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

    303 2nd St Fulton, NY 13069-2507

    • Investment properties
    • 1,253 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimations
    $205,000
    Show details
    Cap Rate Potential
    4.1%
    Investment properties
    Location Intelligence
    Property ID
    US63-3624963
    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

    • Gosch Supply & Lighting Center / Lighting Store

    Property Details for 303 2nd St

    Year built
    1973
    Lot size
    0.38 lot acres
    Property size
    1,253 SF
    Zone code
    C2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    350400 236.72-03-25
    APU
    350400236720325

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $275,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $185,000
      6.5%
      $175,000
      7%
      $160,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $187,000
      Market price range: $66.2k - $188k

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

    Location Insight

    • Map
    • Local Demand
    City
    Fulton
    County
    Oswego
    State
    New York
    Longitude
    -76.4118
    Latitude
    43.3181
    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
    0
    $0.00
    $58,600
    $277,400
    $336,000
    -
    $63,696
    $301,521
    $365,217

    Comparable in this City

    • Value Estimation
      $265,000
      2,400 SF

      313 Harrison St

      STORE/OFFICE (MIXED USE) • 2,400 SF
      313 Harrison St, Fulton, NY 13069-1221
      View Details
    • Value Estimation
      $270,000
      2,000 SF

      1919 State Rte 48

      STORE/OFFICE (MIXED USE) • 2,000 SF
      1919 State Rte 48, Fulton, NY 13069-4120
      View Details
    • Value Estimation
      $270,000
      4,032 SF

      945 1st St

      STORE/OFFICE (MIXED USE) • 4,032 SF
      945 1st St, Fulton, NY 13069-4989
      View Details
    • Value Estimation
      $275,000
      7,520 SF

      1024 State Rte 48

      STORE/OFFICE (MIXED USE) • 7,520 SF
      1024 State Rte 48, Fulton, NY 13069-5026
      View Details
    • Value Estimation
      $220,000
      1,656 SF

      500 2nd St

      STORE/OFFICE (MIXED USE) • 1,656 SF
      500 2nd St, Fulton, NY 13069-2902
      View Details
    • Value Estimation
      $105,000
      1,280 SF

      604 4th St

      STORE/OFFICE (MIXED USE) • 1,280 SF
      604 4th St, Fulton, NY 13069-4903
      View Details

    Similar Nearby for Sale

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      Fulton, NY Development Land

      12.41 Acres, Mixed-Use Potential
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    • $130,000
      2.13 Acres

      Fulton, NY Development Land

      2.13 Acres, $130,000 - High Traffic Area
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    • Contact for pricing

      Fulton Outparcel Near Walmart

      1.58 AC outparcel zoned CIT in front of Walmart.
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    • $850,000
      6,488 SF

      Landmark Restaurant with River Views

      Restaurant, bar, and patio with views of Oswego River.
      24 S 1St St, Fulton, NY 13069
      View Details
    • $35,000

      3.1 Acres on Black Creek

      Land for sale along Black Creek with public water access.
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      Commercial Land For Sale

      Commercial land available for sale.
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    Similar Nearby for Lease

    • Contact for pricing
      86,400 SF

      Fulton Warehouse with High Ceilings

      86,400 SF warehouse space featuring 26' clear ceiling height.
      1850 County Route 57, Fulton, NY 13069
      View Details
    • Contact for pricing
      7,200 SF

      Fulton Retail Space Available

      Prime Fulton location, versatile retail space.
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      View Details
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      11,397 SF

      Fulton Retail Space - Prime Location

      11,397 SF Former Pharmacy, High Traffic
      103 Broadway, Fulton, NY 13069
      View Details
    • Contact for pricing
      11,397 SF

      Retail Space on East Broadway

      Retail space for lease in Fulton, NY with ample parking.
      110 E Broadway, Fulton, NY 13069
      View Details
    • $2,500 /Mo

      Office Space for Rent

      Office space available for lease in Fulton, NY.
      117 A Schuyler St, Fulton, NY 13069
      View Details
    • $3 SF/Yr
      106,692 SF

      6 Morrill Place

      Manufacturing properties • 106,692 SF
      6 Morrill Pl, Fulton, NY 13069
      View Details

    Property Visit Statistics

    • Visits by month
      24.2k
    • Visitors by month
      15.1k
    • Avg Time on site
      14 min
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    303 2nd St
    Fulton, NY 13069-2507
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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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