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Property profile

745 Hiawatha Blvd Syracuse, NY 13204

OFF-MARKET
Land
10.89 ac lot
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Property summary

AI-generated overview

This exceptional 10.89-acre commercial land parcel in Syracuse, NY, presents a prime development opportunity. Located at 745 Hiawatha Blvd W, this property boasts unparalleled access to major transportation arteries, including I-81 and I-690, ensuring seamless connectivity throughout the region. Its strategic location is approximately half a mile from Destiny USA, a significant shopping destination, offering substantial foot traffic and visibility. The property's proximity to the Inner Harbor development, a $350 million project encompassing 150,000+ square feet of street-level retail and restaurants and 130,000+ square feet of office space, further enhances its investment potential. This site is ideal for retailers seeking a freestanding building that capitalizes on the high traffic generated by the nearby mall. Moreover, its convenient location just minutes from downtown Syracuse and Franklin Square provides easy access to a vibrant urban center. The asking price for this remarkable property is $7,000,000. This is a rare opportunity to acquire a substantial land parcel in a high-growth area with exceptional visibility and accessibility. The property is zoned for commercial use and offers significant potential for a variety of development projects. Don't miss this chance to secure a prime location in a thriving market.

Property profile

Verified
Property type Land
Lot 10.89 ac (474,368 SF)

Cap rate & NOI

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

Location

745 Hiawatha Blvd Syracuse, NY 13204
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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