Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7590 Transit Rd Buffalo, NY 14221-6018

    • Retail space
    • 10,397 SF
    • 2.21 lot acres
    OFF-MARKET
    Last Sale
    Jan 22, 2020
    Value Estimations
    $1,090,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-3788251
    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.

    Current Use by Public Records

    • Bison Turf Equipment, Inc. / (Bike/Boat/Book/etc) Store / Garden Center

    Property Details for 7590 Transit Rd

    Year built
    1974
    Lot size
    2.21 lot acres
    Property size
    10,397 SF
    Property type
    Retail space
    APN
    142289 70.13-2-1
    APU
    142289701321

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,495,000
      Current use
      COMMERCIAL (GENERAL)
      $1,590,000
      Change: +7% Conversion: Easy
      OFFICE BUILDING
      $1,465,000
      Change: -2% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,350,000
      Change: -10% Conversion: Moderate
      RESTAURANT
      $1,285,000
      Change: -14% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.6983
    Latitude
    42.9746
    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
    2019
    $31,905
    $650,000
    $560,000
    $1,210,000
    -
    $1,048,387
    $903,226
    $1,951,613

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      8511-8521 Sheridan Dr

      Individual retail properties • 10,000 SF
      8511-8521 Sheridan Dr, Buffalo, NY 14221
      View Details
    • Value Estimation
      $2,205,000
      9,190 SF

      804 Wehrle Dr

      RETAIL STORES (PERSONAL SERVICES) • 9,190 SF
      804 Wehrle Dr, Buffalo, NY 14221-7727
      View Details
    • Value Estimation
      $4,655,000
      15,252 SF

      8530 Transit Rd

      RETAIL STORES (PERSONAL SERVICES) • 15,252 SF
      8530 Transit Rd, Buffalo, NY 14221-2836
      View Details
    • Value Estimation
      $790,000
      7,296 SF

      4445 Transit Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,296 SF
      4445 Transit Rd, Buffalo, NY 14221-6023
      View Details
    • Value Estimation
      $1,770,000
      15,050 SF

      5275 Transit Rd

      RETAIL STORES (PERSONAL SERVICES) • 15,050 SF
      5275 Transit Rd, Buffalo, NY 14221-2807
      View Details
    • Value Estimation
      $1,360,000
      11,108 SF

      1640 Hopkins Rd

      RETAIL STORES (PERSONAL SERVICES) • 11,108 SF
      1640 Hopkins Rd, Williamsville, NY 14221-1752
      View Details

    Similar Nearby for Sale

    • $925,000

      Sheridan Drive Retail/Residential Redevelopment

      Prime redevelopment site with retail and residential buildings.
      8511-8521 Sheridan Dr, Williamsville, NY 14221
      View Details
    • $1,650,000

      Williamsville Retail Investment Opportunity

      Fully leased multi-tenant property in a high-traffic Williamsville location.
      5429 Main St, Williamsville, NY 14221
      View Details
    • $1,450,000

      Two-Tenant Building on Main Street

      Investment or owner/user property with development potential in Clarence, NY.
      8670 Main St, Clarence, NY 14221
      View Details
    • $1,450,000
      11,193 SF

      Retail Space with Parking Lot

      Retail property with vacant space and large parking areas.
      8670 Main St, Williamsville, NY 14221
      View Details
    • $1,300,000

      Williamsville Retail Investment Opportunity

      Prime retail property in Williamsville with growth potential.
      5436 Main St, Williamsville, NY 14221
      View Details
    • $1,349,900
      5,084 SF

      Retail Property on Transit Road

      Retail space with strong tenancy and ample parking.
      4125 Transit Rd, Williamsville, NY 14221
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Turn-Key Salon on Main Street

      Fully equipped salon space available for sublease on Main Street.
      5759 Main St, Williamsville, NY 14221
      View Details
    • Contact for pricing

      Retail Space on Transit Road

      Endcap retail space in high-traffic Amherst corridor.
      6970 Transit Rd, Amherst, NY 14221
      View Details
    • Contact for pricing

      Former Auto Parts Store Available

      Retail space in Transitown Plaza, corner location, ready to move-in.
      4285 Transit Rd, Williamsville, NY 14221
      View Details
    • Contact for pricing

      Transit Road Retail Space Available

      Retail, office, or restaurant space in high-traffic Transit Valley Plaza.
      5843 Transit Rd, Williamsville, NY 14221
      View Details
    • Contact for pricing
      6,375 SF

      Transit Road Retail Opportunity

      Retail space available on Transit Road near regional mall.
      7566 Transit Rd, Buffalo, NY 14221
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7590 Transit Rd
    Buffalo, NY 14221-6018
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!