Property profile

664 Old Liverpool Rd 698 Liverpool, NY 13088

OFF-MARKET
Strip malls
Property ID
US63-3079873
47,015 SF 3.97 ac lot Built 1970
Entity Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity presents a 2,400 square foot storefront space within a vibrant Salina, NY shopping center at 664-698 Old Liverpool Road, near Electronics Parkway. Located on a 4.3-acre site, this Class B property boasts two single-story buildings totaling 53,894 square feet, constructed in 1970 and extensively renovated in 2023. The available space is part of a multi-tenant building, offering excellent visibility and accessibility. The property features ample parking with 150 spaces available. This is a land lease opportunity with an absolute net rent of $40,000 per year. The site is zoned for retail use and benefits from its location within a busy shopping center anchored by established businesses including Firestone, an ethnic grocer, a restaurant, a liquor store, and other successful retailers. While the maximum contiguous space is 2,400 square feet, the minimum divisible space is also 2,400 square feet. This pad site can accommodate a building up to 1,500 square feet. The property is situated in Salina, NY, 13088.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1970
Total area 47,015 SF
Lot 3.97 ac (172,933 SF)
Zoning code 05 - COMMERCIAL
APN 314889 077.-01-13.0
UPID US63-3079873

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
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Shopping Center & Mall

Location

664 Old Liverpool Rd, Unit 698 Liverpool, NY 13088-6047
Liverpool metro Census 13600 SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.25M
Comparable Approach Comparable
$2.02M
Blend (final) Blend
$1.67M

Owner & transaction history

since 2012
1 recorded transaction
2012
$2.8M

Zoning & alternative use

05 - COMMERCIAL · Liverpool, NY

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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