1417 Vly Dr 31, Syracuse, NY 13207-2617
This exceptional commercial property, located at 1417 Valley Dr, Syracuse, NY, presents a unique investment opportunity. The 11,320+/- square foot building sits on a sizable 0.76+/- acre lot, measuring 200' x 165', and includes a fenced yard. The property boasts a versatile layout, featuring 9,840+/- square feet of warehouse/flex space and 1,480+/- square feet of retail space, complemented by additional upstairs space. Significant recent improvements enhance this property's value and functionality. These include a new 400-amp, three-phase electrical service, new water lines for both building use and the sprinkler system, and a comprehensive new wet sprinkler system throughout. The upstairs office/workspace/storage area has undergone a complete renovation, featuring new insulation, wiring, sheetrock, windows, HVAC system, and bathroom. The ground floor front office area also received a complete overhaul, including new framing, insulation, wiring, plumbing, two ADA-compliant bathrooms, all new lighting and fixtures, a new HVAC system, two hot water heaters, and two mop sinks. Further upgrades include a new alarm and fire monitoring system, three new HVAC units, all new LED lighting throughout, new front entrance windows and door, and three new exterior steel doors. The upstairs office area also features a new rubber roof. While an auto repair business currently occupies the space, and its shop equipment is available for separate purchase, this sale is for the real estate only. This property offers significant potential for a variety of commercial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
10 · Syracuse, NYSyracuse. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.