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Property profile & analytics
OFF-MARKET Estimated value $1,115,000
Investment properties

314 Lakeside Rd Syracuse, NY 13209-9786

13,221 SF 0.72 ac lot Built 1974
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US63-1352193
Property summary
AI-generated overview

This exceptional 13,221 square foot commercial property at 314 Lakeside Road presents a unique investment opportunity. The single-story, Class B building, constructed in 1974 and extensively renovated in 2020, offers a versatile mix of traditional office, flex, and warehouse space. Currently, there are three available suites ranging from a minimum of 227 square feet to a maximum contiguous space of 2,251 square feet, totaling 3,329 square feet of vacant space. The property sits on a sizable 31,500 square foot lot and features convenient amenities including ample parking, a new HVAC system, and central air conditioning throughout. Ideal for a variety of businesses, the building includes two overhead doors (no dock) and is equipped with a food-grade setup, complete with a grease trap, making it suitable for manufacturing or food-related operations. The building's location just off I-690 provides excellent accessibility. All utilities and trash removal are shared expenses among tenants, utilizing Solvay electric. This is a rare chance to secure prime commercial space in a well-maintained, recently updated building. Don't miss this opportunity to establish or expand your business in a strategic location.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1974
Total area 13,221 SF
Lot 0.72 ac (31,500 SF)
Zoning code 05 - COMMERCIAL
APN 313289 019.-01-18.5
UPID US63-1352193
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
$1,000k
Blend (final) Blend
$1.12M
Owner & transaction history
314 Lakeside Road LLC · 20 yrs held
314 Lakeside Road LLC
since 2006
1 recorded transaction
2006
$385,000
Zoning & alternative use
05 - COMMERCIAL · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.4M +40.4%
Office building $1.3M +30.1%
Restaurant $1.3M +27.8%
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