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    7060 Erie Rd Derby, NY 14047-9430
    Property profile & analytics

    7060 Erie Rd Derby, NY 14047-9430


    • Office buildings
    • 15,282 SF
    • 5.06 lot acres
    Off-Market
    Property ID
    US63-3673634
    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.

    Value Estimations
    $1,605,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Western New York Urology Associates, LLC / Medical Clinic / Physician
    • Dr. Phillip J. Seereiter Jr, MD / Physician / Medical Clinic
    • Lakeshore Family Medicine Associates / Medical Clinic
    • Cavalieri Morris M MD / Pediatrician / Physician
    • Dr. Henna M. Sheikh, MD / Pediatrician / Physician

    Property Details for 7060 Erie Rd

    Year built
    2008
    Lot size
    5.06 lot acres
    Property size
    15,282 SF
    Property type
    Office buildings
    APN
    144489 206.00-3-39.112
    APU
    14448920600339112

    Description

    This exceptional 22-acre parcel in Derby, New York, presents a unique investment opportunity. Located at the intersection of Erie Road (Route 5) and Delamater Roads in the Town of Evans (Village of Derby), this property boasts significant frontage on both major thoroughfares: nearly 1,200 feet along Erie Road and almost 1,500 feet along Delamater Road. The zoning is strategically divided, with approximately half designated GB General Business along Erie Road, catering to commercial development, and the remaining portion zoned R-1 Single Family, offering flexibility for mixed-use projects. The property's prime location offers excellent visibility and accessibility, situated about half a mile south of a bustling Tops Supermarket Plaza, anchored by popular retailers such as Family Dollar, McDonald's, Dollar General, Ace Hardware, and Auto Zone. A significant advantage is the presence of an 8-inch sewer line running along the entire frontage of both Erie and Delamater Roads, simplifying infrastructure development. This substantial land area, combined with its strategic location and versatile zoning, makes it an attractive prospect for developers seeking a high-impact commercial venture in a thriving community. The asking price is $900,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,903,000
      Market price range: $1.11M - $2.59M
      AI Estimate
      $1,088,000
      Market price range: $424k - $1.62M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,785,000
      Current use
      RETAIL STORES
      $2,220,000
      Change: +24% Conversion: Moderate
      RESTAURANT
      $2,090,000
      Change: +17% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $2,070,000
      Change: +16% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,535,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Erie
    State
    New York
    Longitude
    -78.9965
    Latitude
    42.6946
    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
    $197,100
    $1,011,600
    $1,208,700
    -
    $339,828
    $1,744,138
    $2,083,966
    More about this property
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