Property profile

6766 Transit Rd Buffalo, NY 14221

FOR LEASE
Turn key restaurants
Property ID
US63-0222700
11,461 SF 2.34 ac lot Built 1971
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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6766 Transit Rd, Buffalo, NY 14221 For Lease
Contact for pricing 11,500 SF available
6766 Transit Rd, Buffalo, NY 14221
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Property summary

AI-generated overview

This exceptional 11,500-square-foot retail property, located at 6766 Transit Road in Buffalo, New York, presents a unique investment opportunity. Situated on a generous 2.4-acre lot, the single-story building, constructed in 1971, offers significant potential for redevelopment or repurposing. Previously utilized as a banquet facility, the building's shell is currently available for sale or ground lease. The property's zoning allows for a variety of uses, including storefront retail, restaurant, and storefront/office space. The expansive lot size provides ample room for expansion or additional development. The property's location on Transit Road offers high visibility and accessibility, making it an ideal location for a variety of businesses. The property's Assessed Parcel Number (APN) is 142289-082-090-0006-018-110. Furthermore, the property's layout allows for the possibility of division into two separate development parcels, providing flexibility for potential buyers or lessees. This presents a rare chance to acquire a substantial property in a prime Buffalo location with significant upside potential. The property is ready for a new owner or tenant to bring their vision to life. Serious inquiries are encouraged.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1971
Total area 11,461 SF
Lot 2.34 ac (101,930 SF)
APN 142289 82.09-6-18.11
UPID US63-0222700

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Medical Clinic

Location

6766 Transit Rd Buffalo, NY 14221
Buffalo metro Census 9601 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.64M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.62M

Owner & transaction history

since 2025
Last sale
$1.8M
3 recorded transactions
2025
$1.8M
2025
Price N/A
2006
$322,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.8M +23.6%
Retail stores $1.6M +16.0%
Office building $1.6M +13.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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