4000 New Ct Ave Syracuse, NY 13206-1639
Property profile & analytics
4000 New Ct Ave Syracuse, NY 13206-1639
- Warehouses
- 9,500 SF
- 0.58 lot acres
Property ID
US63-1603674
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 4000 New Ct Ave
- Year built
- 1950
- Lot size
- 0.58 lot acres
- Property size
- 9,500 SF
- Zone code
- 06 - INDUSTRIAL
- Property type
- Warehouses
- APN
- 312689 031.-10-01.1
- APU
- 31268903110011
Description
This 9,500-square-foot industrial flex building in Syracuse, NY, offers a versatile space for a variety of businesses. Located at 4000 New Ct Ave, this single-tenant property boasts a prime location with 125 feet of road frontage on the corner of Eastbourne Drive and New Court Ave. The building features 14-foot high ceilings under the joists, providing ample vertical space. Access is provided by one 12' x 14' overhead door, plus four loading docks with sixteen dock-high doors. There is also one drive-in door for convenient loading and unloading. The property includes five total parking spaces. The building has recently undergone significant improvements, including a new façade and exterior design, new three-phase electric service, energy-efficient LED lighting, and a Reznor heating system. The roof is in excellent condition. The property is zoned industrial within the Town of Dewitt and enjoys exceptional access to major transportation arteries, including I-690, I-90, I-481, and I-81. Lease terms and pricing are negotiable. This is a fantastic opportunity for a business seeking a well-maintained, strategically located industrial flex space in Syracuse.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $870,000
- ML approach
- $915,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $855,000
- 6.5%
- $790,000
- 7%
- $735,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $551,000
Market price range: $275k - $820k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $525,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,015,000 Change: +93% Conversion: Moderate
- OFFICE BUILDING
- $940,000 Change: +79% Conversion: Difficult
- RESTAURANT
- $925,000 Change: +76% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $725,000 Change: +38% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $720,000 Change: +37% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1111
- Latitude
- 43.0797
- 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
$35,000
$250,000
$285,000
-
$35,000
$250,000
$285,000
