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Property profile & analytics
OFF-MARKET
Estimated value
$5,550,000
Truck terminals
6650 Transit Rd Buffalo, NY 14221-7216
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-6046423
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1966
Total area
48,130 SF
Lot
9.21 ac (401,188 SF)
Zoning code
05C
APN
143089 82.03-4-17
UPID
US63-6046423
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
-
Transit Road Thruway Park & Ride Parking Lot & Garage
-
Holland Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.55M
Owner & transaction history
Estes Express Lines · 2 yrs held
Estes Express Lines
since 2024
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
05C · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.0M
+347.1%
Auto repair, garage
$4.0M
+263.6%
Restaurant
$4.0M
+261.4%
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 Buffalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buffalo 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
$5,550,000
ML approach
$5,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,970,000
Change: +347% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,040,000
Change: +264% · Conversion: Difficult
RESTAURANT
$4,015,000
Change: +261% · Conversion: Difficult
Blend value · Realmo final
$5.55M
Range $5.00M – $6.11M · ±10% · vs last sale $5.55M (Feb 2 2024)
Last sale anchor
$5.55M
Feb 2 2024
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
$115 / 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
$2,000,000
Assessed 2023
Previous assessed
$2,000,000
+0.0% YoY
Assessed land
$1,220,000
Assessed improvement
$780,000
Land market value
$1,340,659
Improvement market value
$857,143
Total market value
$2,197,802
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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
Off-Market
Year built
1966
Heating
NONE
Buildings
2
Stories
2
Total area
48,130 SF
Lot
9.21 ac (401,188 SF)
Zoning code
05C
APN
143089 82.03-4-17
UPID
US63-6046423
Jurisdiction
ERIE
Zoning & alternative use
05C · Buffalo, NY
Zoning 05C · permitted uses
05C · Buffalo, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buffalo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.0M
RESTAURANT
Est. value
$4.0M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
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
1966
Heating
NONE
Stories
2
Buildings
2
Lot
9.21 ac
Current owner
From public records · entity-resolved
Estes Express Lines
Individual
Mailing address
3901 W BROAD ST, RICHMOND, VA 23230-3962
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2024
$5,551,000
Estes Express Lines
Usf Holland LLC
Quit Claim Arm's Length For Ne States
—
Jan 21, 2021
—
Usf Holland LLC
—
Deed
related
$548,902 · The Bank Of New York Mellon
Oct 29, 2019
—
Usf Holland LLC
—
Deed
related
$548,902 · Cortland Products Corp
Aug 28, 2014
—
Usf Holland INC
—
Grant Deed
related
$14,706,000 · Rbs Citizens Busn Cap
Aug 3, 2006
$76,500
Dot Nys
Usf Holland Realty LLC
Warranty Deed
—
—
—
Usf Holland INC
—
Deed Of Trust
related
$1,980,000 · Us Bank NA
—
—
Usf Holland LLC
—
Loan Modification
related
$548,902 · Cortland Products Corp
—
—
Usf Holland INC
—
Deed Of Trust
related
$2,660,467 · Wilmington Trust Co
—
—
Usf Holland INC
—
Deed Of Trust
related
$1,980,000 · J P Morgan Chase Bank
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.
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