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5406 Bay Rd North Syracuse, NY 13212

OFF-MARKET Specialty properties Google Maps
1.25 ac lot Built 1960
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 1.25-acre development site in North Syracuse, NY, presents a unique opportunity for mixed-use development. Located at 5406 S Bay Rd, this single-tenant property boasts a prime location at the signalized intersection of Lawrence Road East and South Bay Road, placing it within the heart of North Syracuse's thriving retail corridor. The property, built in 1960, features a single, one-story building with ample parking – 100 spaces in total – providing convenient access for customers and employees. The C3 Planned Commercial District zoning allows for a variety of development options. Its strategic location offers unparalleled visibility and the potential for prominent pylon signage, maximizing marketing impact. Furthermore, its proximity to major transportation arteries enhances its appeal. The site is conveniently located just 0.2 miles from the entrance to Syracuse International Airport and a mere 0.26 miles from Interstate 81, ensuring easy access for commuters and customers alike. This property is an ideal location for businesses seeking high visibility and convenient access to key transportation routes. The existing building provides a solid foundation for redevelopment or repurposing, offering flexibility for a range of commercial ventures. This is a rare opportunity to acquire a well-positioned development site in a dynamic and growing market. The property's size and location make it an attractive investment for developers seeking to capitalize on the area's strong commercial activity.

Property profile

Verified
Property type Specialty properties
Year built 1960
Lot 1.25 ac (54,450 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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