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    650 Genesee St Syracuse, NY 13204

    For Sale
    $749,000

    Prime 0.75-acre lot, ideal development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.75-acre parcel of land presents a unique investment opportunity in Syracuse, New York. Located at 650 Genesee Street, this property boasts significant street frontage, measuring approximately 183 feet along West Genesee Street. Its strategic location directly across from a large auto facility (formerly the Lowery Jeep dealership at 647 West Genesee Street) offers unparalleled visibility and accessibility. The land is being offered for sale separately from the adjacent auto facility, providing a distinct and independent investment opportunity. The property's size and prime location make it suitable for a variety of development projects, potentially including commercial ventures that would benefit from the high traffic volume and proximity to the established auto facility. The asking price for this exceptional land parcel is $749,000. This is a rare chance to acquire a sizable, well-situated lot in a thriving area of Syracuse, offering significant potential for future growth and return on investment. The property is zoned for commercial use (verification of zoning regulations is recommended). The address is 650 Genesee Street, Syracuse, NY 13204. Detailed site plans and surveys are available upon request.

    Property Features for 650 Genesee St

    General Information

    Property type
    Land
    Lot Size
    32,670 SF

    HighLights

    • 0.75‑acre commercial lot at 650 Genesee Street, Syracuse, NY 13204.
    • Approximately 183 feet of street frontage on West Genesee Street.
    • High visibility across from a large auto facility.
    • Offered separately from adjacent auto facility; independent investment opportunity.
    • $749,000 asking price.
    • Zoned for commercial use (buyer to verify).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm 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
    -76.162073
    Latitude
    43.053859

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    FAQs

    What type of property is this?
    Land - Prime 0.75-acre lot, ideal development.
    Where is this land located?
    The property is located at 650 Genesee St Syracuse, NY.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: 0.75-acre commercial lot at 650 Genesee Street, Syracuse, NY 13204.; Approximately 183 feet of street frontage on West Genesee Street.; High visibility across from a large auto facility.
    (315) 445-8529
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    650 Genesee St Syracuse, NY 13204
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    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
    650 Genesee St Syracuse, NY 13204
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