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    7631 Transit Rd East Amherst, NY 14051

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    7631 Transit Rd East Amherst, NY 14051


    • Auto shops
    • 6,714 SF
    • 6.90 lot acres
    Transit Road Development Opportunity For Sale
    $1,250,000
    207,010 SF

    Transit Road Development Opportunity

    6.88-acre development site approved for mixed-use project.

    7631 Transit Rd, East Amherst, NY 14051
    View Listing
    Property ID
    US63-3752967
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 7631 Transit Rd

    Year built
    1975
    Lot size
    6.90 lot acres
    Property size
    6,714 SF
    Zone code
    MA
    Property type
    Auto shops
    APN
    143200 17.03-1-2.1
    APU
    1432001703121

    Description

    This exceptional 6.88-acre commercial land parcel, located at 7631 Transit Road in East Amherst, New York (zip code 14051), presents a unique mixed-use development opportunity. The property, encompassing 207,010 square feet, is zoned for mixed-use development and has already received approvals from the Town of Clarence for a comprehensive project. Plans include the construction of eleven townhouse units, a 13,400 square foot commercial building featuring retail space on the first floor and four apartments on the second floor, along with an additional apartment within the commercial building, and 73 storage units. The site also includes 72 parking spaces to accommodate residents and customers. Existing structures, including the former Bitterman Automotive buildings and two houses, will be demolished by the new owner, providing a clean slate for this exciting venture. The property's prime location on Transit Road offers excellent visibility and accessibility, making it an ideal location for a thriving mixed-use development. The year of construction for the existing structures is 1975. This is a turnkey opportunity for developers seeking a shovel-ready project with pre-approved plans. The asking price for this exceptional development site is $1,250,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $843,000
      Market price range: $273k - $844k
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $675,000
      Current use
      RETAIL STORES
      $975,000
      Change: +44% Conversion: Difficult
      RESTAURANT
      $915,000
      Change: +36% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $910,000
      Change: +35% Conversion: Difficult
      OFFICE BUILDING
      $785,000
      Change: +16% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $555,000
      Change: -18% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    East Amherst
    County
    Erie
    State
    New York
    Longitude
    -78.6958
    Latitude
    43.0575
    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
    $227,600
    $766,400
    $994,000
    -
    $284,500
    $958,000
    $1,242,500
    View Listing
    More about this property
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