Property profile

4520 Seneca Tpke Syracuse, NY 13215

OFF-MARKET
Land
40.25 ac lot
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Property summary

AI-generated overview

This exceptional 40.25-acre commercial land parcel presents a unique investment opportunity in Syracuse, New York. Strategically located on Onondaga Hill, across from Onondaga Community College and near Upstate University Hospital, this property enjoys high visibility and accessibility. Zoned NS-Neighborhood Shopping, it allows for up to 171,000 square feet of development, making it the largest NS-zoned tract in the Town of Onondaga. The site benefits from its position on a busy commuter route (24,630 AADT) with approved conceptual NYSDOT signalized access from West Seneca Turnpike, and additional access from Maykes Road. Its proximity to major institutions, including Onondaga Community College and Upstate University Hospital, ensures a strong potential customer base. Furthermore, an adjacent 88-acre parcel is zoned P-RC (Planned Residential Community), offering potential for single-family housing development (approximately 130 lots). This property is situated along the western edge of the Onondaga Business Overlay District, near the intersection of Routes 175 and 173, providing excellent connectivity and exposure. The asking price is $1,950,000. This is a rare opportunity to acquire a sizable, well-located parcel with significant development potential in a thriving area of Syracuse.

Property profile

Verified
Property type Land
Lot 40.25 ac (1,753,290 SF)

Cap rate & NOI

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

Location

4520 Seneca Tpke Syracuse, NY 13215
Syracuse metro
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Value estimations

Realmo proprietary · 4 methods
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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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