Mixed-Use Commercial
For Sale
$1,650,000
314 Lakeside Road, Geddes, NY 13209
Commercial, office, and manufacturing zoning supports a range of mixed-use applications.
Property Size13,221 SF
Price / SF$124.80
Days on Market601
Property Features for 314 Lakeside Road
General Information
Standard status
Active
Size
13,221 SF
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$30,758
Building Details
Building Size
13,221 SF
Year Built
1974
Listing Agency:
Rooftop Realty Group LLC
Listed By:
Andrea Sardo · License #10401316786
(315) 560-3005
Source:
Griffith-realty
Added: Mar 7, 2025
Changed: Oct 25
Last Checked: Oct 28 at 4:52PM
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 Rooftop Realty Group LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains 13,221 square feet and was constructed in 1974. The site is designated for Commercial/Office/Manufacturing use, providing a combination of commercial and industrial-oriented zoning within one asset.
Located at 314 Lakeside Rd in Syracuse, NY, the property is classified as mixed-use commercial real estate. Its zoning and existing classification support consideration for office, commercial, manufacturing, industrial, or special-purpose applications, subject to applicable requirements.
Located at 314 Lakeside Rd in Syracuse, NY, the property is classified as mixed-use commercial real estate. Its zoning and existing classification support consideration for office, commercial, manufacturing, industrial, or special-purpose applications, subject to applicable requirements.
Key Highlights
- 13,221 SF mixed‑use commercial property
- Commercial/Office/Manufacturing zoning
- Constructed in 1974
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,169
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,543,380
$2.5M
Cap Rate 7%
$1,816,700
$1.8M
Cap Rate 9%
$1,412,989
$1.4M
Market Conditions
NOI Build-Up for 13,221 SF
Gross rent
$198.3K $15.00/SF
− Vacancy
−$28.8K −$2.18/SF
EGI
$169.6K $12.83/SF
− OpEx
−$42.4K −$3.21/SF
NOI
$127.2K $9.62/SF
Area
Syracuse, NY
Vacancy
14.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,543,380
Cap Rate 7%
$1,816,700
Cap Rate 9%
$1,412,989
Alternative Uses
Best Use
Office B
$1.82M
$1.59M – $2.12M
NOI $127,169 @ 7.0% cap · market cap 7.71%
Second Best
Mixed Use
$1.69M
$1.48M – $1.98M
NOI $118,592 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$2.30M
$2.01M – $2.68M
NOI $160,835 @ 7.0% cap · market cap 9.75%
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
173
Businesses Nearby
Explore this area
Business Placement
Demographics for 13209, NY
13,018
Population
6,374
Households
2
Avg Household Size
43
Median Age
29%
College-Educated
92%
High-School Grad
13.1 sq mi
ZIP Area
994
Density / Sq Mi
$67,307
Median Household Income
$44,812
Median Earnings
$968
Median Rent
$146,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial, office, and manufacturing zoning supports a range of mixed-use applications.
Where is this mixed-use property located?
The property is located at 314 Lakeside Road Geddes, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 13,221 SF mixed‑use commercial property; Commercial/Office/Manufacturing zoning; Constructed in 1974
