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    109 Taft Rd North Syracuse, NY 13212

    Sponsored
    For Sale
    $1,900,000

    Prime 1.35-acre commercial land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.35-acre commercial land parcel, located at 109 E Taft Rd, North Syracuse, NY 13212, presents a remarkable retail development opportunity. Situated at two signalized intersections, the property boasts 160 feet of road frontage on East Taft Road and 150 feet on Lawrence Avenue, ensuring high visibility and accessibility. Its strategic location offers convenient access to major highways including I-81, I-481, and the New York State Thruway, as well as proximity to Hancock International Airport and Syracuse's central business district. The site's strong demographics further enhance its appeal, with a population of 27,496 within a 2-mile radius, 143,673 within 5 miles, and 384,320 within 10 miles, and an average household income of $62,415. The asking price is $1,900,000, translating to $92,600 per acre. Zoned for commercial use, this property offers significant potential for growth, with additional adjacent parcels available for expansion. This is an ideal location for retail development, offering excellent visibility, accessibility, and a strong consumer base. The property is available for sale or land lease.

    Property Features for 109 Taft Rd

    General Information

    Property type
    Farms
    Lot Size
    58,806 SF

    HighLights

    • $1,900,000 asking price for 1.35 acres of commercial land in North Syracuse, NY.
    • Zoned commercial.
    • $92,600 per acre land value.
    • Excellent visibility and accessibility from two signalized intersections with 160' of frontage on East Taft Road and 150' on Lawrence Avenue.
    • Convenient location near Hancock International Airport, Syracuse CBD, and major highways (I‑81, I‑481, NYS Thruway).
    Property Profile Location Intelligence

    Current Use by Public Records

    Herb-Z | Cannabis Dispensary Cannabis Store Herb-Z Cannabis Store Tantrum City Rage ... Amusement Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    North Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.140540213701
    Latitude
    43.122867990056

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    FAQs

    What type of property is this?
    Farm - Prime 1.35-acre commercial land
    Where is this farm located?
    The property is located at 109 Taft Rd North Syracuse, NY.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: $1,900,000 asking price for 1.35 acres of commercial land in North Syracuse, NY.; Zoned commercial.; $92,600 per acre land value.
    Request Owner's contact information
    109 Taft Rd North Syracuse, NY 13212
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    North Syracuse, NY 13212
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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
    109 Taft Rd North Syracuse, NY 13212
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