Property summary
This exceptional 1.3-acre commercial land parcel presents a unique development opportunity in Syracuse, New York. Located at 119 Simon Drive, this shovel-ready site boasts approximately 277 feet of frontage along Simon Drive and is strategically situated within the same complex as Lowe's, Golden Corral Buffet & Grill, and Broadview Federal Credit Union. The property's CM Commercial zoning (City of Syracuse) allows for a variety of commercial uses. Utilities are readily available, including sewer, gas, water, electric, and data lines, minimizing development hurdles. Its convenient location offers excellent access to major transportation arteries, being approximately 0.2 miles from the eastbound I-690 ramps and less than 0.25 miles from the high-traffic Erie Boulevard East retail corridor, including a prominent Price Chopper supermarket. This high-visibility location ensures significant exposure for any commercial venture. The asking price for this exceptional property is $700,000. This presents a compelling investment opportunity for developers seeking a well-located, fully-serviced site in a thriving commercial area. Don't miss this chance to secure a prime piece of Syracuse real estate.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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