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    Property profile & analytics

    306 Lakeside Rd Syracuse, NY 13209-9729

    • Office buildings
    • 6,500 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    $575,000
    Last Sale
    Mar 01, 2022
    $505,000
    Location Intelligence
    Property ID
    US63-2453752
    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

    • Office buildings

    Property Details for 306 Lakeside Rd

    Year built
    1965
    Lot size
    0.74 lot acres
    Property size
    6,500 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Office buildings
    APN
    313289 019.-01-20.0
    APU
    31328901901200

    Description

    This exceptional 1,000-square-foot office space is situated on the second floor of a secure building at 306 Lakeside Rd, Syracuse, NY 13209. Located in the Lakeland area (Town of Geddes), this property offers convenient access to Interstate 690 and State Fair Blvd, providing easy commutes to downtown Syracuse and surrounding suburbs. The building itself boasts a total of 6,500 square feet across two stories, situated on a 0.74-acre lot. Constructed in 1965, this single-tenant space is immediately available and features a blend of traditional and creative office layouts, making it suitable for a variety of businesses. The interior includes a private office, a conference room (which could also serve as a second private office), a bullpen area with existing workstations, a dedicated mailroom, and two bathrooms. The property is zoned Commercial C - Heavy Commercial (APN: 313289-019.-01-20.0) and offers ample parking. This partially furnished space presents a turnkey opportunity for businesses seeking a well-located and functional office environment in the vibrant Syracuse submarket. The building's secure environment adds an extra layer of peace of mind. Don't miss this chance to establish your business in this prime location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $610,000

    • CAP approach

      CAP return
      Estimation
      6%
      $475,000
      6.5%
      $470,000
      7%
      $535,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $425,000
      Retail
      $550,000
      Mixed-Use
      $455,000
      Hospitality
      $515,000
      Educational
      $555,000
      Residential Income
      $515,000
      Energy
      $460,000
      Income-Based Land
      $425,000
      Food Service
      $525,000

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.2542
    Latitude
    43.1052
    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
    $27,600
    $218,400
    $246,000
    -
    $44,160
    $349,440
    $393,600

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      1,064 SF

      6901-6905 Herman Rd

      PROFESSIONAL BUILDING • 1,064 SF
      6901-6905 Herman Rd, Syracuse, NY 13209
      View Details
    • Value Estimation
      $290,000
      6,420 SF

      2921 Milton Ave

      OFFICE BUILDING • 6,420 SF
      2921 Milton Ave, Syracuse, NY 13209
      View Details

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    306 Lakeside Rd
    Syracuse, NY 13209-9729
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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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