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Property profile & analytics
OFF-MARKET
Estimated value
$3,235,000
Office buildings
8600 Transit Rd, East Amherst, NY 14051-2614
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-1351537
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
19,672 SF
Lot
0.86 ac (37,462 SF)
Zoning code
OB
APN
142289 57.09-1-6.2
UPID
US63-1351537
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
-
Waddell & Reed Inc Financial Advisor
-
Umbrella Inc Insurance Agency
-
New York State Workers Compensation Services. Dr. Taj Jiva, MD, MPH Occupational Medicine, JD Occupational Health Service
-
Amherst Industries, Inc. Industrial Manufacturer Production Facility
-
TECO Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.24M
Owner & transaction history
8600 Transit LLC · 2 yrs held
8600 Transit LLC
since 2024
Last sale
$3.2M
6 recorded transactions
Zoning & alternative use
OB · East Amherst, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.9M
+24.4%
Restaurant
$2.7M
+17.0%
Neighborhood: shopping center
$2.7M
+15.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Amherst submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,235,000
ML approach
$3,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,300,000
Current use
RETAIL STORES
$2,860,000
Change: +24% · Conversion: Moderate
RESTAURANT
$2,690,000
Change: +17% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,665,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,980,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$3.24M
Range $2.91M – $3.56M · ±10% · vs last sale $3.24M (Jun 7 2024)
Last sale anchor
$3.24M
Jun 7 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$164 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$3,033
Tax year 2019
Assessed value
$1,250,000
Assessed 2023
Previous assessed
$1,250,000
+0.0% YoY
Effective rate
0.24%
On assessed value
Assessed land
$345,000
Assessed improvement
$905,000
Land market value
$556,452
Improvement market value
$1,459,677
Total market value
$2,016,129
Applied tax rate
142,203.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
19,672 SF
Lot
0.86 ac (37,462 SF)
Zoning code
OB
APN
142289 57.09-1-6.2
UPID
US63-1351537
Jurisdiction
ERIE
Zoning & alternative use
OB · East Amherst, NY
Zoning OB · permitted uses
OB · East Amherst, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Amherst. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.3M
RETAIL STORES
Est. value
$2.9M
RESTAURANT
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING Current
RETAIL STORES
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Cooling
Yes
Stories
3
Buildings
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
8600 Transit LLC
Entity
Mailing address
5792 MAIN ST, WILLIAMSVILLE, NY 14221-5702
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2025
—
8600 Transit LLC
—
Deed
related
$1,328,000 · Empire State Certified Development Corpo
Jun 7, 2024
$3,235,000
8600 Transit LLC
Iskalo 8600 Transit LLC
Bargain And Sale Deed
$1,612,500 · Evans Bank NA
Dec 6, 2013
—
Iskalo 8600 Transit LLC
Town Of Amherst Industrial Dev
Quit Claim Deed
related
—
Aug 25, 2006
—
8620 Dcb LLC
—
Deed Of Trust
related
$1,000,000 · First Niagara Bank
Jul 20, 2005
—
Town Of Amherst Indl Dev Agcy
8600 Transit Road LLC
Grant Deed
related
—
—
—
8620 Dcb LLC
—
Deed Of Trust
related
$1,200,000 · First Niagara Funding INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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