5472 Miller Rd Brewerton, NY 13029
- Showrooms
- 3,218 SF
- 4.88 lot acres
Current Use by Public Records
- Dynasty Roofing / Roofing Contractor / Contractor
Property Details for 5472 Miller Rd
- Year built
- 1958
- Lot size
- 4.88 lot acres
- Property size
- 3,218 SF
- Property type
- Showrooms
- APN
- 312289 109.-01-01.1
- APU
- 31228910901011
Description
This exceptional 4.88-acre commercial development site in Brewerton, NY, presents a compelling investment opportunity. Located at 5472 Miller Rd, the property boasts an impressive 8,417 square feet of existing building space, currently generating income from two separate structures. This provides immediate cash flow while development plans are formulated. The strategic location offers unparalleled access to major transportation arteries, including Routes 81 and 11, and enjoys close proximity to Micron, a significant employer in the region. This prime location is ideal for a diverse range of commercial ventures. Potential uses include, but are not limited to, apartment complexes, hotels, adult care facilities, daycare centers, or medical offices. The substantial lot size and existing infrastructure make this a rare find, offering both immediate return and significant long-term potential. The property's versatility and strategic location position it for substantial growth and profitability. Serious inquiries are encouraged to explore this exceptional development opportunity. The existing buildings provide a strong foundation for immediate income generation while planning for future development. This is a unique chance to acquire a high-yield property in a rapidly growing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $415,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $320,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $320,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $355,000
- Mixed-Use
- $440,000
- Hospitality
- $315,000
- Educational
- $390,000
- Residential Income
- $400,000
- Energy
- $375,000
- Income-Based Land
- $345,000
- Food Service
- $415,000
Location Insight
- Map
- Local Demand
- City
- Brewerton
- County
- Onondaga
- State
- New York
- Longitude
- -76.1375
- Latitude
- 43.2288
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA