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    Smelkoff Rd Syracuse, NY 13209

    Sponsored
    For Sale
    $145,000

    1.55-Acre Development Site, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.55-acre commercial development parcel is ideally situated on the corner of State Fair Boulevard and Smelkoff Road in Lakeland, New York. Zoned Commercial B by the Town of Geddes, this property offers a prime opportunity for retail or office development, or even a family daycare center. Boasting 304 feet of frontage on State Fair Boulevard, the location provides unparalleled visibility and accessibility. Its proximity to the New York State Fairgrounds and St. Joseph's Health Amphitheater at Lakeview is a significant advantage, given the combined annual attendance of over 2.3 million visitors for more than 300 events. The site benefits from convenient access to Interstates 690 and 90 (NYS Thruway), ensuring excellent connectivity. Furthermore, the property enjoys the advantage of low-cost power supplied by Solvay Electric. High daily traffic counts are observed on nearby I-690 (57,142), NYS-695 (47,279), and State Fair Boulevard (6,209), significantly increasing during major events like the New York State Fair, Syracuse Nationals, and various concerts and shows. The property's Assessed Parcel Number (APN) is 313289-024-000-00007-004-002-0000. The asking price for this remarkable opportunity is $145,000.

    Property Features for 0 Smelkoff Rd

    General Information

    Property type
    Land
    Lot Size
    67,518 SF

    HighLights

    • 1.55‑acre commercial parcel zoned Commercial B in Lakeland, NY.
    • Ideal for retail or office development.
    • 304 feet of frontage on State Fair Boulevard.
    • Half‑mile from the New York State Fairgrounds.
    • Low‑cost Solvay Electric power.
    • Convenient access to I‑690 and I‑90.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.235397167401
    Latitude
    43.08473122266

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    FAQs

    What type of property is this?
    Land - 1.55-Acre Development Site, High Traffic
    Where is this land located?
    The property is located at Smelkoff Rd Syracuse, NY.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: 1.55-acre commercial parcel zoned Commercial B in Lakeland, NY.; Ideal for retail or office development.; 304 feet of frontage on State Fair Boulevard.
    (315) 218-1130
    Request Owner's contact information
    Smelkoff Rd Syracuse, NY 13209
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    Syracuse, NY 13209
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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
    Smelkoff Rd Syracuse, NY 13209
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