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    Property profile & analytics

    5822 Transit Rd Lockport, NY 14094-6318

    • Turn key restaurants
    • 5,412 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $2,760,000
    Last Sale
    Jan 19, 2022
    $2,936,425
    Location Intelligence
    Property ID
    US63-5458639
    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.

    Current Use by Public Records

    • Applebee's Grill + Bar / Traditional American Restaurant / Restaurant

    Property Details for 5822 Transit Rd

    Year built
    1995
    Lot size
    2.00 lot acres
    Property size
    5,412 SF
    Property type
    Turn key restaurants
    APN
    292600 123.17-1-42.1
    APU
    292600123171421

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,085,000
      6.5%
      $2,910,000
      7%
      $2,760,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,205,000
      Geo Method
      $2,710,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,995,000
      Retail
      $2,685,000
      Mixed-Use
      $2,270,000
      Hospitality
      $2,440,000
      Educational
      $3,095,000
      Residential Income
      $2,770,000
      Energy
      $2,980,000
      Income-Based Land
      $2,755,000
      Food Service
      $2,725,000

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Niagara
    State
    New York
    Longitude
    -78.6979
    Latitude
    43.1418
    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
    0
    $0.00
    $277,500
    $742,500
    $1,020,000
    -
    $277,500
    $742,500
    $1,020,000

    Comparable in this City

    • Value Estimation by Request
      1,284 SF

      7279 Rochester Rd

      RESTAURANT • 1,284 SF
      7279 Rochester Rd, Lockport, NY 14094-1655
      View Details
    • Value Estimation by Request
      1,977 SF

      3958 Lockport Olcott Rd

      RESTAURANT • 1,977 SF
      3958 Lockport Olcott Rd, Lockport, NY 14094-1133
      View Details
    • Value Estimation
      $235,000
      8,932 SF

      210 Market St

      RESTAURANT • 8,932 SF
      210 Market St, Lockport, NY 14094-2935
      View Details
    • Value Estimation
      $1,335,000
      3,359 SF

      383 Davison Rd

      RESTAURANT • 3,359 SF
      383 Davison Rd, Lockport, NY 14094-4020
      View Details
    • Value Estimation
      $160,000
      1,596 SF

      3997 Lowr Mtn Rd

      RESTAURANT • 1,596 SF
      3997 Lowr Mtn Rd, Lockport, NY 14094-8800
      View Details
    • Value Estimation by Request
      1,380 SF

      6703 Transit Rd

      RESTAURANT • 1,380 SF
      6703 Transit Rd, Lockport, NY 14094-6311
      View Details

    Similar Nearby for Sale

    • $94,900

      Downtown Lockport Investment Opportunity

      Former Moose Lodge ideal for office, retail, or restaurant.
      4 Lock St, Lockport, NY 14094
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    • $309,000

      Turnkey Ice Cream Business Opportunity

      Established ice cream business for sale in Newfane, NY.
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    • $349,000
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      Lockport Retail Property For Sale

      Retail property featuring multiple drive-thru lanes and ample parking.
      118 Walnut St, Lockport, NY 14094
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    • Contact for pricing

      Transit Road Commercial Acreage Available

      7.64 acres on Transit Road with existing structures.
      6856 Transit Rd, Pendleton, NY 14094
      View Details
    • $895,000
      9,650 SF

      Downtown Lockport Office Building

      Two-story office building in the heart of Lockport.
      133-135 Main St, Lockport, NY 14094
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    • $199,999
      1,376 SF

      Retail Building in Downtown Lockport

      Retail building for sale adjacent to the Erie Canal.
      55 Lock St, Lockport, NY 14094
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    Similar Nearby for Lease

    • $8 SF/Yr
      2,800 SF

      Ewings Road Commercial Space For Lease

      Versatile 2,800 sq ft warehouse/office space.
      3454 Ewings Rd, Lockport, NY 14094
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    • Contact for pricing
      32,740 SF

      Lockport Retail/Warehouse Space Available

      Retail and warehouse spaces for lease in busy Lockport plaza.
      5921-5987 S Transit Rd, Lockport, NY 14094
      View Details
    • Contact for pricing
      5,800 SF

      Lockport Retail Building - 5,800 SF

      Prime Lockport retail space, high visibility, ample parking.
      6640 Lincoln Ave, Lockport, NY 14094
      View Details
    • $9 SF/Yr
      7,000 SF

      Retail Space on Transit Street

      Retail space in Lockport's growing business corridor.
      282-312 S Transit St, Lockport, NY 14094
      View Details
    • Contact for pricing
      51,300 SF

      Retail Space on Transit Road

      Retail property with high visibility and ample parking available for lease.
      5900 South Transit Rd, Lockport, NY 14094
      View Details
    • Contact for pricing

      Lockport Retail Corridor Opportunity

      Retail and warehouse spaces available in Lockport shopping center.
      5897 S Transit Rd, Lockport, NY 14094
      View Details

    Property Visit Statistics

    • Visits by month
      13.4k
    • Visitors by month
      11.9k
    • Avg Time on site
      61 min
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    5822 Transit Rd
    Lockport, NY 14094-6318
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    Realmo Value Estimation

    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.

    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.

    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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