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    Eastman Rd Syracuse, NY 13212

    Sponsored
    For Sale
    $2,500,000

    Exceptional development opportunity near I-481.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 11.69-acre commercial land parcel presents a unique investment opportunity in North Syracuse, NY. Ideally situated at the corner of Northern Boulevard and Eastman Road, this property boasts unparalleled visibility and accessibility, with over 1,000 feet of frontage along the I-481 on-ramp and highway. Its strategic location offers excellent exposure to traffic flowing north and south on I-481. The site is conveniently located just six miles from the Micron Chip Factory, providing proximity to a significant economic driver in the region. Furthermore, its close proximity to Syracuse Hancock International Airport, Route 90 (NY State Thruway), Route 81, and downtown Syracuse enhances its appeal. Utilities including water, sewer, gas, electric, and high-speed internet are readily available nearby. The property is offered for sale by owner, with an asking price of $2,500,000. The APN numbers are 312289-055.-01-20-0, 19.4, and 21.0. This prime location and substantial acreage make this an ideal site for a variety of commercial developments. Don't miss this chance to acquire a highly visible and strategically located property in a rapidly growing area.

    Property Features for 0 Eastman Rd

    General Information

    Property type
    Land
    Lot Size
    509,216 SF

    HighLights

    • High visibility, 11.69‑acre site directly adjacent to Interstate 481.
    • Highly accessible corner lot at the intersection of Route 481 and Northern Boulevard.
    • Only 6 miles from the Micron facility.
    • Conveniently located near Syracuse Hancock International Airport, NY State Thruway (Route 90), Route 81, and downtown Syracuse.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.08411844
    Latitude
    43.13939742

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    FAQs

    What type of property is this?
    Land - Exceptional development opportunity near I-481.
    Where is this land located?
    The property is located at Eastman Rd Syracuse, NY.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: High visibility, 11.69-acre site directly adjacent to Interstate 481.; Highly accessible corner lot at the intersection of Route 481 and Northern Boulevard.; Only 6 miles from the Micron facility.
    (315) 218-1130
    Request Owner's contact information
    Eastman Rd Syracuse, NY 13212
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    Eastman Rd
    Syracuse, NY 13212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Eastman Rd Syracuse, NY 13212
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