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6400 Yorktown Cir East Syracuse, NY 13057

Sponsored
For Sale
$3,400,000

2.43-acre site, ideal for hotel development.

Property size:
10,500 SF

Description

Added:
Dec 11, 2024
Days on Market:
397
This exceptional 2.43-acre commercial land parcel, located at 6400 Yorktown Circle in East Syracuse, NY (13057), presents a unique investment opportunity within the Carrier Circle Hotel Zone. The property offers approximately 10,500 to 11,500 square feet of buildable space and is strategically positioned to capitalize on the unprecedented surge in hospitality demand anticipated in the Syracuse area. This is driven by two major catalysts: the completion of the I-81 viaduct project, improving accessibility, and the construction of Micron Technology's $100 billion semiconductor manufacturing complex, just 11 miles to the north. Micron's project, the largest investment in New York State history, is expected to generate 9,000 jobs and attract 125,000 new residents over the next two decades, significantly boosting the need for hotel accommodations. The site's proximity to this economic powerhouse, coupled with the improved infrastructure resulting from the I-81 rerouting, makes it an exceptionally attractive location for a new hotel development. The asking price for this prime development site is $3,400,000. This represents a compelling investment opportunity with significant long-term growth potential in a rapidly expanding market. The property is currently for sale by owner.

Property Features for 6400 Yorktown Cir

General Information

Property type
Land
Square Feet
10,500 SF
Lot Size
105,851 SF

Building Details

Buildings
1

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Wholesale Shop Clothing Store Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
East Syracuse
County
Onondaga
State
New York
Longitude
-76.086391525381
Latitude
43.091431904767

FAQs

What type of property is this?
Land - 2.43-acre site, ideal for hotel development.
Where is this land located?
The property is located at 6400 Yorktown Cir East Syracuse, NY.
What is the asking price?
The asking price for this property is $3,400,000.
More about this property
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