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Property profile & analytics
OFF-MARKET
Estimated value
$2,605,000
Refrigerated & Cold Storage
200 1st St Syracuse, NY 13202
Entity Owned
6-yr Hold
Free & Clear
Property ID
US63-3738947
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1997
Total area
32,700 SF
Lot
0.76 ac (33,120 SF)
Zoning code
06 - INDUSTRIAL
APN
311500 096.-09-02.1
UPID
US63-3738947
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
$2.73M
Comparable Approach
Comparable
$2.82M
Blend (final)
Blend
$2.61M
Owner & transaction history
Unc Real Estate INC · 6 yrs held
Unc Real Estate INC
since 2019
1 recorded transaction
Zoning & alternative use
06 - INDUSTRIAL · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.5M
+93.3%
Office building
$3.2M
+79.1%
Restaurant
$3.2M
+75.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Syracuse submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Syracuse submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,950,000
6.5%
$2,725,000
7%
$2,530,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,810,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,500,000
Change: +93% · Conversion: Moderate
OFFICE BUILDING
$3,245,000
Change: +79% · Conversion: Difficult
RESTAURANT
$3,185,000
Change: +76% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,495,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,485,000
Change: +37% · Conversion: Easy
Blend value · Realmo final
$2.61M
Range $2.34M – $2.87M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$80 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$2,182,000
Assessed 2023
Previous assessed
$2,182,000
+0.0% YoY
Assessed land
$547,000
Assessed improvement
$1,635,000
Land market value
$848,062
Improvement market value
$2,534,884
Total market value
$3,382,946
Applied tax rate
311,500.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1997
Heating
NONE
Cooling
PARTIAL
Buildings
3
Stories
1
Total area
32,700 SF
Lot
0.76 ac (33,120 SF)
Zoning code
06 - INDUSTRIAL
APN
311500 096.-09-02.1
UPID
US63-3738947
Jurisdiction
ONONDAGA
Zoning & alternative use
06 - INDUSTRIAL · Syracuse, NY
Zoning 06 - INDUSTRIAL · permitted uses
06 - INDUSTRIAL · Syracuse, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Syracuse. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.2M
RESTAURANT
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.5M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
0.76 ac
Current owner
From public records · entity-resolved
Unc Real Estate INC
Entity
Free & Clear · 6 yrs held
Mailing address
25 ANDERSON RD, BUFFALO, NY 14225-4905
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2019
$13,637,510
Unc Real Estate INC
Dairy INC
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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