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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Investment properties
9424 Transit Rd East Amherst, NY 14051-2216
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US63-5166972
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2006
Total area
7,731 SF
Lot
1.1 ac (47,916 SF)
Zoning code
GB
APN
142289 43.05-5-10.1
UPID
US63-5166972
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
-
Vein Treatment Center Medical Clinic Hospital
-
Vigor and Vitality Fitness Coaching Gym & Fitness Center
-
Vanessa Huffman Physician
-
Capello Salon & Spa Hair Salon
-
Joan J. Buckmaster, LMT Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$869k
Blend (final)
Blend
$1.03M
Owner & transaction history
9424 Transit Road LLC · 19 yrs held
9424 Transit Road LLC
since 2006
7 recorded transactions
Zoning & alternative use
GB · East Amherst, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+75.6%
Restaurant
$1.1M
+65.1%
Neighborhood: shopping center
$1.0M
+63.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$640,000
Current use
RETAIL STORES
$1,125,000
Change: +76% · Conversion: Easy
RESTAURANT
$1,055,000
Change: +65% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,045,000
Change: +64% · Conversion: Difficult
OFFICE BUILDING
$905,000
Change: +41% · Conversion: Easy
AUTO REPAIR, GARAGE
$775,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10%
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
$133 / 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
$33,044
Tax year 2019
Assessed value
$1,120,000
Assessed 2023
Previous assessed
$1,120,000
+0.0% YoY
Effective rate
2.95%
On assessed value
Assessed land
$415,000
Assessed improvement
$705,000
Land market value
$669,355
Improvement market value
$1,137,097
Total market value
$1,806,452
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
7,731 SF
Lot
1.1 ac (47,916 SF)
Zoning code
GB
APN
142289 43.05-5-10.1
UPID
US63-5166972
Jurisdiction
ERIE
Zoning & alternative use
GB · East Amherst, NY
Zoning GB · permitted uses
GB · 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
COMMERCIAL (GENERAL) Current
Est. value
$640,000
RETAIL STORES
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
OFFICE BUILDING
Est. value
$905,000
AUTO REPAIR, GARAGE
Est. value
$775,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2006
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
9424 Transit Road LLC
Entity
Mailing address
9424 TRANSIT RD, EAST AMHERST, NY 14051-2216
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2016
—
9424 Transit Road LLC
—
Deed
related
$114,372 · M&t Bk
Oct 19, 2006
—
9424 Transit Road LLC
Joseph Freitas
Quit Claim Deed
related
$600,000 · Empire State Certified Development
—
—
9424 Transit Road LLC
—
Deed Of Trust
related
$184,000 · First Niagara Bk
—
—
9424 Transit Road LLC
—
Loan Modification
related
$750,000 · First Niagara Bk
—
—
9424 Transit Road LLC
—
Deed Of Trust
related
$114,372 · M&t Bk
—
—
9424 Transit Road LLC
—
Loan Modification, Consolidation And Extension
related
$1,250,000 · M&t Bk
—
—
9424 Transit Road LLC
—
Deed Of Trust
related
$619,000 · Empire St Certified Dev
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.
Try Rey
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