Property profile & analytics
2000 Teall Ave Syracuse, NY 13206-1551
- Office buildings
- 8,000 SF
- 0.26 lot acres
OFF-MARKET
Value Estimations
$670,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-0430122
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
- CHECKS & BALANCE FINANCIAL SERVICES / Tax Preparation
- Beacon of Light Coaching / Reiki Therapist / Life Coach
- Reiki Harmony with Jody / Alternative Medicine Practice
- DECISIVE DIFFERENCE, INC. / Insurance Agency
- Bonafide Beauty / Hair Salon / Nail Salon
Property Details for 2000 Teall Ave
- Year built
- 1965
- Lot size
- 0.26 lot acres
- Property size
- 8,000 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Office buildings
- APN
- 314889 068.-01-34.0
- APU
- 31488906801340
Description
This exceptional two-story office building, located at 2000 Teall Ave in Syracuse, NY, presents a compelling investment opportunity. Boasting 8,000 square feet across one building on a 0.26-acre lot, this property offers 28 parking spaces and has historically maintained 100% occupancy. Built in 1965, the building is well-maintained and situated in a high-demand area, just minutes from major amenities including universities, hospitals, downtown Syracuse, the post office, the Thruway, and the airport. The asking price is $425,000, translating to $53.12 per square foot. This multi-tenant property provides a consistent stream of rental income, making it ideal for both new and experienced investors. Potential for increased income exists through rent adjustments and cost-saving measures such as self-management of janitorial and snow removal services. Currently, the landlord covers all utilities and maintenance, with tenants billed semi-annually for common area maintenance (CAM). This turnkey investment offers a strong return on investment and significant upside potential in a prime Syracuse location. The property's ease of maintenance and historically high occupancy rate make it a low-risk, high-reward opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $770,000
Market price range: $498k - $1.22M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $795,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $855,000 Change: +8% Conversion: Difficult
- RESTAURANT
- $780,000 Change: -2% Conversion: Moderate
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1229
- Latitude
- 43.0775
- 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
$57,600
$242,400
$300,000
-
$64,719
$272,360
$337,079
