Retail Space For
3130 Erie Blvd E, Dewitt, NY 13214
For Sale
Contact for pricing
Retail space available, offering 18,961 square feet.
Property Size18,961 SF
Price / SF$139.76
Days on Market270
Property Features for 3130 Erie Blvd E
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Investment Type
Net Operating Income
Building Details
Year Built
Tenancy
Listing Agency:
SURMOUNT
Listed By:
Glen Kunofsky · License NY 49KU1129178
(332) 345-4222
Source:
Crexi
Added: Feb 18
Changed: Nov 11
Last Checked: Nov 12 at 5:48AM
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 SURMOUNT
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space offers 18,961 square feet. The property is being offered for sale as a commercial real estate opportunity.
Key Highlights
- 6.25% CAP Rate
- Retail Property
- Substantial 18,961 SqFt
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$167,841
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,356,820
$3.4M
Cap Rate 7%
$2,397,729
$2.4M
Cap Rate 9%
$1,864,900
$1.9M
Market Conditions
NOI Build-Up for 18,961 SF
Gross rent
$250.3K $13.20/SF
− Vacancy
−$10.5K −$0.55/SF
EGI
$239.8K $12.65/SF
− OpEx
−$71.9K −$3.79/SF
NOI
$167.8K $8.85/SF
Area
Syracuse, NY
Vacancy
4.20%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,356,820
Cap Rate 7%
$2,397,729
Cap Rate 9%
$1,864,900
Alternative Uses
Best Use
Retail
$2.40M
$2.10M – $2.80M
NOI $167,841 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.30M
$2.88M – $3.84M
NOI $230,663 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
523
Businesses Nearby
222k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 35%
Apparel 7%
Home Improvements & Furnishings 4%
Dollar Tree
Shops & Services
28,344 visits/mo
0.0 miles
McDonald's
Dining
22,079 visits/mo
0.4 miles
Texas Roadhouse
Dining
21,922 visits/mo
0.1 miles
Ollie's Bargain Outlet
Shops & Services
17,120 visits/mo
0.1 miles
Olive Garden
Dining
16,755 visits/mo
0.2 miles
Demographics for 13214, NY
9,072
Population
3,417
Households
2.7
Avg Household Size
35
Median Age
52%
College-Educated
95%
High-School Grad
3.5 sq mi
ZIP Area
2,592
Density / Sq Mi
$93,200
Median Household Income
$34,909
Median Earnings
$998
Median Rent
$218,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Onondaga County, NY
Properties on Market for Retail space in Onondaga County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available, offering 18,961 square feet.
Where is this retail space located?
The property is located at 3130 Erie Blvd E Dewitt, NY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 6.25% CAP Rate; Retail Property; Substantial 18,961 SqFt
