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    Investment properties

    7474 Transit Rd, Buffalo, NY 14221

    4,000 SF 0.41 ac lot Built 1976
    Entity Owned 11-yr Hold Free & Clear
    Property ID
    US63-3986916
    Property summary
    AI-generated overview

    This exceptional 4,000 square foot retail property, located at 7474 Transit Road in Williamsville, NY (zip code 14221), presents a unique investment opportunity. Situated in Erie County, across from the Eastern Hills Mall in the thriving town of Amherst – Buffalo's largest suburb – this single-tenant space offers significant visibility and accessibility. The building boasts a total of 4,000 square feet, currently configured as a single retail unit of 1,000 square feet, with potential for flexible use as retail, office, or medical space. Its prime location on Transit Road ensures high exposure to a substantial customer base. Transit Road experiences an average annual daily traffic count of approximately 33,608 vehicles, guaranteeing consistent foot traffic and brand visibility. This property is ideal for businesses seeking a strategic location within a bustling commercial area, benefiting from the proximity to a major shopping mall and a dense population. The property's versatility and high-traffic location make it an attractive prospect for a variety of commercial ventures. This is a rare opportunity to secure a well-positioned retail space in a highly desirable area of Western New York.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1976
    Total area 4,000 SF
    Lot 0.41 ac (18,060 SF)
    Zoning code GB
    APN 142289 70.13-2-14.1
    UPID US63-3986916
    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
    • GEICO Insurance Agent Insurance Agency
    • Munch Town Grocery & Convenience Store
    • Beltone Hearing Care Center Hearing Aid Store Deaf Service
    • Oasis Smoke Shop (Bike/Boat/Book/etc) Store
    • The Jungle (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $665k
    Comparable Approach Comparable
    $792k
    Blend (final) Blend
    $665k
    Owner & transaction history
    7474 Transit LLC · 11 yrs held
    7474 Transit LLC
    since 2015
    1 recorded transaction
    2015
    $525,000
    Zoning & alternative use
    GB · Buffalo, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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