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Property profile & analytics
OFF-MARKET
Auto shops
2970 Genesee St 74 Syracuse, NY 13224-1614
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-1357660
Property summary
AI-generated overview
This well-maintained 1,740 square foot automotive repair shop is ideally situated on the east side of Syracuse, near DeWitt. The property boasts three bays, a newly paved driveway accommodating up to 25 vehicles, and ample storage for parts. Inside, you'll find a dedicated office space for administrative tasks, two bathrooms, and two vehicle lifts. Currently operating as a successful repair shop, this property offers a turnkey opportunity for a new owner. The building sits on a sizable 15,498 square foot lot. The property is a single-tenant building, offering simplicity and ease of management. Showings require advance notice. This property is also available for purchase at $350,000 (S1518847). Located in Onondaga County, New York, with the address 2970 E Genesee Street, Syracuse, NY 13224.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1945
Total area
1,740 SF
Lot
0.36 ac (15,500 SF)
Zoning code
10
APN
311500 042.-02-08.0
UPID
US63-1357660
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ramos Auto 2970 LLC · 3 yrs held
Ramos Auto 2970 LLC
since 2023
Last sale
$140,000
1 recorded transaction
Zoning & alternative use
10 · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$130,900
Assessed 2023
Previous assessed
$130,900
+0.0% YoY
Assessed land
$62,000
Assessed improvement
$68,900
Land market value
$96,124
Improvement market value
$106,822
Total market value
$202,946
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1945
Heating
NONE
Buildings
1
Stories
1
Total area
1,740 SF
Lot
0.36 ac (15,500 SF)
Zoning code
10
APN
311500 042.-02-08.0
UPID
US63-1357660
Jurisdiction
ONONDAGA
Zoning & alternative use
10 · Syracuse, NY
Zoning 10 · permitted uses
10 · 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.
Building & site characteristics
From public records
Year built
1945
Heating
NONE
Stories
1
Buildings
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Ramos Auto 2970 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1119 SALT SPGS RD, SYRACUSE, NY 13224-1642
Ownership since
2023
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
Jul 13, 2023
$140,000
Ramos Auto 2970 LLC
Gheulla Azria
Warranty 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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