394 Court St Syracuse, NY 13204
- Land
- 3.00 lot acres
Current Use by Public Records
- Land
Property Details for 394 Court St
- Lot size
- 3.00 lot acres
- Property type
- Land
Description
This exceptional 3-acre commercial and residential land parcel in Syracuse, NY, presents a unique development opportunity. Located in the vibrant urban core, the property boasts significant frontage on Solar, Court, and North Clinton Streets (67, 393, and 395 feet respectively). Its MX-4 Urban Core zoning allows for diverse uses, including residential, mixed-use, office, and retail developments. All essential utilities (water, sewer, electric, and natural gas) are readily available. Convenient access to major interstate highways (Rt 81, Rt 690, and NYS Thruway Rt 90) enhances its appeal. Completed Phase 1 and 2 environmental studies streamline the development process. The property's strategic location near Micron's substantial investment in Clay, NY, positions it to benefit from significant projected population growth and increased demand for housing and commercial space. This prime location offers exceptional visibility and accessibility, making it an ideal site for a variety of projects. The asking price is $1,650,000, representing a land value of $550,000 per acre. This represents a compelling investment opportunity in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1609
- Latitude
- 43.0616