Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    2800 Ny-31 Baldwinsville, NY 13027

    • Land
    For Sale
    View listing
    $750,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / Gift Shop / Boutique
    • Party City / Party Store / Balloon Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 2800 Ny-31

    Property type
    Land

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baldwinsville
    County
    Onondaga
    State
    New York
    Longitude
    -76.3132
    Latitude
    43.1638

    Comparable in this City

    • Value Estimation by Request

      8216 Sixty Rd

      Land
      8216 Sixty Rd, Baldwinsville, NY 13027
      View Details
    • Value Estimation by Request
      10.00 Acres

      8512 County Route 57

      Distribution properties • 45,000 SF
      8512 County Route 57, Baldwinsville, NY 13027
      View Details
    • Value Estimation by Request
      2.11 Acres

      3494 Ny-31

      Land • 2.11 Acres
      3494 Ny-31, Baldwinsville, NY 13027
      View Details
    • Value Estimation by Request
      3.59 Acres

      300 Caserta Dr

      VACANT COMMERCIAL LAND • 3.59 Acres
      300 Caserta Dr, Baldwinsville, NY 13027-9847
      View Details
    • Value Estimation by Request
      16.60 Acres

      29 1st St

      VACANT COMMERCIAL LAND • 16.60 Acres
      29 1st St, Baldwinsville, NY 13027-2480
      View Details
    • Value Estimation by Request
      2.48 Acres

      Crego Rd

      VACANT COMMERCIAL LAND • 2.48 Acres
      Crego Rd, Baldwinsville, NY 13027
      View Details

    Similar Nearby for Sale

    • $1,000,000

      Baldwinsville Residential Land Opportunity

      15 Acres, Radisson, NY - $1M
      8216 Sixty Rd, Baldwinsville, NY 13027
      View Details
    • $750,000

      Baldwinsville Residential Land Opportunity

      9 Acres, Industrial Zoning, Development Potential
      2800 Ny-31, Baldwinsville, NY 13027
      View Details
    • Contact for pricing

      Baldwinsville Village Lot For Sale

      66' x 86' lot with utilities available.
      94 E Oneida St, Baldwinsville, NY 13027
      View Details
    • Contact for pricing

      Waterfront Land on Seneca River

      0.84-acre waterfront land with 200' on Seneca River.
      Channelside Trl, Lysander, NY 13027
      View Details
    • $199,000
      2.11 Acres

      Baldwinsville Commercial Land

      2.11-acre commercial lot, prime location.
      3494 Ny-31, Baldwinsville, NY 13027
      View Details
    • $2,500,000
      10.00 Acres

      Oswego Road Investment Opportunity

      10-Unit Mixed-Use Complex, High Occupancy
      8512 County Route 57, Baldwinsville, NY 13027
      View Details

    Similar Nearby for Lease

    • $199,000

      Commercial Land Near Route 31

      2.11 acre commercial building lot with road frontage.
      0000 State Route 31, Clay, NY 13027
      View Details
    • Contact for pricing
      8,800 SF

      Industrial Warehouse with Rail Access

      8,800 SF industrial space with rail access near highways.
      7524 State Fair Blvd, Baldwinsville, NY 13027
      View Details
    • $15 SF/Yr
      2,000 SF

      Retail Space Near Tops Grocery

      Retail space available in strong, grocery-anchored shopping center.
      2265 Downer St, Baldwinsville, NY 13027
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Smokey Hollow

      1,500 SF retail space in a busy Baldwinsville plaza.
      80 Smokey Hollow Rd, Baldwinsville, NY 13027
      View Details
    Request Owner's contact information
    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.
    2800 Ny-31
    Baldwinsville, NY 13027
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.