Property profile

505 Mitchell Ave Syracuse, NY 13208

OFF-MARKET
Warehouses
Property ID
US63-2745430
9,008 SF 0.26 ac lot Built 1966
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1966
Total area 9,008 SF
Lot 0.26 ac (11,400 SF)
Zoning code 05 - COMMERCIAL
APN 314889 066.-09-08.1
UPID US63-2745430

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop

Location

505 Mitchell Ave Syracuse, NY 13208-1430
Syracuse metro Census 14200 SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$750k
Comparable Approach Comparable
$514k
Blend (final) Blend
$315k

Owner & transaction history

since 2025
Last sale
$595,000
4 recorded transactions
2025
$595,000
2019
$225,000
2013
$145,000
2010
Price N/A

Zoning & alternative use

05 - COMMERCIAL · Syracuse, NY
Top alternative use upside
Neighborhood: shopping center $965,000 +93.3%
Office building $895,000 +79.1%
Restaurant $875,000 +75.9%

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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