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    4591 State Rte 31 Hwy Clay, NY 13041

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    For Lease
    $21 SF/Yr

    New office/retail building with build-to-suit options near Micron.

    Lot size:
    2.50 Acres

    Property Features for 4591 State Rte 31 Hwy

    General Information

    Lot size
    2.50 Acres

    Building Details

    Year built
    2023

    Source: Syracuse Realty Group Agent Michael Arcuri

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

    Overview

    Office/Retail Building Near Micron Site

    A two-story office and retail building is planned for construction at the corner of State Route 31 and Henry Clay Boulevard, approximately one mile from the new Micron site. Build-to-suit options are available, ranging from 1,800 to 6,200 square feet, suitable for office, medical, and retail tenants. The building will include an elevator and common bathrooms. Second-floor office suites will feature balconies. The building will be situated within a planned district development that includes 96 residential apartments and 35,000 square feet of retail, office, and medical space.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Clay
    County
    Onondaga
    State
    New York
    Longitude
    -76.1924
    Latitude
    43.1873

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    FAQs

    What type of property is this?
    Office space - New office/retail building with build-to-suit options near Micron.
    Where is this office space located?
    The property is located at 4591 State Rte 31 Hwy Clay, NY.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Prime location: Corner of State Route 31 and Henry Clay Boulevard, near the new Micron Site.; - Build-to-suit options: 1800 s/f to 6200 s/f available for office, medical, or retail use.; - Part of a planned district development: Includes 96 residential apartments and 35,000 s/f of retail, office, and medical space.
    (315) 410-0373
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    4591 State Rte 31 Hwy Clay, NY 13041
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    Clay, NY 13041
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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
    4591 State Rte 31 Hwy Clay, NY 13041
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