Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5860 Mckinley Rd Brewerton, NY 13029-9691

    • Industrial properties
    • 22,790 SF
    • 10.03 lot acres
    OFF-MARKET
    Last Sale
    Aug 07, 2020
    $103,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1505858
    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

    • Limestone Ridge Properties / Construction Company / General Contractor
    • Frigo Design / Metal Fabrication Plant / Factory
    • A-Verdi Storage Containers Syracuse / Storage Facility

    Property Details for 5860 Mckinley Rd

    Year built
    1970
    Lot size
    10.03 lot acres
    Property size
    22,790 SF
    Property type
    Industrial properties
    APN
    312289 093.-01-09.0
    APU
    31228909301090

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brewerton
    County
    Onondaga
    State
    New York
    Longitude
    -76.1142
    Latitude
    43.1909
    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
    $157,300
    $542,700
    $700,000
    -
    $218,472
    $753,750
    $972,222

    Comparable in this City

    • Value Estimation
      $2,615,000
      51,587 SF

      5370 Guy Young Rd

      INDUSTRIAL (GENERAL) • 51,587 SF
      5370 Guy Young Rd, Brewerton, NY 13029-9419
      View Details
    • Value Estimation by Request
      60.54 Acres

      8600 Pardee Rd

      Land • 60.54 Acres
      8600 Pardee Rd, Brewerton, NY 13029
      View Details
    • Value Estimation by Request
      1,200 SF

      6358 Muskrat Bay Rd

      WASTE DISPOSAL, SEWAGE • 1,200 SF
      6358 Muskrat Bay Rd, Brewerton, NY 13029
      View Details
    • Value Estimation
      $640,000
      9,336 SF

      5664 Mud Ml Rd

      WAREHOUSE, STORAGE • 9,336 SF
      5664 Mud Ml Rd, Brewerton, NY 13029-8614
      View Details
    • Value Estimation by Request
      1,200 SF

      5766 Albert Dr

      WASTE DISPOSAL, SEWAGE • 1,200 SF
      5766 Albert Dr, Brewerton, NY 13029-9629
      View Details
    • Value Estimation by Request
      1,124 SF

      9413 Brewerton Rd

      STORAGE YARD (JUNK, SALVAGE) • 1,124 SF
      9413 Brewerton Rd, Brewerton, NY 13029-9733
      View Details

    Similar Nearby for Sale

    • $295,000
      6,656 SF

      Spacious Pole Barn Near I-81

      6656 SF pole barn on 2.96 acres near I-81.
      8762 Brewerton Rd, Brewerton, NY 13029
      View Details
    • $1,599,999

      Expansive Acreage with Development Potential

      Large 41.56-acre parcel ideal for residential or commercial development.
      5592 Nancy Ave, Brewerton, NY 13029
      View Details
    • $339,000
      2,760 SF

      Brewerton Commercial Lot For Sale

      Commercial lot near Micron Microchip site, ideal for retail.
      9497 Brewerton Rd, Brewerton, NY 13029
      View Details
    • $169,500

      Commercial Land Near White Pine

      1.13 acre commercial lot near White Pine Commerce Park.
      9302 Brewerton Rd, Brewerton, NY 13029
      View Details
    • $1,100,000
      8,417 SF

      Brewerton Development Opportunity

      High-yield multi-use site near Micron.
      5472 Miller Rd, Brewerton, NY 13029
      View Details
    • $1,100,000
      8,417 SF

      Development Site Near Micron

      4.88 acre development site with income producing buildings.
      5472 Miller Rd, Brewerton, NY 13029
      View Details

    Similar Nearby for Lease

    • New
      $4,600 /Mo
      4,416 SF

      Brewerton Commercial Building For Rent

      4400+ sq ft building in prime Cicero location.
      9168 Brewerton Rd, Brewerton, NY 13029
      View Details
    • Contact for pricing
      5,000 SF

      Versatile Commercial Space Near I-81

      Adaptable 5,000 sq ft space suitable for various businesses.
      5771 Miller Rd, Brewerton, NY 13029
      View Details
    • $2,200,000

      Development Opportunity Near Micron Site

      5.5-acre site near Micron, visible from Route 81.
      8860 Brewerton Rd, Cicero, NY 13029
      View Details
    • $2,200,000

      Development Opportunity on 5.5 Acres

      5.5 acre site near Micron with development potential.
      8860 Brewerton Rd, Brewerton, NY 13029
      View Details
    • Contact for pricing
      3,360 SF

      Brewerton Road Special Purpose Property

      3,360 sq ft Office Building, Brewerton, NY
      9562 Brewerton Rd, Brewerton, NY 13029
      View Details
    • $2,200,000
      239,580 SF

      Development Opportunity Near Micron Site

      5.5 acre commercial land near Micron development with highway visibility.
      8860 Brewerton Rd, Brewerton, NY 13029
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5860 Mckinley Rd
    Brewerton, NY 13029-9691
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.