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Property profile & analytics
OFF-MARKET
Estimated value
$2,270,000
Automotive properties
3446 Burnet Ave Syracuse, NY 13206
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-3614054
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2008
Total area
21,184 SF
Lot
2.87 ac (125,017 SF)
Zoning code
22
APN
311500 026.-23-14.2
UPID
US63-3614054
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
Current use
Occupant on record · Public records
-
Bill Rapp Subaru - Parts Auto Parts Store
-
Bill Rapp Subaru Car Dealership
-
Electric Vehicle Charging Station Electric Vehicle Charging Station
-
Bill Rapp Subaru - Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.38M
Blend (final)
Blend
$2.27M
Owner & transaction history
Cars-db4 LP · 2 yrs held
Cars-db4 LP
since 2024
3 recorded transactions
Zoning & alternative use
22 · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.3M
+40.8%
Office building
$2.1M
+30.5%
Restaurant
$2.1M
+28.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,610,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,270,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$2,100,000
Change: +30% · Conversion: Difficult
RESTAURANT
$2,065,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,620,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$2.27M
Range $2.04M – $2.50M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$107 / SF
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
$2,205,000
Assessed 2023
Previous assessed
$2,205,000
+0.0% YoY
Assessed land
$340,000
Assessed improvement
$1,865,000
Land market value
$527,132
Improvement market value
$2,891,473
Total market value
$3,418,605
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2008
Heating
NONE
Buildings
2
Stories
1
Total area
21,184 SF
Lot
2.87 ac (125,017 SF)
Zoning code
22
APN
311500 026.-23-14.2
UPID
US63-3614054
Jurisdiction
ONONDAGA
Zoning & alternative use
22 · Syracuse, NYZoning 22 · permitted uses
22 · Syracuse, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.1M
RESTAURANT
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Stories
1
Buildings
2
Lot
2.87 ac
Current owner
From public records · entity-resolved
Cars-db4 LP
Entity
Free & Clear · 2 yrs held
Mailing address
3449 BURNET AVESTE20, SYRACUSE, NY 13206-2548
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2024
—
Cars-db4 LP
Cars-db12 LLC
Deed
—
Apr 3, 2023
$8,250,000
Cars Db12 LLC
Bill Rapp INC
Deed
$8,806,000 · Credit Suisse First Boston Fncl Cor
Apr 3, 2023
$7,950,000
Cars Db12 LLC
Ppar 3 Realty LLC
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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