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

    3800 Brewerton Rd Syracuse, NY 13212

    • Retail space
    • 10,535 SF
    • 1.50 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1243787
    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

    • Hawaiian Holiday Tanning / Tanning Salon
    • Woosah Smoke Shop / (Bike/Boat/Book/etc) Store
    • Dunkin' / Cafe & Coffee Shop
    • Julie's Diner / Restaurant
    • CNY Nails and Spa / Nail Salon

    Property Details for 3800 Brewerton Rd

    Year built
    1960
    Lot size
    1.50 lot acres
    Property size
    10,535 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Retail space
    APN
    312489 118.-01-13.0
    APU
    31248911801130

    Description

    This exceptional retail property, located at 3800 Plaza in North Syracuse, NY, offers a total of 9,610 square feet of leasable space, currently entirely vacant and ready for immediate occupancy. The property is classified as a multi-tenant retail building, ideal for a variety of commercial uses, particularly restaurants. The space is divisible, with a minimum leasable area of 1,500 square feet and a maximum contiguous space of 1,500 square feet. This presents a unique opportunity for a single tenant to occupy the entire space or for multiple smaller businesses to lease individual units. Ample parking is provided with 93 spaces available for tenants and customers. The property's location in North Syracuse offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in a thriving community. This is a rare opportunity to secure a substantial, fully vacant retail space in a desirable location. The property is available for lease and is ready for immediate build-out to suit your specific business needs. Contact us today to schedule a viewing and discuss your leasing options. Don't miss this chance to establish your business in this prime North Syracuse location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    N Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1432
    Latitude
    43.1184
    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
    $5,000
    $26,000
    $31,000
    -
    $167,785
    $872,483
    $1,040,268

    Comparable in this City

    • Value Estimation
      $2,185,000
      6,816 SF

      3769 Brewerton Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,816 SF
      3769 Brewerton Rd, Syracuse, NY 13212
      View Details
    • Value Estimation by Request
      9,555 SF

      429 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,555 SF
      429 Main St, North Syracuse, NY 13212-2811
      View Details
    • Value Estimation
      $1,450,000
      4,890 SF

      3902-3906 Brewerton Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,890 SF
      3902-3906 Brewerton Rd, N Syracuse, NY 13212
      View Details
    • Value Estimation
      $3,525,000
      26,900 SF

      415 Taft Rd

      RETAIL STORES (PERSONAL SERVICES) • 26,900 SF
      415 Taft Rd, Syracuse, NY 13212-3776
      View Details
    • Value Estimation by Request
      1,350 SF

      407 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,350 SF
      407 Main St, Syracuse, NY 13212-1630
      View Details
    • Value Estimation by Request
      16,645 SF

      5210 Taft Rd

      RETAIL STORES (PERSONAL SERVICES) • 16,645 SF
      5210 Taft Rd, N Syracuse, NY 13212-2704
      View Details

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    Similar Nearby for Lease

    • $11 SF/Yr
      8,750 SF

      401 Main St

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      401 Main St, North Syracuse, NY 13212
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space on Brewerton Road

      Retail space available for lease in Syracuse, NY.
      3800 Brewerton Rd, Syracuse, NY 13212
      View Details
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      Syracuse Retail Property For Lease

      Retail property available for lease in Syracuse, New York.
      419 Taft Rd East Syracuse, Syracuse, NY 13212
      View Details
    • Contact for pricing
      2,500 SF

      Equipped Restaurant Space Near Airport

      Restaurant space with equipment and high visibility near Syracuse Airport.
      201 Lawrence Rd E, Syracuse, NY 13212
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      59,483 SF

      Bear Road Plaza Retail Space

      North Syracuse retail center, prime location.
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    • Contact for pricing
      3,080 SF

      Restaurant Space with Full Bar

      Equipped restaurant space with a full bar for rent.
      3914 Brewerton Rd, Syracuse, NY 13212
      View Details
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    Syracuse, NY 13212
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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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