745 Hiawatha Blvd Syracuse, NY 13204
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.