Property profile

488 State Rte 5a Elbridge, NY 13060

OFF-MARKET
Manufacturing properties
Property ID
US63-4057572
97,390 SF 31.92 ac lot Built 1960
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1960
Total area 97,390 SF
Lot 31.92 ac (1,390,435 SF)
Zoning code 9
APN 312889 040.-04-25.1
UPID US63-4057572

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

488 State Rte 5a Elbridge, NY 13060-9621
Elbridge metro Census 12000 SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.73M
Comparable Approach Comparable
$7.83M
Blend (final) Blend
$6.15M

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

9 · Elbridge, NY
Top alternative use upside
Auto repair, garage $10.0M +131.6%
Commercial (general) $8.9M +105.2%
Warehouse, storage $5.8M +33.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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