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Property profile & analytics
FOR SALE
Investment properties

6865 Erie Rd Derby, NY 14047

4,072 SF 1.26 ac lot Built 1948
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US63-3676410
Property summary
AI-generated overview

This unique 625-square-foot creative office space, built in 2011, presents a rare opportunity in Derby, NY. Currently configured as a Texaco Station Diorama, this single-tenant property offers exceptional visibility and high foot traffic, boasting a location with over 14,000 vehicles passing daily. The building features two large garage doors, adaptable for various business needs – either maintaining access or converting to additional wall space. Natural light floods the interior through large windows, complemented by a covered patio area providing an inviting entrance. The monthly lease rate ranges from $500 to $700, contingent upon any necessary electrical modifications. This versatile space is ideal for businesses seeking high visibility, ample parking, and a strategic location within a bustling commercial zone. Whether used for storage, showcasing products, or establishing a prominent business presence, this property offers significant advantages for maximizing exposure and attracting customers. The property's adaptable design and prime location make it a compelling option for entrepreneurs and established businesses alike. Don't miss this chance to secure a space in Derby's thriving commercial heart.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1948
Total area 4,072 SF
Lot 1.26 ac (54,886 SF)
APN 144489 206.08-1-14
UPID US63-3676410
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
  • Super Freeze Drive In Restaurant
  • Super Freeze Restaurant
  • Stoned Cold Smoke Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Wesserow Development LLC · 3 yrs held
Wesserow Development LLC
since 2022
Last sale
$420,000
3 recorded transactions
2023
Price N/A
2022
$420,000
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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