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    Property profile & analytics

    4915 Grolier Rd Syracuse, NY 13215-2222

    • Grocery and convenience stores
    • 10,000 SF
    • 1.09 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US63-6000096
    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.

    Current Use by Public Records

    • Family Dollar / Beer Store / Clothing Store

    Property Details for 4915 Grolier Rd

    Year built
    1965
    Lot size
    1.09 lot acres
    Property size
    10,000 SF
    Zone code
    07 - MIXED
    Property type
    Grocery and convenience stores
    APN
    314200 020.-01-16.1
    APU
    31420002001161

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $375,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $350,000
      Mixed-Use
      $400,000
      Hospitality
      $425,000
      Educational
      $340,000
      Residential Income
      $380,000
      Energy
      $410,000
      Income-Based Land
      $380,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1768
    Latitude
    43.0068
    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
    $52,900
    $262,100
    $315,000
    -
    $77,794
    $385,441
    $463,235

    Comparable in this City

    • Value Estimation by Request
      3,427 SF

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      FINANCIAL BUILDING • 3,427 SF
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      View Details
    • Value Estimation
      $255,000
      8,664 SF

      4553 Seneca Tpke

      RETAIL STORES (PERSONAL SERVICES) • 8,664 SF
      4553 Seneca Tpke, Syracuse, NY 13215-9785
      View Details
    • Value Estimation
      $310,000
      1,812 SF

      4865 Seneca Tpke

      FINANCIAL BUILDING • 1,812 SF
      4865 Seneca Tpke, Syracuse, NY 13215-2288
      View Details
    • Value Estimation by Request
      0.38 Acres

      4865 Seneca Tpke

      PARKING LOT • 0.38 Acres
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    • Value Estimation by Request
      2,100 SF

      4879 Ss Ave

      RESTAURANT • 2,100 SF
      4879 Ss Ave, Syracuse, NY 13215-2258
      View Details
    • Value Estimation
      $255,000
      2,100 SF

      4886 Seneca Tpke

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,100 SF
      4886 Seneca Tpke, Syracuse, NY 13215-2249
      View Details

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    Syracuse, NY 13215-2222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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