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    OFF-MARKET
    Investment properties

    5831 Transit Rd, Depew, NY 14043-2857

    1,930 SF 0.24 ac lot Built 1974
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-0350568
    Property summary
    AI-generated overview

    This exceptional 1,500-square-foot office space at 5831 Transit Road in Depew, New York, presents a fantastic opportunity for a single-tenant business. Located in Erie County, this property boasts a beautifully finished interior with modern appointments. The space features a stylish reception area, perfect for welcoming clients, and a large conference room ideal for meetings and presentations. There are four or five private offices, providing ample space for individual work or team collaboration. A highlight is the kitchen, showcasing a sophisticated herringbone brick finished floor. The property also includes a full basement, offering additional storage or potential for expansion. Accessibility is ensured with a handicap-accessible ramp. Ample parking is available on-site, providing convenience for employees and visitors. The high visibility location on Transit Road offers excellent exposure for your business. This is an ideal space for a single practice or a growing startup seeking a well-appointed and functional office environment. The property is a single-tenant occupancy, offering privacy and control. This is a rare opportunity to secure a move-in ready office space in a desirable location.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1974
    Total area 1,930 SF
    Lot 0.24 ac (10,454 SF)
    APN 145201 104.30-2-20
    UPID US63-0350568
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Davina Development Associates LLC · 1 yrs held
    Davina Development Associates LLC
    since 2024
    Last sale
    $385,000
    6 recorded transactions
    2024
    $385,000
    2022
    2015
    $124,000
    2015
    $69,800
    2008
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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