Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3728 State Rte 31 Liverpool, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail site available at signalized intersection in Clay's retail corridor.

    Type:LAND
    Lot size:
    4.60 Acres
    Added:
    May 8, 2024
    Days on Market:
    717
    Last Refresh:
    Apr 5 at 11:15 pm

    Property Features for 3728 State Rte 31

    General Information

    Standard status
    Active
    Lot size
    4.60 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 3728 State Rte 31 Contact us

    We can help!

    Listing Contact
    Patrick V. Agen

    Listing agent Patrick V. Agen

    Listing office Pavia Real Estate Services

    Listing date May 8, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Pavia Real Estate Services

    Overview

    Prime Retail Site For Rent

    A prime retail site is available for rent at a signalized intersection within Clay’s Regional Retail Corridor. The property benefits from full access on Route 31, with major off-site improvements already completed. Davidson Ford is also located on this Route 31 property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Liverpool
    County
    Onondaga
    State
    New York
    Longitude
    -76.2545
    Latitude
    43.1816

    Nearby Similar for Lease

    • $14 SF/Yr

      Turnkey Commercial Space Available

      Versatile 1,200 sq ft space ideal for retail or office.
      634 Old Liverpool Rd, Liverpool, NY 13088
      View Details
    • Contact for pricing

      Former KFC on Oswego Rd

      High-traffic location near Wegmans and Target, ideal for retail.
      7601 Oswego Rd, Liverpool, NY 13090
      View Details
    • Contact for pricing

      Former KFC in Liverpool-Clay Hub

      High-traffic location near Wegmans, Target, and major highways.
      7601 Oswego Rd, Liverpool, NY 13090
      View Details
    • Contact for pricing

      Class A Office Suites Available

      Modern office suites with ample natural light near major highways.
      225 Greenfield Parkway, Liverpool, NY, 13088
      View Details
    • Contact for pricing

      Prime Pad Sites for Lease

      Ground lease or build-to-suit pad sites near I-90.
      7192 Oswego Rd, Liverpool, NY 13090
      View Details
    • Contact for pricing

      Liverpool Medical Office Suites Available

      Highly visible medical office suites for lease in Liverpool, NY.
      5100 West Taft Road, Liverpool, NY, 13088
      View Details
    • Contact for pricing

      First Republic Office Park Space

      Office space available in Liverpool, NY with highway access.
      445 Electronics Parkway, Liverpool, NY, 13088
      View Details
    • Contact for pricing

      Commercial Land Near Retail Center

      Land available for ground lease or build to suit.
      3884 State Route 31, Liverpool, NY 13090
      View Details
    • Contact for pricing

      Industrial Warehouse Space Available

      18,900 SF warehouse with heavy power and loading docks.
      1111 Vine St, Liverpool, NY
      View Details
    • $2,500/Mo

      Industrial Land Near Micron Plant

      7+ acres of industrial land near Amazon and Micron.
      4574 Buckley Rd, Liverpool, NY
      View Details
    • Contact for pricing

      Liverpool Industrial Space for Lease

      Multiple industrial buildings on 7.5 acres in Liverpool, NY.
      4522 Wetzel Rd, Liverpool, NY 13090
      View Details
    • Contact for pricing

      Liverpool Industrial Facility For Lease

      169,220 SF industrial facility on 27.752 acres available for lease.
      4577 Buckley Rd, Liverpool, NY
      View Details

    FAQs

    What type of property is this?
    Commercial land - Retail site available at signalized intersection in Clay's retail corridor.
    Where is this commercial land located?
    The property is located at 3728 State Rte 31 Liverpool, NY.
    What is the lease rate?
    The lease rate is $7,500 /Mo.
    What are key features of this property?
    This property features: Prime retail site in Clay’s Regional Retail Corridor; Signalized intersection location; Full access on Route 31
    (315) 736-1555 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Patrick V. Agen
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!