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    Property profile & analytics

    2574 Cherry Vly Tpke Marcellus, NY 13108-9625

    • Turn key restaurants
    • 2,428 SF
    • 1.47 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 22, 2022
    $40,000
    Location Intelligence
    Property ID
    US63-3284167
    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

    • Milkhouse Diner / Diner

    Property Details for 2574 Cherry Vly Tpke

    Year built
    1941
    Lot size
    1.47 lot acres
    Property size
    2,428 SF
    Zone code
    04 - FARM
    Property type
    Turn key restaurants
    APN
    314089 021.-03-05.0
    APU
    31408902103050

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marcellus
    County
    Onondaga
    State
    New York
    Longitude
    -76.3309
    Latitude
    42.9306
    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
    $36,600
    $23,400
    $60,000
    -
    $45,185
    $28,889
    $74,074

    Comparable in this City

    • Value Estimation
      $275,000
      1,876 SF

      2512 Cherry Vly Tpke

      RESTAURANT • 1,876 SF
      2512 Cherry Vly Tpke, Marcellus, NY 13108-9625
      View Details
    • Value Estimation
      $245,000
      3,348 SF

      6 Main St

      BAR, TAVERN • 3,348 SF
      6 Main St, Marcellus, NY 13108-1206
      View Details
    • Value Estimation by Request
      3,258 SF

      69 Nn St

      BAR, TAVERN • 3,258 SF
      69 Nn St, Marcellus, NY 13108-1041
      View Details
    • Value Estimation
      $295,000
      3,870 SF

      5 Main St

      NIGHTCLUB (COCKTAIL LOUNGE) • 3,870 SF
      5 Main St, Marcellus, NY 13108-1205
      View Details
    • Value Estimation by Request
      0.30 Acres

      11 Main St

      PARKING LOT • 0.30 Acres
      11 Main St, Marcellus, NY 13108-1224
      View Details
    • Value Estimation by Request
      3.45 Acres

      Limerick St

      PARKING LOT • 3.45 Acres
      Limerick St, Marcellus, NY 13108
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,000 SF

      Mixed-Use Property with Bar/Restaurant

      4000 SF building with bar/restaurant and apartment.
      5 E Main St, Marcellus, NY 13108
      View Details
    • $499,900

      Land For Sale

      Commercial land available for sale.
      4 Slocombe Ave, Marcellus, NY 13108
      View Details
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    2574 Cherry Vly Tpke
    Marcellus, NY 13108-9625
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    Realmo Value Estimation

    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.

    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.

    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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