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    OFF-MARKET
    Auto shops

    1417 Vly Dr 31, Syracuse, NY 13207-2617

    11,320 SF 0.76 ac lot Built 1935
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US63-4264685
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1935
    Total area 11,320 SF
    Lot 0.76 ac (33,000 SF)
    Zoning code 10
    APN 311500 070.-10-21.4
    UPID US63-4264685
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    JRJP PROPERTIES LLC
    JRJP PROPERTIES LLC
    Zoning & alternative use
    10 · Syracuse, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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