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    5962 Rte, Unit 31 Cicero, NY

    For Lease
    Contact for pricing

    Prime retail location near Micron Technologies with strong co-tenants.

    Property size:
    1,850 SF
    Lot size:
    8.81 Acres

    Property Features for 5962 Rte

    General Information

    Size
    1,850 SF
    Lot size
    8.81 Acres

    Source: Venture Brokerage Group Agent Valerie Vincent

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Micron Project

    This retail space is located on Route 31, just off Interstate 81, in the main retail corridor. The property is situated approximately 0.5 miles from Interstate 81 and less than 3 miles west of the new Micron Technologies project, a $100 billion development expected to transform the area and bring approximately 500,000 new jobs. The location benefits from signalized access shared with the neighboring Cicero-North Syracuse High School, placing it within walking distance. Strong co-tenants such as Aldi and Dollar Tree are present. The property offers excellent visibility, with pylon and monument signage available. The property size is 1850 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Cicero
    County
    Onondaga
    State
    New York
    Longitude
    -76.0739999
    Latitude
    43.1758248

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    FAQs

    What type of property is this?
    Strip mall - Prime retail location near Micron Technologies with strong co-tenants.
    Where is this strip mall located?
    The property is located at 5962 Rte, Unit 31 Cicero, NY.
    What are key features of this property?
    This property features: - Prime location on Route 31, just off Interstate 81 in the main retail corridor.; - Excellent visibility with pylon and monument signage available.; - Strong co-tenants such as Aldi and Dollar Tree.
    (315) 663-8827
    Request Owner's contact information
    5962 Rte, Unit 31 Cicero, NY
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    Cicero, NY
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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
    5962 Rte, Unit 31 Cicero, NY
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