Property profile

125-131 Van Rensselaer St Syracuse, NY 13204

OFF-MARKET
Land
10,000 SF 0.67 ac lot
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Property summary

AI-generated overview

This exceptional .67-acre commercial and industrial land parcel, located at 125-131 Van Rensselaer Street in Syracuse, NY, presents a unique build-to-suit opportunity. Situated in the heart of Syracuse's Southwest Gateway District, this single-tenant site offers unparalleled flexibility for a variety of uses, including flex space, office, distribution, or retail. Spanning a full city block between Wilkinson and Richmond Streets, the property boasts convenient access to major highways and is just minutes from Downtown Syracuse. This prime location benefits from Syracuse's strategic position as a significant transportation hub, with easy access to major highways and an international airport, ensuring seamless connectivity. The city's robust economy, driven by healthcare, education, and technology, coupled with a business-friendly environment featuring tax incentives and government support, creates a stable and attractive market. Syracuse also offers a high quality of life, attracting both employees and residents. The property's proximity to Downtown Syracuse and its location just one block off Erie Boulevard further enhance its desirability. The total land area is 0.67 acres, and the site is ready for development to meet your specific needs. This is a rare opportunity to establish a presence in a thriving and dynamic city. The property is zoned for commercial and industrial use, offering a wide range of development possibilities. The 10,000 square foot building footprint allows for significant development potential.

Property profile

Verified
Property type Land
Total area 10,000 SF
Lot 0.67 ac (29,185 SF)

Cap rate & NOI

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

Location

125-131 Van Rensselaer St Syracuse, NY 13204
Syracuse metro
Google Maps

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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