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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Investment properties
5824 Widewaters Pkwy Syracuse, NY 13214
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-0542044
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1983
Total area
14,884 SF
Lot
3.54 ac (154,202 SF)
Zoning code
05 - COMMERCIAL
APN
312689 053.-02-01.3
UPID
US63-0542044
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
$2.06M
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.50M
Owner & transaction history
Pinnacle Re1 LLC · 2 yrs held
Pinnacle Re1 LLC
since 2024
Last sale
$1.5M
2 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+40.4%
Office building
$1.5M
+30.1%
Restaurant
$1.5M
+27.8%
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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
$2,225,000
6.5%
$2,055,000
7%
$1,905,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,135,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,595,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$1,475,000
Change: +30% · Conversion: Easy
RESTAURANT
$1,450,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,130,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Jan 5 2024)
Last sale anchor
$1.50M
Jan 5 2024
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
$101 / 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
$818,600
Assessed 2023
Previous assessed
$818,600
+0.0% YoY
Assessed land
$113,000
Assessed improvement
$705,600
Land market value
$113,000
Improvement market value
$705,600
Total market value
$818,600
Applied tax rate
312,611.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1983
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
14,884 SF
Lot
3.54 ac (154,202 SF)
Zoning code
05 - COMMERCIAL
APN
312689 053.-02-01.3
UPID
US63-0542044
Jurisdiction
ONONDAGA
Zoning & alternative use
05 - COMMERCIAL · Syracuse, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · 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) Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1983
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
3.54 ac
Current owner
From public records · entity-resolved
Pinnacle Re1 LLC
Entity
Mailing address
5845 WIDEWATERS PKWYSTE30, EAST SYRACUSE, NY 13057-3075
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2024
$1,500,000
Pinnacle Re1 LLC
Sos Re Hldg Co LLC
Deed
$1,500,000 · James P Borer Rerob L
Feb 26, 2009
$134,500
5824 Widewaters LLC
R And W Realty LLC
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.
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