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    5460 Transit Rd Depew, NY 14043
    Property profile & analytics

    5460 Transit Rd Depew, NY 14043

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    • Investment properties
    • 6,720 SF
    • 0.31 lot acres
    For Sale
    $1,890,000
    View Listing →
    Retail Space with Ample Parking For Sale
    $1,890,000
    13,165 SF

    Retail Space with Ample Parking

    Retail space featuring high visibility and abundant parking.

    5460 Transit Rd, Depew, NY 14043
    View Listing
    Property ID
    US63-0220041
    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
    0.31 lot acres
    Property size
    6,720 SF
    Zone code
    05C
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    143003 104.61-2-10
    APU
    14300310461210

    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
    -78.6977
    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
    $52,000
    $188,000
    $240,000
    -
    $57,143
    $206,593
    $263,736

    Comparable in this City

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    • Value Estimation
      $720,000
      5,529 SF

      4770 Transit Rd

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

      6224 Transit Rd

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

      1244 French Rd

      STORE/OFFICE (MIXED USE) • 5,472 SF
      1244 French Rd, Depew, NY 14043-4801
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    • 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
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    • 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

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      Mixed-Use Property with Retail Space

      Mixed-use property featuring retail space and a three-bedroom apartment.
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      Mixed-Use Property in High-Traffic Area

      Mixed-use property with commercial space and residential apartments for sale.
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      000 includes all contents with an option to purchase the building and land. Many different options are also available which seller is open to discussing. Located at the intersection of Broadway and Penora has a traffic count of 12

      000 passing vehicles a day. Minutes from the village of Lancaster. Large parking lot with over 50+ available parking spots and covered patio area for outside dining as well as a garage door for deliveries. This is a rare opportunity to purchase a profitable and charming restaurant with a good-sized dining room! This Family Restaurant is a legendary WNY staple! Famous for their pizza and wings
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      Depew Medical Office Building For Sale

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    Similar Nearby for Lease

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      1,030 SF

      Transit Road Retail/Office/Medical Space

      Mixed-use center with high visibility and ample parking.
      4729-4731 Transit Rd, Lancaster, NY 14043
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    • Contact for pricing
      1,500 SF

      Retail Space in Urbandale Plaza

      Supermarket-anchored shopping center with ample parking and multiple entrances.
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    • Contact for pricing

      Transit Road Outparcels For Lease

      Two outparcels available for ground lease or build to suit.
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      Commercial Land on Walden Avenue

      Commercial land available for lease on Walden Avenue.
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      8,647 SF

      Inviting Office Space on Transit

      Contemporary office building with high visibility and ample parking.
      6199 Transit Rd, Depew, NY 14043
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    • Contact for pricing

      Transit Road Outparcels For Lease

      Two outparcels available for ground lease or build to suit.
      4790 Transit Rd, Depew, NY 14043
      View Details
    View Listing
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    Depew, NY 14043
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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.

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