4915 Grolier Rd Syracuse, NY 13215-2222
This exceptional 9,062-square-foot retail property, located at 4915 Grolier Rd in Syracuse, NY, presents a unique investment opportunity. Situated on a one-acre lot in Onondaga County (zip code 13215), this single-story building offers ample space for a variety of retail uses. Originally constructed in 1965, the property underwent a complete renovation in 2020, ensuring modern amenities and functionality. Currently vacant, this property is priced at $980,000, translating to $108.14 per square foot. The entire 9,062 square feet is net rentable, providing maximum usable space for the new owner or tenant. Its convenient location in Syracuse makes it highly attractive for businesses seeking a strong presence in a thriving market. The property's versatility allows for various retail concepts, including convenience stores, grocery stores, or even a smaller shopping center. This is a rare opportunity to acquire a fully renovated, vacant retail space in a desirable location. The property is ready for immediate occupancy, allowing for a swift start to operations. The building's modern features and prime location combine to create a compelling investment prospect.
-
Family Dollar Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
07 - MIXED · Syracuse, NYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.