Property profile

5905 Widewaters Pkwy East Syracuse, NY 13057

OFF-MARKET
Land
5.61 ac lot
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Property summary

AI-generated overview

Exceptional 5.61-acre development opportunity in East Syracuse, NY, located at 5905 Widewaters Parkway, 13057. This property comprises two contiguous parcels (2.0 acres and 3.6 acres) of vacant land ideally situated within a thriving retail and office hub. The site is zoned for Business (B) use, encompassing a wide range of possibilities including retail, office space, and vehicle sales and service. A significant advantage is the Mixed-Use Village III Overlay zoning, permitting residential development in conjunction with commercial uses, opening doors to diverse project concepts. The location offers unparalleled convenience, with easy access to major thoroughfares. Bridge Street (16,055 AADT) and Erie Boulevard (20,915 AADT) provide excellent visibility and accessibility. Furthermore, the property boasts proximity to key highway arteries: 0.4 miles to I-690 (Exit 17), 1.8 miles to I-481, and 4.6 miles to I-90, ensuring seamless regional connectivity. Surrounded by established national retailers and office parks, this site presents a rare chance to capitalize on a high-demand location and create a thriving development. The asking price is $3,500,000. This is a for sale by owner listing.

Property profile

Verified
Property type Land
Lot 5.61 ac (244,372 SF)

Cap rate & NOI

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

Location

5905 Widewaters Pkwy East Syracuse, NY 13057
East 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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