515 Horan Rd, Syracuse, NY
Retail property available for sale in Syracuse, New York.
- Added:
- May 29, 2025
- Days on Market:
- 402
- Last Refresh:
- May 19 at 10:27 pm
Property Features for 515 Horan Rd
General Information
- Standard status
- Active
- Size
- 8,496 SF
- Lot size
- 11.11 Acres
- Property subtype
- RETAIL
Listing office Bridgeway Commercial Realty | Syracuse (315) 430-0443
Listing date May 29, 2025
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 Bridgeway Commercial Realty | Syracuse
HighLights
- Retail property available for sale.
- Located in Syracuse, New York.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.1k | $13.20 |
| − Vacancy | −$4.7k | −$0.55 |
| EGI | $107.4k | $12.65 |
| − OpEx | −$32.2k | −$3.79 |
| NOI | $75.2k | $8.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.2326
- Latitude
- 43.059
