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Property profile

901 Clinton St Syracuse, NY 13204

OFF-MARKET
Land
10 ac lot
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Property summary

AI-generated overview

This exceptional 10-acre parcel in Syracuse, NY, presents a unique investment opportunity. Located at 901 N Clinton St, it boasts three street frontages (Solar, Court, and North Clinton Streets) and is zoned MX-4 Urban Core, allowing for diverse development options including residential, mixed-use, office, and retail. All essential utilities are readily available. Its strategic location offers easy access to major interstates (Rt 81, Rt 690, and NYS Thruway Rt 90) and Syracuse International Airport (5 miles). The property benefits from the ongoing Syracuse Lakefront Revitalization Program, a $108 million initiative enhancing the surrounding area. This vibrant location is minutes from Franklin Square, Destiny USA, and Onondaga Lakefront, making it ideal for a walkable community. The asking price is $11,125,000, with a land value of $1,125,000 per square foot. This 1031 exchange-eligible property is divisible for smaller projects, making it suitable for various development scales. The property's prime location and zoning regulations make it an attractive investment for developers seeking to capitalize on Syracuse's urban revitalization.

Property profile

Verified
Property type Land
Lot 10 ac (435,600 SF)

Cap rate & NOI

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

Location

901 Clinton St 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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