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Property profile

647 W Genesee St Syracuse, NY 13204

FOR SALE
Automotive properties
Property ID
US63-0543313
37,170 SF 1.45 ac lot Built 1940
Last sale Mar 2025 · $1,275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, a former Lowery Jeep Dealership, presents a unique investment opportunity in Syracuse, NY. The expansive 37,170+/- square foot building sits on a 1.45+/- acre corner lot boasting excellent visibility on Syracuse's historic Automobile Row. The property features 800 amp power, four existing drive-in overhead doors, and impressive ceiling heights ranging from 11.5' to 19'. The layout includes a showroom, a large service department, a parts department, and a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$838k
Assessed land$198k
Assessed improvement$640k

Value estimate

· Oct 2026
$645k
$581k – $710k
Submarket $/SF estimate$1.91M
NOI build-up
Gross scheduled income$254k
Vacancy & credit loss−$18k
Operating expenses−$71k
NOI · 6.64% cap applied$166k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$76/SF
Submarket average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$51 – $112

Cap rate analysis

How does the asset earn?
6.64%
$166k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
05 - COMMERCIAL
JurisdictionONONDAGA

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.8
Shoe Repair8.7
Locksmith8.2

Location

647 W Genesee St Syracuse, NY 13204
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 Geddes, Syracuse, NY 13204-2235 $250,000 Mar 2024 2,835 SF
321 Wilbur, Syracuse, NY 13204-2622 $244,000 Dec 2023 5,828 SF
122 Plum, Syracuse, NY 13204-2427 $305,000 Dec 2022 7,012 SF
971 Spencer, Syracuse, NY 13204-1136 $220,000 Apr 2022 4,648 SF
307 Geddes, Syracuse, NY 13204-2810 $44,100 Jan 2022 2,682 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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