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    Bank with Drive-Thru and Parking Title is generated by Realmo AI

    6004 Court St Rd, Syracuse, NY

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    Bank with drive-thru, storage, basement, parking, and high traffic.

    Type:RETAIL
    Property size:
    2,187 SF
    Lot size:
    113.53 Acres
    Price / SF:
    $182/SF
    Added:
    Nov 5, 2024
    Days on Market:
    590
    Last Refresh:
    May 20 at 8:26 pm

    Property Features for 6004 Court St Rd

    General Information

    Standard status
    Active
    Size
    2,187 SF
    Lot size
    113.53 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 6004 Court St Rd Contact us

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    Listing Contact
    Kenneth Tyminski
    Kenneth Tyminski

    Listing agent Kenneth Tyminski License #30TY0923669

    Listing office Sutton Real Estate Company - Corporate

    Listing date Nov 5, 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 Sutton Real Estate Company - Corporate

    HighLights

    • High traffic corner location, less than 1/2 mile from NYS thruway
    • 75+/- car parking
    • Large lot with drive‑thru
    • 2,187 SF bank
    • Finished basement under bank
    • Zoned COM 1

    Overview

    This property features a 2,187-square-foot bank building and a 1,404-square-foot former garage or storage area. The bank includes a finished basement. Zoned COM 1, the property offers parking for 75 or more cars. It is located on a high-traffic corner lot less than half a mile from the New York State Thruway and includes a large lot with a drive-thru.

    Local Financial Insights For Specialty 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 $30.2k $13.80
    − Vacancy −$1.2k −$0.55
    EGI $29.0k $13.25
    − OpEx −$7.2k −$3.31
    NOI $21.7k $9.94
    2,187 SF · lease $13.80/SF/yr · vacancy 4.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $310.4K
    $271.6K – $362.2K (±1% cap)
    NOI $21,730 @ 7.0% cap · market cap 5.43%
    Second Best
    Retail
    $276.6K
    $242.0K – $322.7K (±1% cap)
    NOI $19,359 @ 7.0% cap · market cap 4.84%
    Theoretical Best
    Office A
    $380.1K
    $332.6K – $443.4K (±1% cap)
    NOI $26,605 @ 7.0% cap · market cap 6.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1027
    Latitude
    43.0815

    FAQs

    What type of property is this?
    Bank - Bank with drive-thru, storage, basement, parking, and high traffic.
    Where is this bank located?
    The property is located at 6004 Court St Rd Syracuse, NY.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: High traffic corner location, less than 1/2 mile from NYS thruway; 75+/- car parking; Large lot with drive‑thru
    (315) 243-4678 Call to check price and availability
    More about this property
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