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    501 State Fair Blvd Syracuse, NY 13204

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    For Sale
    Contact for pricing

    Prime Industrial Land, Excellent Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial land offering presents a unique investment opportunity in Syracuse, New York. The property comprises two parcels totaling 7.57 acres, strategically located for optimal business operations. One parcel, situated in the Town of Geddes, encompasses 5.71 acres zoned for industrial use, while the second, a 1.87-acre parcel, is located within the City of Syracuse and also carries an industrial zoning designation. This dual-parcel configuration provides flexibility for various development scenarios, catering to a range of industrial needs. The property boasts convenient access to Interstate 690, ensuring seamless transportation and logistics for businesses operating from this location. The address for the larger parcel is 501 State Fair Blvd, Syracuse, NY 13204. Given its size, zoning, and prime location, this property is ideally suited for a variety of industrial uses, making it an attractive proposition for investors and developers seeking a foothold in the thriving Syracuse market. The land is available for immediate development, presenting a rare opportunity to capitalize on the growing demand for industrial space in this dynamic region of Onondaga County. The permitted zoning for both parcels is Industrial.

    Property Features for 501 State Fair Blvd

    General Information

    Property type
    Land
    Lot Size
    329,749 SF

    HighLights

    • 5.71‑acre industrial parcel in the Town of Geddes.
    • 1.87‑acre industrial site in the City of Syracuse.
    • Excellent I‑690 highway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.19776
    Latitude
    43.0652479

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Excellent Access
    Where is this land located?
    The property is located at 501 State Fair Blvd Syracuse, NY.
    What are key features of this property?
    This property features: 5.71-acre industrial parcel in the Town of Geddes.; 1.87-acre industrial site in the City of Syracuse.; Excellent I-690 highway access.
    Request Owner's contact information
    501 State Fair Blvd Syracuse, NY 13204
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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
    501 State Fair Blvd Syracuse, NY 13204
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