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    3902 S Salina St Syracuse, NY 13205

    Sponsored
    For Sale
    Contact for pricing

    6,426 sq ft retail building, soon vacant, high traffic location.

    Property size:
    6,426 SF

    Description

    Added:
    Jan 27, 2025
    Days on Market:
    345
    This exceptional investment opportunity presents a 6,426 square foot retail building located at 3902 S Salina St, Syracuse, NY 13205. Currently occupied by Aaron's, the property will soon become vacant upon the expiration of their lease, offering significant potential for redevelopment or lease to a new tenant. The building sits on a 0.58-acre lot and enjoys a prime location along U.S. Highway 11, benefiting from high visibility and exposure to over 7,000 vehicles daily. This strategic position is further enhanced by its proximity to a variety of established national retailers, including Family Dollar, Dunkin' Donuts, Walgreens, Burger King, Little Caesars Pizza, AutoZone, and Dollar General, creating a strong retail synergy. The property's size and location make it ideal for a variety of retail uses. The current net operating income is $42,240. This presents a compelling opportunity for investors seeking a well-situated retail property in a thriving Syracuse market. The property consists of one unit. The lease with Aaron's has approximately 3.7 years remaining. This is a rare chance to acquire a property with significant upside potential in a high-traffic area.

    Property Features for 3902 S Salina St

    General Information

    Property type
    Other retail properties
    Square Feet
    6,426 SF
    Elevators
    N/A
    Lot Size
    25,265 SF
    Net Operating Income
    $42,240

    Building Details

    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 6,426 sq ft retail building on a 0.58‑acre lot in Syracuse, NY.
    • High‑traffic location on US Highway 11, exceeding 7,000 vehicles daily.
    • Strong tenant history with remaining lease term; ideal for investors.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    State
    New York
    Longitude
    -76.142568
    Latitude
    43.010433

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    FAQs

    What type of property is this?
    Other retail property - 6,426 sq ft retail building, soon vacant, high traffic location.
    Where is this other retail property located?
    The property is located at 3902 S Salina St Syracuse, NY.
    What are key features of this property?
    This property features: 6,426 sq ft retail building on a 0.58-acre lot in Syracuse, NY.; High-traffic location on US Highway 11, exceeding 7,000 vehicles daily.; Strong tenant history with remaining lease term; ideal for investors.
    (925) 348-1844
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    3902 S Salina St Syracuse, NY 13205
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    Syracuse, NY 13205
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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
    3902 S Salina St Syracuse, NY 13205
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