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Property profile & analytics
FOR SALE
Office buildings
716 James St Syracuse, NY 13203
Individually Owned
9-yr Hold
Free & Clear
Property ID
US63-1591456
For Sale
1 / 6
$1,000,000
716 James St, Syracuse, NY 13203
View Listing →
Property summary
AI-generated overview
This single-story, 15,200 square foot Class C office building at 716 James Street, Onondaga County, offers a fantastic opportunity for businesses seeking flexible space. Built in 1970, the property boasts six suites, with 14,000 square feet currently vacant, divisible into units as small as 1,000 square feet, or up to 15,000 square feet contiguous. The building features a 9-foot ceiling height and ample free on-site parking with 60 spaces. Its convenient location offers easy access to public transportation and major roadways, including I-81 and I-690. A large monument sign ensures excellent visibility and curb appeal. The property is zoned for office use and benefits from all new HVAC rooftop units installed within the last six years. This adaptable space is ideal for owner-users or investors seeking a prime location with significant potential. The building is ADA accessible and features multiple HVAC zones for customized climate control. This is a rare opportunity to secure a substantial office space in a desirable location with excellent amenities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Total area
15,232 SF
Lot
0.82 ac (35,640 SF)
Zoning code
9
APN
311500 018.-01-02.0
UPID
US63-1591456
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Arthur F. Coli, MD Ophthalmologist
-
WL Staff Services, Inc. Employment Agency
-
ATC Healthcare Services Employment Agency
-
Baby's Debut 3D/4D Imaging Medical Clinic
-
Carl Hanig Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.08M
Owner & transaction history
716 James Street Associat · 9 yrs held
716 James Street Associat
since 2017
1 recorded transaction
Zoning & alternative use
9 · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+8.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Syracuse submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Syracuse submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,510,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,630,000
Change: +8% · Conversion: Difficult
RESTAURANT
$1,485,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$71 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$428,000
Assessed 2023
Previous assessed
$428,000
+0.0% YoY
Assessed land
$169,800
Assessed improvement
$258,200
Land market value
$263,256
Improvement market value
$400,310
Total market value
$663,566
Applied tax rate
311,500.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1970
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
15,232 SF
Lot
0.82 ac (35,640 SF)
Zoning code
9
APN
311500 018.-01-02.0
UPID
US63-1591456
Jurisdiction
ONONDAGA
Zoning & alternative use
9 · Syracuse, NY
Zoning 9 · permitted uses
9 · Syracuse, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Syracuse. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
RESTAURANT
Est. value
$1.5M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
716 James Street Associat
Individual
Free & Clear · 9 yrs held
Mailing address
8020 GINGER RD, LIVERPOOL, NY 13090-2017
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2017
$875,000
716 James Street Associat
716 James Street Partners
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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