    Lot size
    0.33 lot acres
    Property size
    6,284 SF
    Zone code
    05C
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    143003 104.61-2-9
    APU
    1430031046129

    Description

    This exceptional 13,165 square foot retail property, located at 5460 Transit Road in Depew, New York, is available for $1,890,000 ($143.56/SF). Built in 1960, this vacant commercial space sits on a 0.64-acre corner lot, offering unparalleled visibility and accessibility. The property boasts a convenient traffic signal access point and ample parking, with a ratio of 4.32 spaces per 1,000 square feet. Fifty free surface parking spaces are available on all sides of the building. A prominent LED sign enhances visibility for potential businesses. The rear yard is fully fenced for added security. This versatile space presents a unique opportunity for various uses, including a used car lot and service business (with equipment included), warehouse, storage, or retail conversion. The property's prime location in Erie County, NY, zip code 14043 (latitude 42.9041788, longitude -78.6973821), ensures high traffic volume and excellent exposure. This is an ideal investment for entrepreneurs seeking a high-visibility location with significant potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Depew
    County
    Erie
    State
    New York
    Longitude
    -78.6973
    Latitude
    42.9041
    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
    $55,000
    $180,000
    $235,000
    -
    $60,440
    $197,802
    $258,242

    Comparable in this City

    • Value Estimation by Request
      750 SF

      725 Indian Rd

      STORE/OFFICE (MIXED USE) • 750 SF
      725 Indian Rd, Depew, NY 14043
      View Details
    • Value Estimation
      $720,000
      5,529 SF

      4770 Transit Rd

      STORE/OFFICE (MIXED USE) • 5,529 SF
      4770 Transit Rd, Depew, NY 14043-9700
      View Details
    • Value Estimation by Request
      2,078 SF

      6224 Transit Rd

      STORE/OFFICE (MIXED USE) • 2,078 SF
      6224 Transit Rd, Depew, NY 14043-1027
      View Details
    • Value Estimation
      $505,000
      5,472 SF

      1244 French Rd

      STORE/OFFICE (MIXED USE) • 5,472 SF
      1244 French Rd, Depew, NY 14043-4801
      View Details
    • Value Estimation by Request
      5,200 SF

      2365 George Urban Blvd

      STORE/OFFICE (MIXED USE) • 5,200 SF
      2365 George Urban Blvd, Depew, NY 14043-2005
      View Details
    • Value Estimation
      $545,000
      5,600 SF

      4525 Broadway

      STORE/OFFICE (MIXED USE) • 5,600 SF
      4525 Broadway, Depew, NY 14043-2912
      View Details

    Similar Nearby for Sale

    • $439,900

      Mixed-Use Property in High-Traffic Area

      Mixed-use property with commercial space and residential apartments for sale.
      3284 Walden Ave, Lancaster, NY 14043
      View Details
    • $750,000

      Multi-Tenanted Building on Transit Road

      Multi-tenanted building with office, warehouse, and apartment units for sale.
      5800 Transit Rd, Depew, NY 14043
      View Details
    • $349,900

      Mixed-Use Property with Retail Space

      Mixed-use property featuring retail space and a three-bedroom apartment.
      5026 Broadway, Depew, NY 14043
      View Details
    • $500,000
      4,418 SF

      Depew Deli - Turnkey Business Opportunity

      Thriving Deli, Prime Depew Location, High Profits
      4911 Broadway, Depew, NY 14043
      View Details
    • Contact for pricing

      Industrial Site with Leased Warehouses

      Industrial land with two leased warehouses, ideal for various operations.
      5600 Transit Rd, Depew, NY 14043
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,160 SF

      Retail Space in Urbandale Plaza

      Retail space available in supermarket-anchored Urbandale Plaza.
      30-40 Patrick Ln, Depew, NY 14043
      View Details
    • Contact for pricing
      3,168 SF

      Transit Road Retail/Office Space

      Mixed-use center with high visibility and ample parking.
      4711 Transit Rd, Lancaster, NY 14043
      View Details
    • Contact for pricing

      Transit-French Square Plaza Outparcels

      Two divisible outparcels available for ground lease or build-to-suit.
      1428 French Rd, Depew, NY 14043
      View Details
    • $2,500 /Mo

      Retail Space on Broadway Available

      Retail space for rent with high traffic and ample parking.
      4990 Broadway, Depew, NY 14043
      View Details
    • $12 SF/Yr
      5,500 SF

      Medical Office & Warehouse Space

      Medical office and warehouse spaces for lease in Depew.
      5087 Broadway, Depew, NY 14043
      View Details
    • $1,850 /Mo

      Commercial Land on Walden Avenue

      Commercial land for lease on Walden Avenue near Dick Road.
      3003 Walden Ave, Depew, NY 14043
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5460 Transit Rd
    Depew, NY 14043-3224
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5460 Transit Rd, Depew, NY, 14043
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!