Property profile

5855 Widewaters Pkwy East Syracuse, NY 13057

OFF-MARKET
Office Spaces
5.28 ac lot
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Property summary

AI-generated overview

This exceptional 5.28-acre commercial land parcel in East Syracuse, New York, presents a remarkable investment opportunity. Located at 5855 Widewaters Parkway, this highly visible site boasts excellent access to major interstates and is less than a mile from the Erie Blvd retail corridor and Widewaters Office Park, ensuring high traffic and strong potential for development. The property is already prepared for immediate construction, having been cleared, graded, and equipped with installed detention ponds. All utilities are conveniently located adjacent to the site. This "shovel-ready" status significantly reduces development time and costs. The property is ideally suited for a variety of commercial uses, offering flexibility for developers. The asking price is $3,000,000. While the adjacent office building is approximately 41,537 square feet, this listing is solely for the 5.28-acre land parcel. The site's strategic location and prepared condition make it an exceptional opportunity for businesses seeking a high-profile presence in a thriving commercial area. Consider the potential for build-to-suit options, maximizing the return on investment. This is a rare chance to acquire a prime commercial land parcel in a highly desirable location. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Office Spaces
Lot 5.28 ac (229,997 SF)

Cap rate & NOI

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

Location

5855 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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