Amherst, NY
Commercial Real Estate Market Trends & Data

$209 Avg asking sale price
$2,855 Avg asking lease rate
31,268 SF Avg unit lease size
22,065 SF Avg building size for sale
7.29% Average cap rate

Amherst's Demographic Profile

Amherst has 60,254 households and a median income of $85,878, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 151,549
# Households 60,254
Median age 40
Median household income $85,878
Avg household size 2.0
Renter-occupied housing units 19,122
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Amherst, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Amherst $133 10,934 SF 8.57%
Getzville $192 14,166 SF 7.75%
East Amherst $132 10,514 SF 7.75%
Eggertsville $138 11,772 SF 8.57%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Amherst $121 21,414 SF 8.04%
Getzville $148 14,437 SF 8.04%
East Amherst $145 11,292 SF 8.04%
Nearby Retail Markets Avg Cost/SF Typical Size
Amherst $164 16,043 SF
East Amherst $135 10,015 SF
Williamsville $3 31,728 SF
Eggertsville $239 2,739 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Snyder $10 120,526 SF 7.34%
Tonawanda $203 55,080 SF 6.52%
Buffalo $152 45,355 SF 8.21%
Town Of Tonawanda $254 50,030 SF 6.52%

Commercial Properties For Sale in Amherst

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

7158 Transit Rd

Buffalo, NY 14221

  • 5,518 SF Retail Building
  • $950,000
For Sale

2099 Niagara Falls Blvd

Amherst, NY 14228

  • 5,544 SF Office Building
  • $1,200,000
For Sale

2533 Sheridan Dr

Tonawanda, NY 14150

  • 4,380 SF Office Building
  • $400,000
For Sale

838 Niagara Falls Blvd

Buffalo, NY 14223

  • 4,280 SF Retail Building
  • $599,000
For Sale

1815 Eggert Rd

Buffalo, NY 14226

  • 2,656 SF Retail Building
  • $499,000
For Sale

STNL KeyBank (S&P "BBB")Top 6% Deposits in US

Tonawanda, NY 14150

  • 6,656 SF Retail Building
  • 5.85% Cap Rate
  • $1,865,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Amherst pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Amherst $209 22,065 SF
Getzville $124 15,743 SF
East Amherst $143 9,965 SF
Williamsville $62 21,735 SF
Eggertsville $613 6,908 SF

Regional Demographic Comparison

This comparison places Amherst alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Amherst or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Amherst 151,549 60,254 40 $85,878 2 19,122 1%
East Amherst 22,284 8,520 46 $120,472 3 1,465 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Amherst, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Amherst

View All Commercial Real Estate For Sale in Amherst
Is Amherst a good market for a first-time commercial real estate investor?

Amherst offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Amherst?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Amherst. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Amherst?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Amherst. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Amherst compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Amherst. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Amherst acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Amherst, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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