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Property profile & analytics
OFF-MARKET Estimated value $835,000
Investment properties

5623 Transit Rd East Amherst, NY 14051-1805

3,321 SF 0.67 ac lot Built 1946
Entity Owned 2-yr Hold Free & Clear
Property ID
US63-2717725
Property summary
AI-generated overview

This exceptional 3,000 square foot free-standing retail building presents a unique opportunity in East Amherst, NY. Situated on a 1.35-acre lot at 5623 Transit Road (cross street: Roll), this single-tenant property boasts a Class B designation and ample parking for 30 vehicles. Built in 1946, the one-story structure is zoned MA and features a convenient walk-in shower/sauna space, perfectly suited for a salon or similar business. The property's significant size, combined with its high-traffic location and outstanding demographics, makes it an ideal investment. The entire 3,000 square feet is currently vacant, offering immediate occupancy for a new tenant. The property's Assessed Parcel Number (APN) is 143200-057-090-0006-008-000. This is a rare chance to acquire a well-located, spacious retail building with significant potential in a thriving community. The property's prime location and ample parking ensure high visibility and accessibility for customers. The existing walk-in shower/sauna space adds versatility and potential for unique business applications. Don't miss this chance to secure this exceptional retail space in a desirable East Amherst location. The property is ready for immediate occupancy.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1946
Total area 3,321 SF
Lot 0.67 ac (29,185 SF)
Zoning code MA
APN 143200 57.09-6-8
UPID US63-2717725
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • R-Chambeau's Coiffures Ltd Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$950k
CAP Approach CAP
$635k
Comparable Approach Comparable
by Request
Blend (final) Blend
$835k
Owner & transaction history
3925 Wh Road LLC · 2 yrs held
3925 Wh Road LLC
since 2023
Last sale
$800,000
1 recorded transaction
2023
$800,000
Zoning & alternative use
MA · East Amherst, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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