New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,450,000
Motels
5418 Bay Rd, Syracuse, NY 13212-3801
Entity Owned
~
Est. High Equity
Property ID
US63-3785048
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2006
Total area
47,844 SF
Lot
2 ac (87,120 SF)
Zoning code
06 - INDUSTRIAL
APN
314889 058.-01-03.4
UPID
US63-3785048
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
-
Holiday Inn Express Syracuse Airport, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.93M
CAP Approach
CAP
$4.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.45M
Owner & transaction history
5418 South Bay LLC
5418 South Bay LLC
since 2026
Last sale
$6.3M
5 recorded transactions
Zoning & alternative use
06 - INDUSTRIAL · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.7M
+404.7%
Restaurant
$5.7M
+403.5%
Auto repair, garage
$5.0M
+338.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Syracuse submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Syracuse submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,575,000
ML approach
$7,930,000
CAP Approach
CAP Return
Estimation
6%
$4,600,000
6.5%
$4,245,000
7%
$3,945,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,720,000
Change: +405% · Conversion: Difficult
RESTAURANT
$5,705,000
Change: +404% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,970,000
Change: +339% · Conversion: Difficult
Blend value · Realmo final
$6.45M
Range $5.81M – $7.10M · ±10% · vs last sale $6.25M (Jul 15 2022)
Last sale anchor
$6.25M
Jul 15 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$135 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$2,911,300
Assessed 2023
Previous assessed
$2,911,300
+0.0% YoY
Assessed land
$500,000
Assessed improvement
$2,411,300
Land market value
$561,798
Improvement market value
$2,709,326
Total market value
$3,271,124
Applied tax rate
312,403.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
47,844 SF
Lot
2 ac (87,120 SF)
Zoning code
06 - INDUSTRIAL
APN
314889 058.-01-03.4
UPID
US63-3785048
Jurisdiction
ONONDAGA
Zoning & alternative use
06 - INDUSTRIAL · Syracuse, NY
Zoning 06 - INDUSTRIAL · permitted uses
06 - INDUSTRIAL · Syracuse, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Syracuse. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.7M
RESTAURANT
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$5.0M
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Cooling
Yes
Stories
3
Buildings
1
Lot
2 ac
Current owner
From public records · entity-resolved
5418 South Bay LLC
Entity
Mailing address
5418 S BAY RD, NORTH SYRACUSE, NY 13212-3801
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2026
$12,370,000
5418 South Bay LLC
Saloni Hospitality LLC
Deed
$4,725,000 · Central Valley Bank
Apr 9, 2026
—
5418 South Bay LLC
—
Deed
related
$1,926,818 · Central Valley Bank
Jul 15, 2022
$6,250,000
Saloni Hospitality LLC
5418 Syracuse INC
Deed
—
Feb 22, 2021
$2,700,000
5418 Syracuse INC
Rss Msbam 2015-c20 Ny LLC
Deed
—
Apr 28, 2020
$4,200,000
Rss Msbam Ny Sae LLC
Robert P Stanley
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5418 Bay Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
