Property profile

109 E Taft Rd North Syracuse, NY 13212

FOR SALE
Investment properties
Property ID
US63-3571376
4,500 SF 0.42 ac lot Built 1955
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 109 E Taft Rd, North Syracuse, NY 13212, offers 6,400 square feet of versatile office space, ideally suited for traditional or medical office uses. The property features two buildings, each two stories high, situated on one acre of land and conveniently located near Main Street (Rt. 11) and South Bay. Currently, 2,900 square feet are available, divisible into suites ranging from 1,300 to 1,600 contiguous square feet. The property boasts ample parking with 30 spaces available. Recently renovated in 2023, this Class B building offers modern amenities and is equipped with electric and gas power. The property is zoned for Commercial Retail and Office use, making it a highly desirable location for a variety of businesses. Built in 1965, this property benefits from recent upgrades while maintaining a functional and efficient layout. The property's location in North Syracuse provides easy access to major transportation routes and benefits from the significant economic growth spurred by Micron's substantial investment in the region. This presents a unique opportunity to establish a presence in a thriving and expanding market.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1955
Total area 4,500 SF
Lot 0.42 ac (18,180 SF)
Zoning code 01 - NOT ZONED
APN 312401 008.-07-12.1
UPID US63-3571376

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Arcade & Gaming Center Family Recreation Center

Location

109 E Taft Rd North Syracuse, NY 13212
North Syracuse metro Census 10800 SYRACUSE, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

01 - NOT ZONED · North Syracuse, NY

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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More about this property
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