Property profile

614 Main St Syracuse, NY 13212

OFF-MARKET
Turn key restaurants
Property ID
US63-2240467
12,000 SF 0.57 ac lot Built 1965
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1965
Total area 12,000 SF
Lot 0.57 ac (24,983 SF)
Zoning code 01 - NOT ZONED
APN 312401 007.-01-11.1
UPID US63-2240467

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
  • Insurance Agency

Location

614 Main St Syracuse, NY 13212
Syracuse metro Census 10800 SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.04M
CAP Approach CAP
by Request
Comparable Approach Comparable
$805k
Blend (final) Blend
$980k

Owner & transaction history

since 2023
Last sale
$900,000
2 recorded transactions
2023
$900,000
2008
Price N/A

Zoning & alternative use

01 - NOT ZONED · Syracuse, NY
Top alternative use upside
Neighborhood: shopping center $1.3M +9.9%
Office building $1.2M +1.8%

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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