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    6427 Ny-31 Cicero, NY 13039

    Sponsored
    For Sale
    $1,250,000

    5.23 Acres Near Micron & I-81

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.23-acre commercial property in Cicero, NY, presents a unique investment opportunity. Strategically located on State Route 31, it boasts over 300 feet of road frontage, providing excellent visibility and accessibility. The property's convenient proximity to Interstate 81 and Micron Technology's facilities ensures high traffic counts and a strong potential for various commercial ventures. The site is zoned GC, offering flexibility for diverse development plans. An existing house on the property is currently rented on a month-to-month basis, providing immediate potential rental income. The property also features additional frontage along South Bay Road, allowing for convenient pass-through access. Built in 1890, the existing residence offers potential for renovation or removal to accommodate future development. This prime location, combined with its size and zoning, makes this property an ideal choice for businesses seeking high visibility and easy access to major transportation routes. The property's location near Micron and I-81 offers unparalleled convenience and access to a large workforce. Don't miss this chance to acquire a highly desirable commercial parcel in a thriving area.

    Property Features for 6427 Ny-31

    General Information

    Property type
    Land
    Lot Size
    227,819 SF

    HighLights

    • Historic 1890 building.
    • High ceilings.
    • Abundant natural light.
    • Prime location.
    • Flexible floor plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    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
    Cicero
    County
    Onondaga
    State
    New York
    Longitude
    -76.0771042
    Latitude
    43.1775271

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - 5.23 Acres Near Micron & I-81
    Where is this land located?
    The property is located at 6427 Ny-31 Cicero, NY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Historic 1890 building.; High ceilings.; Abundant natural light.
    Request Owner's contact information
    6427 Ny-31 Cicero, NY 13039
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    Cicero, NY 13039
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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
    6427 Ny-31 Cicero, NY 13039
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