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Bank with Drive-Thru and Parking
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6004 Court St Rd, Syracuse, NY

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

Property Size2,187 SF
Lot Size113.53 Acres
Price / SF$182.90
Days on Market638

Property Features for 6004 Court St Rd

General Information

Standard status Active
Size 2,187 SF
Lot size 113.53 Acres
Property subtype RETAIL
Listing Agency: Sutton Real Estate Company - Corporate
Listed By: Kenneth Tyminski · License #30TY0923669
Source: Moodyscre
Added: Nov 5, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:50AM

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

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • High traffic corner location, less than 1/2 mile from NYS thruway
  • 75+/- car parking
  • Large lot with drive‑thru

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 authorities.

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Dental Office Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

479
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Napa Auto Parts Shops & Services
2,708 visits/mo 0.2 miles
Interstate Batteries Shops & Services
969 visits/mo 0.5 miles

Market

Vacancy Rate% for Retail in Syracuse, NY

6.2% 2021
5.9% 2022
6.5% 2023
4.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

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
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