6224 Transit Rd Depew, NY 14043-1027
Property profile & analytics
6224 Transit Rd Depew, NY 14043-1027
- Investment properties
- 2,078 SF
- 0.18 lot acres
Property ID
US63-1778528
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
- Investment properties
Property Details for 6224 Transit Rd
- Year built
- 1960
- Lot size
- 0.18 lot acres
- Property size
- 2,078 SF
- Zone code
- 05C
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 143003 93.13-7-10
- APU
- 1430039313710
Description
This 7,560 square foot retail property in Depew, NY, presents a compelling investment opportunity. Located on Transit Rd, it benefits from high visibility and traffic flow between Cheektowaga and Lancaster. Currently vacant, the property features two separate 2,078 square foot rentable units, offering flexibility for single or multi-tenant occupancy. The building, constructed in 1960, has undergone recent improvements, including a two-thirds roof replacement in 2021 and newer stone facade and vinyl siding. The property includes 10 parking spaces and sits on a 7,560 square foot lot, zoned O5C. With a net operating income (NOI) of $25,170 and an asking price of $274,900, this property boasts a 9.16% cap rate. The property's versatile layout and prime location make it ideal for a variety of retail uses. This is a rare opportunity to acquire a well-maintained, high-traffic retail space with significant upside potential. The property is ready for immediate occupancy.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Depew
- County
- Erie
- State
- New York
- Longitude
- -78.6973
- Latitude
- 42.9257
- 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
$28,600
$141,400
$170,000
-
$31,429
$155,384
$186,813
