5989 Transit Rd East Amherst, NY 14051-1787
Property profile & analytics
5989 Transit Rd East Amherst, NY 14051-1787
- Investment properties
- 10,781 SF
- 1.27 lot acres
Property ID
US63-5214063
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.
Location Intelligence
Current Use by Public Records
- Tim Hortons / Cafe & Coffee Shop
- Headspace Glass & Gifts / (Bike/Boat/Book/etc) Store
- Elements Massage / Alternative Medicine Practice / Spa & Massage Center
- The Oak Stave Drinkery & Eatery / Bar & Pub
Property Details for 5989 Transit Rd
- Year built
- 2015
- Lot size
- 1.27 lot acres
- Property size
- 10,781 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 143200 43.17-6-1.1
- APU
- 1432004317611
Description
This exceptional freestanding retail property, located at 5989 Transit Road in East Amherst, NY 14051, offers 12,000 square feet of space, with 3,000 square feet currently vacant. Built in 2016, the building boasts a prime location within the Transit Road Shopping & Entertainment District, benefiting from high visibility and exceptional accessibility. The property sits on a 1.2-acre lot, providing 275 feet of frontage on Transit Road and 260 feet on Clarence Center Road. This strategic corner location offers unparalleled exposure to a substantial daily traffic volume of 28,838 vehicles on Transit Road, as reported by the Department of Transportation. The flexible space is ideal for multiple tenants, with available units ranging from 1,500 to 3,000 square feet. Its proximity to major thoroughfares ensures convenient access for customers and employees. The property is zoned for major arterial use and enjoys a highly desirable location across from a NOCO gas station and directly across from the Transit Valley County Club, further enhancing its appeal and attracting a diverse customer base. Minutes from numerous national and local retail outlets, this property presents a unique opportunity for businesses seeking a high-traffic, well-located retail space in a thriving commercial area.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,230,000
- 6.5%
- $2,060,000
- 7%
- $1,915,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,272,000
- AI Estimate
- $1,901,000
Market price range: $459k - $1.39MMarket price range: $504k - $1.90M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,565,000
- RESTAURANT
- $1,475,000
- NEIGHBORHOOD: SHOPPING CENTER
- $1,460,000
- OFFICE BUILDING
- $1,260,000
- AUTO REPAIR, GARAGE
- $1,085,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- East Amherst
- County
- Erie
- State
- New York
- Longitude
- -78.6964
- Latitude
- 43.0107
- 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
$470,000
$1,170,000
$1,640,000
-
$587,500
$1,462,500
$2,050,000
