4125 Transit RdWilliamsville, NY 14221
- Investment properties
- 5,084 SF
Property Details for 4125 Transit Rd
- Year built
- 1974
- Lot size
- 0.51 AC
- Property size (Sq ft)
- 5,084 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 143200 82.01-1-32
- APU
- 1432008201132
Description
This exceptional investment opportunity presents a stabilized Class B shopping center located at 4125 Transit Rd, Williamsville, NY 14221. The property, known as THE POM PLAZA, boasts a total of 5,084 square feet across three diverse tenants, all under a net lease with a remaining term of two years. Built in 1974 and renovated in 2015, the single-story building sits on a 22,216 square foot lot and offers ample parking with 35 spaces. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $96,012, resulting in a current cap rate of 6.86%. Pro-forma NOI is projected at $108,000, yielding a 7.71% cap rate. The asking price is $1,400,000, representing a compelling investment in a strong retail market. The property features a fee simple ownership and is situated in a high-traffic area of Williamsville, offering excellent visibility and accessibility. The existing leases provide a stable income stream, with potential for future revenue growth through lease renewals or expansion. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a desirable location. APN: 82-010-0001-032-000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,143,575
- 6.5%
- $1,055,608
- 7%
- $980,207
-
Comparable approach
- Method
- Valuation
- Relative Method
- $753,895
- Geo Method
- $495,743
-
Alternative Use
- Use
- Valuation
- Residential
- $1,055,608
- Hospitality
- $966,931
- Educational
- $804,475
- Medical
- $832,142
- Retail
- $1,251,406
Location Insight
- City
- Buffalo
- County
- Erie
- State
- New York
- Latitude
- 42.9598
- Longitude
- -78.6964
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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