Property profile

0 Taft Rd East Syracuse, NY 13212

OFF-MARKET
Retail properties & Spaces
1.35 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1.35-acre commercial development site presents a unique opportunity in the thriving Syracuse submarket. Boasting excellent visibility and accessibility, the property offers significant road frontage on three streets: 160 feet on East Taft Road, 150 feet on Lawrence Avenue, and 164 feet on South Bay Road, with curb cuts on East Taft Road and Lawrence Avenue providing convenient access. The site's strategic location places it minutes from Hancock International Airport, Downtown Syracuse, and major interstates (Rt. 81, Rt. 90, Rt. 690, and Rt. 481), ensuring seamless connectivity. Its proximity to Micron Technology's expansive semiconductor facility further enhances its appeal, capitalizing on the significant economic growth and job creation in the region. The property is zoned commercial and includes two existing buildings; one recently leased for a three-year term (4,500 square feet), and another featuring three suites currently occupied. This presents a flexible opportunity for immediate income generation or redevelopment. The high traffic volume and visibility from two signalized intersections make this an ideal location for a variety of retail or restaurant ventures. Additional adjacent parcels are also available, offering potential for expansion. This is a rare chance to secure a prime commercial site in a rapidly developing area with exceptional growth potential.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.35 ac (58,806 SF)

Cap rate & NOI

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

Location

Taft Rd East Syracuse, NY 13212
East Syracuse metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Taft Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message