Property profile

5611 Business Ave Cicero, NY 13039

OFF-MARKET
Warehouses
Property ID
US63-2264813
5,100 SF 0.61 ac lot Built 1990
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,100-square-foot flex space at 5611 Business Ave in Cicero, NY, presents a unique opportunity for businesses seeking a versatile and conveniently located property. The single-tenant building, constructed in 1990, boasts a Class B rating and offers a flexible layout suitable for retail, office, or industrial uses. The entire 5,100 square feet is currently vacant and available for immediate occupancy. The property sits on a 0.61-acre lot and includes ample parking with 30 spaces available on-site. Its single-story design provides easy accessibility and efficient use of space. The building's location offers excellent access to major transportation arteries, including Interstates 81 and 481, ensuring convenient commutes for employees and clients. The property is well-suited for a variety of businesses and offers the potential for subdivision into smaller units to accommodate specific tenant needs. This prime location in Cicero, NY, combined with the building's versatile design and ample parking, makes this an attractive option for businesses seeking a functional and accessible space. The zip code is 13039.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1990
Total area 5,100 SF
Lot 0.61 ac (26,696 SF)
Zoning code CG
APN 312289 036.-01-36.0
UPID US63-2264813

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
  • General Contractor Renovation Specialist
  • Tax Preparation

Location

5611 Business Ave Cicero, NY 13039-9574
Cicero metro Census 10500 SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2023
Last sale
$385,000
3 recorded transactions
2023
$385,000
2009
$285,000
2007
$195,000

Zoning & alternative use

CG · Cicero, NY

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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