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    Property profile & analytics

    8898 Transit Rd East Amherst, NY 14051-1873

    • Office buildings
    • 2,237 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Last Sale
    Apr 26, 2024
    $485,000
    Location Intelligence
    Property ID
    US63-1974424
    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

    • prime logistic solutions / Transportation Service
    • Tesmer Builders Inc / Home Builder

    Property Details for 8898 Transit Rd

    Year built
    1986
    Lot size
    0.34 lot acres
    Property size
    2,237 SF
    Property type
    Office buildings
    APN
    142289 43.17-2-2
    APU
    142289431722

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $485,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $500,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $545,000
      Geo Method
      $565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $485,000
      Retail
      $445,000
      Mixed-Use
      $550,000
      Hospitality
      $525,000
      Educational
      $475,000
      Residential Income
      $470,000
      Energy
      $445,000
      Income-Based Land
      $520,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    East Amherst
    County
    Erie
    State
    New York
    Longitude
    -78.6974
    Latitude
    43.0109
    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
    $7,066
    $140,000
    $110,000
    $250,000
    -
    $225,807
    $177,419
    $403,226

    Comparable in this City

    • Value Estimation
      $390,000
      3,684 SF

      8610 Transit Rd Ste, Unit 200

      OFFICE BUILDING • 3,684 SF
      8610 Transit Rd Ste, East Amherst, NY 14051-2612
      View Details
    • Value Estimation
      $325,000
      4,816 SF

      9820 Transit Rd

      OFFICE BUILDING • 4,816 SF
      9820 Transit Rd, East Amherst, NY 14051
      View Details
    • Value Estimation
      $435,000
      6,444 SF

      8610 Transit Rd

      OFFICE BUILDING • 6,444 SF
      8610 Transit Rd, East Amherst, NY 14051-2612
      View Details
    • Value Estimation
      $290,000
      1,370 SF

      6745 Transit Rd

      OFFICE BUILDING • 1,370 SF
      6745 Transit Rd, East Amherst, NY 14051-1485
      View Details
    • Value Estimation
      $315,000
      7,550 SF

      8770 Transit Rd

      OFFICE BUILDING • 7,550 SF
      8770 Transit Rd, East Amherst, NY 14051-1786
      View Details
    • Value Estimation
      $310,000
      2,205 SF

      9736 Transit Rd

      PROFESSIONAL BUILDING • 2,205 SF
      9736 Transit Rd, East Amherst, NY 14051-1311
      View Details

    Similar Nearby for Sale

    • $1,150,000

      Transit Road Office Building

      9,516 SF office building with high visibility and accessibility.
      8625 Transit Rd, East Amherst, NY 14051
      View Details
    • $896,000

      Transit Road Commercial Opportunity

      Commercial property with office space and storage building on Transit Road.
      6399 Transit Rd, East Amherst, NY 14051
      View Details
    • $349,000

      Transit Road Commercial Property For Sale

      Remodeled commercial property on Transit Road, ideal for office/retail.
      11500 Transit Rd, East Amherst, NY 14051
      View Details
    • $74,900

      Vacant Treed Lot For Sale

      Vacant treed lot with riparian rights and 174' frontage.
      3780 Tonawanda Creek Rd, Amherst, NY 14051
      View Details
    • Contact for pricing

      Lancaster Vacant Commercial Land

      Vacant commercial land in Lancaster, NY, approximately 3.67 acres.
      1152 Town Line Rd, Lancaster, NY 14051
      View Details
    • Contact for pricing

      Commercial Land on Casey Road

      1.4 acres of commercial land with high traffic volume.
      9290 Transit Rd, East Amherst, NY 14051
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo
      3,112 SF

      Remodeled Office Building in East Amherst

      Premium remodeled office space in a vibrant business park.
      6483 Transit Rd, East Amherst, NY 14051
      View Details
    • $17 SF/Yr

      Transit Road Retail/Office Space

      1,420 SF retail/office space in high-traffic Transit Valley Plaza.
      5853 Transit Rd, East Amherst, NY 14051
      View Details
    • Contact for pricing

      Transit Road Professional Office Space

      Professional office space with excellent visibility and ample parking.
      6161 Transit Rd, East Amherst, NY 14051
      View Details
    • Contact for pricing
      1,200 SF

      Move-in Ready Office Space

      Built-out office space for rent in East Amherst, NY.
      9370-9392 Transit Rd, East Amherst, NY 14051
      View Details
    • $22 SF/Yr
      6,800 SF

      6465 Transit Rd

      Office Properties & Spaces • 6,800 SF
      6465 Transit Rd, East Amherst, NY 14051
      View Details
    • $240 SF/Yr
      6,700 SF

      Transit Road Retail Space

      East Amherst, NY retail opportunity
      6035 Transit Rd, East Amherst, NY 14051
      View Details

    Property Visit Statistics

    • Visits by month
      11.1k
    • Visitors by month
      8.0k
    • Avg Time on site
      12 min
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    East Amherst, NY 14051-1873
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    Realmo Value Estimation

    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.

    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.

    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
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