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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Office buildings
6704 Buckley Rd North Syracuse, NY 13212
Entity Owned
Absentee Owner
Free & Clear
Property ID
US63-4335331
Property summary
AI-generated overview
This exceptional 3,150 square foot office suite, located in the desirable Sherwood Office Park, presents a fantastic opportunity for a single tenant. Situated within a 6,000 square foot, single-story Class B building constructed in 2013 and renovated in 2020, this space boasts five private offices, a large conference room accommodating 10-12 people, a kitchenette, a spacious 700 square foot bullpen area, secured file storage, and a welcoming reception area. The property offers ample parking with 40 spaces available on a one-acre lot. Its convenient location provides easy access to the New York State Thruway and Interstate 81, placing it minutes from downtown Syracuse and Syracuse International Airport. The suite also benefits from prominent signage on Buckley Road, enhancing visibility and brand recognition. This move-in ready space is perfect for a business seeking a well-appointed and strategically located office environment. The vacant space comprises 3,150 square feet of the total building area.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2011
Total area
6,096 SF
Lot
0.36 ac (15,640 SF)
Zoning code
03 - MULTI-FAMILY
APN
314889 051.-01-02.2
UPID
US63-4335331
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$872k
Blend (final)
Blend
$645k
Owner & transaction history
SHERWOOD OFFICE PARK LLC
SHERWOOD OFFICE PARK LLC
Zoning & alternative use
03 - MULTI-FAMILY · North Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$780,000
+29.1%
Neighborhood: shopping center
$655,000
+8.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Syracuse submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Syracuse submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$605,000
Current use
COMMERCIAL (GENERAL)
$780,000
Change: +29% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$655,000
Change: +8% · Conversion: Difficult
RESTAURANT
$595,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$645k
Range $581k – $710k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$440,000
Assessed 2023
Previous assessed
$440,000
+0.0% YoY
Assessed land
$25,000
Assessed improvement
$415,000
Land market value
$28,090
Improvement market value
$466,292
Total market value
$494,382
Applied tax rate
314,801.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2011
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
6,096 SF
Lot
0.36 ac (15,640 SF)
Zoning code
03 - MULTI-FAMILY
APN
314889 051.-01-02.2
UPID
US63-4335331
Jurisdiction
ONONDAGA
Zoning & alternative use
03 - MULTI-FAMILY · North Syracuse, NY
Zoning 03 - MULTI-FAMILY · permitted uses
03 - MULTI-FAMILY · North Syracuse, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Syracuse. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$605,000
COMMERCIAL (GENERAL)
Est. value
$780,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$655,000
RESTAURANT
Est. value
$595,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2011
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
SHERWOOD OFFICE PARK LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5541 GOLDEN HTS DR, FAYETTEVILLE, NY 13066-9682
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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