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    316 Fayette St Manlius, NY 13104

    Sponsored
    For Sale
    $995,000

    Prime Commercial Land, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.47-acre commercial land parcel, located at 316 Fayette Street in Manlius, New York (zip code 13104), presents a unique investment opportunity. Situated in Onondaga County, this property boasts a substantial 64,033 square foot lot with significant frontage of 369 feet along Fayette Street. The property is zoned for commercial use, making it ideal for a wide range of development projects. Its strategic location ensures high visibility and accessibility, benefiting from a daily traffic count exceeding 27,000 vehicles. This translates to significant exposure for any business established on the site. The asking price for this prime commercial land is $995,000. Given its size, zoning, and location, this property offers considerable potential for substantial return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel presents. The property's coordinates are latitude 43.00511 and longitude -75.9829937. This is a rare opportunity to acquire a sizable commercial lot in a thriving New York community.

    Property Features for 316 Fayette St

    General Information

    Property type
    Land
    Lot Size
    64,033 SF

    HighLights

    • 1.47‑acre commercial land parcel (64,033 SF lot) in Manlius, NY.
    • Commercial zoning.
    • 369 feet of frontage on Fayette Street.
    • Daily traffic count exceeding 27,000 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Manlius
    County
    Onondaga
    State
    New York
    Longitude
    -75.9829937
    Latitude
    43.00511

    Nearby Comparable

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    Nearby Similar for Sale

    • $475,000

      Fayetteville Office & Warehouse Space

      Well-maintained office and warehouse in Fayetteville, approximately 4,200 square feet.
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    • $350,000

      Crop Storage Facility on Acreage

      Farm property with a 20,000 SF storage facility.
      4426 Pompey Center Rd, Manlius, NY 13104
      View Details
    • $485,000
      4,836 SF

      Office Building Near Swan Pond

      Office building with tenants and high exposure location.
      216 Fayette St, Manlius, NY 13104
      View Details
    • $980,000
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      Manlius Multi-Building Commercial Property

      Thriving mixed-use complex, 16,314 sq ft, 3.88 acres.
      604 Seneca St, Manlius, NY 13104
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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic Area
    Where is this land located?
    The property is located at 316 Fayette St Manlius, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: 1.47-acre commercial land parcel (64,033 SF lot) in Manlius, NY.; Commercial zoning.; 369 feet of frontage on Fayette Street.
    Request Owner's contact information
    316 Fayette St Manlius, NY 13104
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    Manlius, NY 13104
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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
    316 Fayette St Manlius, NY 13104
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