Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6017 Ny-31 Cicero, NY 13039

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime 3-acre commercial site near Micron.

    Property Features for 6017 Ny-31

    General Information

    Property type
    Land
    Lot Size
    128,502 SF

    Building Details

    Units
    1

    We can help!

    Listing Contact
    Stephen Saleski
    Stephen Saleski

    Listing Agency: Sutton Real Estate Company LLC Listing Agent: Stephen Saleski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 2.95-acre development site is strategically located on State Route 31 in Cicero, New York, offering unparalleled visibility and accessibility. Zoned for general commercial use, this property boasts 227 feet of road frontage, ensuring high traffic exposure. Its proximity to the new Micron Technology facility (less than 3 miles) and the Interstate 81 interchange (approximately 3/4 mile) makes it an ideal location for a variety of commercial ventures. The site's advantageous position directly across from Cicero-North Syracuse High School further enhances its appeal, providing a strong potential customer base. The property is offered at $299,000 and presents a unique opportunity for businesses seeking a high-visibility location in a rapidly growing area. The parcel's location near Route 11 (Brewerton Rd.) adds to its convenient access. The property's APN is 312289-089-000-0001-086-001-000. This is a for sale by owner listing. The ownership is Haskins and Sweeting. The property is located at 6017 NY-31, Cicero, NY 13039, within Onondaga County. This is a single-unit property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Onondaga
    State
    New York
    Longitude
    -76.103443024883
    Latitude
    43.176218293795

    Nearby Similar for Sale

    • $339,000

      Brewerton Road Retail Opportunity

      1.03 acre lot suitable for retail or automotive sales.
      9497 Brewerton Rd, Cicero, NY 13029
      View Details
    • $289,900

      Route 31 Office or Retail

      Well-maintained office or retail space with high visibility.
      5998 State Route 31, Cicero, NY 13039
      View Details
    • $289,900
      1,976 SF

      Route 31 Office or Retail

      Well-maintained office or retail space with high visibility and ample parking.
      5998 New York 31, Cicero, NY 13039
      View Details
    • $409,900

      Cicero Four-Unit Home Near Lake

      Four-unit home in Cicero with lake access and income potential.
      6571 Lakeshore Rd, Cicero, NY 13039
      View Details
    • $94,250

      Two-Unit Property Near Williams Beach

      Two-unit property with rehab potential near Williams Beach.
      7300 Lakeshore Rd, Cicero, NY 13039
      View Details
    • Contact for pricing

      Route 11 Investment Opportunity

      Mixed-use property with retail, residential, and development potential.
      Brewerton Rd, Cicero, NY 13039
      View Details
    • $2,000,000
      3,601 SF

      Burger King NNN Lease, NY

      High-return Burger King investment. Strong lease terms.
      7843 Brewerton Rd, Cicero, NY 13039
      View Details
    • $749,000
      2,580 SF

      Cicero Commercial Property - High Growth Area

      Prime Cicero location, near Micron, high traffic.
      8284 Brewerton Rd, Cicero, NY 13039
      View Details
    • $9,850,000
      51,978 SF

      Cicero, NY Commercial Complex

      Massive Industrial Property - 51,978 SF
      8010 Brewerton Rd, Cicero, NY 13039
      View Details

    FAQs

    What type of property is this?
    Land - Prime 3-acre commercial site near Micron.
    Where is this land located?
    The property is located at 6017 Ny-31 Cicero, NY.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 3-acre commercial development parcel zoned General Commercial, situated on State Route 31.; Less than 3 miles from the new Micron plant in Clay, NY.; High-visibility site with 227' of frontage on Route 11 (Brewerton Rd.), less than 3⁄4 mile from I-81 interchange; directly across from Cicero-North Syracuse High School.
    (315) 218-1130 Call to check price and availability
    Request Owner's contact information
    6017 Ny-31 Cicero, NY 13039
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6017 Ny-31
    Cicero, NY 13039
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    6017 Ny-31 Cicero, NY 13039
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Stephen Saleski
    Stephen Saleski
    (315) 218-1130 (315) 424-1111 (315) 727-3103
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!