125 Genesee St Fayetteville, NY 13066-1311
Property profile & analytics
125 Genesee St, Fayetteville, NY 13066-1311
- Commercial land
- 1,792 SF
- 0.12 lot acres
Property ID
US63-0099557
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 125 Genesee St
- Year built
- 1988
- Lot size
- 0.12 lot acres
- Zone code
- B2
- Property type
- Commercial land
- APN
- 313801 018.-06-07.1
- APU
- 31380101806071
Description
This exceptional investment opportunity presents a brand-new, 3,500 square foot Splash Car Wash located at 125 W Genesee St, Fayetteville, NY 13066. Built in 2024, this state-of-the-art facility benefits from a 20-year absolute NNN ground lease with a corporate guarantee, eliminating landlord responsibilities. The lease commenced July 1, 2024, and expires June 30, 2044, offering a substantial remaining term of approximately 19.6 years. Rent increases by 10% every five years, ensuring consistent income growth. Three five-year renewal options further enhance the long-term value. The property sits on a 0.9-acre lot and boasts a 6.00% cap rate with a current NOI of $212,500. Its prime location within a Target-anchored shopping center, attracting over 5.9 million shoppers annually, provides exceptional visibility and high traffic. Nearby tenants include prominent retailers such as McDonald's, Tops Friendly Markets, Kohl's, and more, solidifying its position in a thriving commercial area. This is a rare opportunity to acquire a secure, high-performing investment with significant long-term potential. The property's strong tenant, Splash Car Wash, a well-established operator with over 80 locations, further mitigates risk. The asking price is $3,541,666.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Onondaga
- State
- New York
- Longitude
- -76.014
- Latitude
- 43.0289
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$62,000
$0.00
$62,000
-
$62,000
$0.00
$62,000
