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    6300 Thompson Rd Syracuse, NY 13206-1411
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    Property profile & analytics

    6300 Thompson Rd, Syracuse, NY 13206-1411

    View on Map
    • Drive through restaurants
    • 2,770 SF
    • 1.32 lot acres
    Off-Market
    Property ID
    US63-5044948
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Burger King / Restaurant

    Property Details for 6300 Thompson Rd

    Year built
    2014
    Lot size
    1.32 lot acres
    Zone code
    03 - MULTI-FAMILY
    Property type
    Drive through restaurants
    APN
    312689 033.-05-03.1
    APU
    31268903305031

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 10, 2017 — Hhe Metro Homes LLC Carrols LLC Deed —
    Oct 28, 2011 — Carrols LLC Carrols Corporation Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.0885
    Latitude
    43.0763
    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
    $68,300
    $624,200
    $692,500
    -
    $68,300
    $624,200
    $692,500

    Comparable in this City

    • Value Estimation by Request
      2,635 SF

      6463 Thompson Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      6463 Thompson Rd, Syracuse, NY 13206-1409
      View Details
    • Value Estimation by Request
      2,915 SF

      3798 James St

      DRIVE-THRU RESTAURANT, FAST FOOD
      3798 James St, Syracuse, NY 13206-2561
      View Details
    • Value Estimation by Request
      2,776 SF

      1909 Teall Ave

      DRIVE-THRU RESTAURANT, FAST FOOD
      1909 Teall Ave, Syracuse, NY 13206
      View Details
    • Value Estimation by Request
      1,242 SF

      1400 Burnet Ave

      DRIVE-THRU RESTAURANT, FAST FOOD
      1400 Burnet Ave, Syracuse, NY 13206-3519
      View Details
    • Value Estimation
      $620,000
      3,902 SF

      6481 Thompson Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      6481 Thompson Rd, Syracuse, NY 13206-1409
      View Details
    • Value Estimation
      $1,755,000
      2,004 SF

      6238 Thompson Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      6238 Thompson Rd, Syracuse, NY 13206-1498
      View Details

    Similar Nearby for Sale

    • $550,000

      Spacious Restaurant with Full Equipment

      Well-equipped restaurant with multiple dining areas and extensive kitchen.
      1370 Burnet Ave, Syracuse, NY 13206
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    • Contact for pricing
      2,187 SF

      Bank with Drive-Thru and Parking

      Bank with drive-thru, storage, basement, parking, and high traffic.
      6004 Court Street Rd, Syracuse, NY 13206
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    Similar Nearby for Lease

    • Contact for pricing
      9,068 SF

      Retail Space on Thompson Road

      9,068 SF retail, office, and warehouse space for lease.
      6361 Thompson Rd, Syracuse, NY 13206
      View Details
    • Contact for pricing
      14,499 SF

      Grocery Anchored Retail Space

      Retail space in a grocery-anchored center with ample parking.
      101 Shop City Plz, Syracuse, NY 13206
      View Details
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      Syracuse Retail Space Available

      Retail spaces available, ranging from 1,316 to 23,542 SqFt.
      1820 Teall Ave, Syracuse, NY 13206
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    • Contact for pricing
      9,200 SF

      Burnet Avenue Warehouse/Retail Space

      Warehouse and retail space available for lease on Burnet Avenue.
      3318-3320 Burnet Ave, Syracuse, NY 13206
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    • Contact for pricing

      Thompson Road Auto Service Center

      2,816 SF auto service center with showroom and flex space.
      6401 Thompson Rd, Syracuse, NY 13206
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    • Contact for pricing
      1,316 SF

      Grocery Anchored Retail Space

      Retail space in a grocery-anchored center with strong demographics.
      340 Grant Ave, Syracuse, NY 13206
      View Details

    Property Visit Statistics

    • Visits by month
      18.3k
    • Visitors by month
      11.9k
    • Avg Time on site
      12 min
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    Syracuse, NY 13206-1411
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    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
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