431 Genesee St Chittenango, NY 13037
Property Lookup
Property profile & analytics
431 Genesee St Chittenango, NY 13037
- Retail space
- 6,806 SF
- 0.72 lot acres
Property ID
US63-5712120
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
- Advance Auto Parts / Rental Equipment Company
- UPS Access Point location / Courier Service / Postal Service
Property Details for 431 Genesee St
- Year built
- 2007
- Lot size
- 0.72 lot acres
- Property size
- 6,806 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Retail space
- APN
- 254801 41.81-1-47
- APU
- 2548014181147
Description
This fee-simple investment opportunity presents a 6,549 square foot Advance Auto Parts store in Chittenango, NY. The property, built in 2007, sits on a 0.67-acre lot with 32 parking spaces and boasts a prominent location at the signalized intersection of US Hwy 5 and Genesee St, experiencing over 21,900 vehicles per day. The current lease, a Net Net (NN) agreement with limited landlord responsibilities, has approximately 3 years remaining with three 5-year options to extend, featuring 5% rental increases at the start of each option period. The property generates a Net Operating Income (NOI) of $123,516, resulting in an 8.25% capitalization rate. The asking price is $1,497,000 ($228.58/sq ft). The property is zoned commercial and benefits from strong tenant synergy with nearby national retailers including Walgreens, O'Reilly Auto Parts, and more, serving a 5-mile trade area with over 12,100 residents and an average household income of $121,874. This presents a low-management, high-return investment opportunity with a well-established tenant in a prime retail location. The property's APN is 254801 41.81-1-47.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,690,000
- ML approach
- $1,635,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,465,000
- 6.5%
- $1,355,000
- 7%
- $1,255,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $979,000
Market price range: $205k - $980k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chittenango
- County
- Madison
- State
- New York
- Longitude
- -75.8664
- Latitude
- 43.0514
- 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
0
$0.00
$146,000
$476,000
$622,000
-
$211,594
$689,855
$901,449
