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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

4915 Grolier Rd Syracuse, NY 13215-2222

10,000 SF 1.09 ac lot Built 1965
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US63-6000096
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1965
Total area 10,000 SF
Lot 1.09 ac (47,480 SF)
Zoning code 07 - MIXED
APN 314200 020.-01-16.1
UPID US63-6000096
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Aljoufi INC · 12 yrs held
Aljoufi INC
since 2014
3 recorded transactions
2019
Price N/A
2014
$280,000
2009
$210,000
Zoning & alternative use
07 - MIXED · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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