This exceptional commercial property, located at 1417 Valley Dr, Syracuse, NY, presents a unique investment opportunity. The 11,320+/- square foot building sits on a sizable 0.76+/- acre lot, measuring 200' x 165', and includes a fenced yard. The property boasts a versatile layout, featuring 9,840+/- square feet of warehouse/flex space and 1,480+/- square feet of retail space, complemented by additional upstairs space. Significant recent improvements enhance this property's value and functionality. These include a new 400-amp, three-phase electrical service, new water lines for both building use and the sprinkler system, and a comprehensive new wet sprinkler system throughout. The upstairs office/workspace/storage area has undergone a complete renovation, featuring new insulation, wiring, sheetrock, windows, HVAC system, and bathroom. The ground floor front office area also received a complete overhaul, including new framing, insulation, wiring, plumbing, two ADA-compliant bathrooms, all new lighting and fixtures, a new HVAC system, two hot water heaters, and two mop sinks. Further upgrades include a new alarm and fire monitoring system, three new HVAC units, all new LED lighting throughout, new front entrance windows and door, and three new exterior steel doors. The upstairs office area also features a new rubber roof. While an auto repair business currently occupies the space, and its shop equipment is available for separate purchase, this sale is for the real estate only. This property offers significant potential for a variety of commercial uses.
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1417 Valley Dr Syracuse, NY 13207
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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.
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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.
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1417 Valley Dr Syracuse, NY 13207
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1417 Valley Dr, Syracuse, NY
Thomas Lischak
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