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Property profile & analytics
FOR LEASE
Investment properties

9450 Transit Rd East Amherst, NY 14051

8,000 SF 4.73 ac lot Built 1962
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US63-0224813
Property summary
AI-generated overview

This exceptional 5-acre commercial development site in East Amherst, NY (14051), boasts 178 feet of frontage on heavily trafficked Transit Road (27,296 daily vehicles). The property includes a 2-story, 8,000+/- square foot building currently occupied by a health and fitness center, offering potential for lease or redevelopment. An additional approximately 2 acres of usable land is available in front of the existing building, ideal for ground lease or build-to-suit opportunities ranging from 1,000 to 4,800 contiguous square feet, with a maximum buildable area exceeding 16,000 square feet. The site's zoning allows for retail, restaurant, and office uses, including medical offices. Its prime location between Casey and North French Roads, near major shopping centers like Transit-Wehrle Retail Center, Tops Plaza, and Eastern Hills Mall, ensures high visibility and strong potential for attracting a diverse clientele. The property's proximity to Clarence, Amherst, Pendleton, and Lockport expands its market reach. The existing building features 4,800+/- square feet on the first floor and a 3,200+/- square foot mezzanine, totaling 8,000+/- square feet. The site is also adjacent to a fully leased apartment complex. This is a rare opportunity to acquire a high-traffic, versatile commercial property in a thriving area.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1962
Total area 8,000 SF
Lot 4.73 ac (206,039 SF)
APN 142289 43.05-5-9
UPID US63-0224813
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
  • Platinum Health & Fitness Gym & Fitness Center
  • Natural Physical Therapy of East Amherst Physician
  • Hearts for the Homeless Charitable Organization
  • Julie M. Wolfley, PT, DPT, OCS Physician
  • Cardio Physical Therapy PLLC Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Fox Crk Estates II LLC · 12 yrs held
Fox Crk Estates II LLC
since 2013
5 recorded transactions
2013
$70,000
2010
Price N/A
2010
$280,000
2006
$285,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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