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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1710 Erie E Blvd Syracuse, NY 13210

    • Warehouses
    • 3,654 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimations
    $285,000
    Show details
    Cap Rate Potential
    6.5%
    Warehouses
    Location Intelligence
    Property ID
    US63-2334188
    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.

    Current Use by Public Records

    • Warehouses

    Property Details for 1710 Erie E Blvd

    Year built
    1985
    Lot size
    0.15 lot acres
    Property size
    3,654 SF
    Zone code
    22
    Property type
    Warehouses
    APN
    311500 031.-10-03.0
    APU
    31150003110030

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $305,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $330,000
      6.5%
      $305,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $216,000
      Market price range: $106k - $316k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $200,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $390,000
      Change: +93% Conversion: Moderate
      OFFICE BUILDING
      $360,000
      Change: +79% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $330,000
      Change: +63% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $280,000
      Change: +37% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1208
    Latitude
    43.0491
    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
    $53,600
    $53,400
    $107,000
    -
    $83,101
    $82,790
    $165,891

    Comparable in this City

    • Value Estimation
      $300,000
      3,712 SF

      515 Brighton Ave

      WAREHOUSE, STORAGE • 3,712 SF
      515 Brighton Ave, Syracuse, NY 13210-4210
      View Details
    • Value Estimation
      $105,000
      22,594 SF

      466 Brighton Ave

      WAREHOUSE, STORAGE • 22,594 SF
      466 Brighton Ave, Syracuse, NY 13210-4144
      View Details
    • Value Estimation
      $630,000
      23,900 SF

      340 Peat St

      WAREHOUSE, STORAGE • 23,900 SF
      340 Peat St, Syracuse, NY 13210-1352
      View Details
    • Value Estimation
      $305,000
      6,140 SF

      128 Ball Cir

      WAREHOUSE, STORAGE • 6,140 SF
      128 Ball Cir, Syracuse, NY 13210-4208
      View Details
    • Value Estimation
      $280,000
      960 SF

      1603 Jamesville Ave

      WAREHOUSE, STORAGE • 960 SF
      1603 Jamesville Ave, Syracuse, NY 13210-4237
      View Details
    • Value Estimation
      $280,000
      3,828 SF

      1512 Erie E Blvd

      WAREHOUSE, STORAGE • 3,828 SF
      1512 Erie E Blvd, Syracuse, NY 13210
      View Details

    Similar Nearby for Sale

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      2,600 SF

      Syracuse Warehouse with Cooler/Freezer Space

      Centrally located warehouse with cooler/freezer and dock doors.
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    • $550,000
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      Erie Blvd Warehouse For Sale

      10,125 sqft warehouse with loading docks and parking.
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    • $2,900,000
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      Syracuse Mixed-Use Investment Opportunity

      Prime Syracuse location, 51,751 SF, high potential.
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    • $3,500,000
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      Syracuse University Area Retail Space

      Prime Retail Opportunity: 9,018 SF, 20 Parking Spaces
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    • $300,000

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      Three-unit building with recent updates and long-term tenants.
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    • $9,000,000
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      Prime Retail/Office Space Available

      Retail/office space for sale or lease in Syracuse, NY.
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    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      Warehouse Space Near I-81/481

      Office and warehouse space for lease near Syracuse University.
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    • Contact for pricing
      9,760 SF

      Warehouse Space with Remodeled Office

      Warehouse with docks, parking, storage, and remodeled office space.
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      View Details
    • $9,996 /Mo
      65,340 SF

      Syracuse Industrial Land Lease

      1.5-Acre Industrial Land: Prime Syracuse Location
      466 Brighton Ave, Syracuse, NY 13210
      View Details
    • Contact for pricing
      30,124 SF

      Syracuse Light Industrial Building

      30,124 SF Manufacturing Space, 2.58 Acres
      185 Ainsley Dr, Syracuse, NY 13210
      View Details
    • $30 SF/Yr
      2,500 SF

      University Area Restaurant Space Available

      Restaurant or retail space in university area apartment building.
      603 Irving Ave, Syracuse, NY 13210
      View Details
    • $1,300 /Mo

      Renovated Office Space For Lease

      Recently renovated office space available for lease in convenient location.
      207 Pine St, Syracuse, NY 13210
      View Details
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    Syracuse, NY 13210
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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