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Property profile & analytics
FOR LEASE
Auto shops
6495 Transit Rd, Bowmansville, NY 14026
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-0486742
For Lease
1 / 2
$18 SF/Yr
6495 Transit Rd, Bowmansville, NY 14026
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1967
Total area
21,613 SF
Lot
1.44 ac (62,726 SF)
Zoning code
CMS
APN
145289 93.05-1-3
UPID
US63-0486742
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
-
STS Trailer, Truck, and Equipment - Buffalo Car Dealership
-
Big G Roofing & Siding LLC Roofing Company General Contractor
-
Innovative Realty Services, Inc. Construction Company General Contractor
-
Bella Vista Group Construction Company General Contractor
-
81 & 3 of Florida Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.01M
Blend (final)
Blend
$1.84M
Owner & transaction history
Whag Properties Ix LLC · 2 yrs held
Whag Properties Ix LLC
since 2024
5 recorded transactions
Zoning & alternative use
CMS · Bowmansville, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.0M
+35.9%
Neighborhood: shopping center
$2.9M
+34.6%
Office building
$2.5M
+16.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bowmansville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowmansville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,175,000
Current use
RESTAURANT
$2,955,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,925,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$2,525,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,790,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.84M
Range $1.65M – $2.02M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$85 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$960,000
Assessed 2023
Previous assessed
$960,000
+0.0% YoY
Assessed land
$460,000
Assessed improvement
$500,000
Land market value
$613,333
Improvement market value
$666,667
Total market value
$1,280,000
Applied tax rate
145,201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1967
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
21,613 SF
Lot
1.44 ac (62,726 SF)
Zoning code
CMS
APN
145289 93.05-1-3
UPID
US63-0486742
Jurisdiction
ERIE
Zoning & alternative use
CMS · Bowmansville, NY
Zoning CMS · permitted uses
CMS · Bowmansville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bowmansville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.2M
RESTAURANT
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Whag Properties Ix LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6495 TRANSIT RD, BOWMANSVILLE, NY 14026-1049
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2024
$700,000
Whag Properties Ix LLC
81 And 3 Of Florida INC
Bargain & Sale Deed
—
Apr 20, 2023
—
81 And 3 Of Florida INC
Dpc INC
Deed
related
—
—
—
81 & 3 Florida INC
—
Deed Of Trust
related
$655,000 · Manufacturers Traders & Trust
—
—
81 & 3 Of Florida INC
—
Deed Of Trust
related
$221,967 · Associated Planning & Const In
—
—
81 & 3 Of Florida INC
—
Deed Of Trust
related
$550,000 · Manufacturers Traders & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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