6800 Bay Rd, Cicero, NY 13039-9802
This exceptional offering comprises four strategically located development parcels totaling 80 acres in Cicero, NY, near the burgeoning Micron development. The property boasts an impressive 3,484,800 square feet and includes a 2.1-acre marina with 120 slips (6723 & 6727 Lakeshore Rd), zoned General Commercial, offering 811 feet of lakefront road frontage. An 8.9-acre multi-residential parcel (6722 Lakeshore Rd) is ready for development, previously permitted for 72 condo units, with potential for significantly more, featuring 670 feet of Lakeshore Rd and 997 feet of South Bay Rd frontage. A substantial 69-acre mixed-use parcel (6800 South Bay Rd) offers a blend of Neighborhood Commercial and Agricultural zoning, including an existing office building and 2089 feet of South Bay Rd frontage. This unique assemblage is ideally situated near Oneida Lake, a prestigious country club, and Syracuse Hancock International Airport, providing excellent access and attracting significant interest. Zoning allows for at least 680 total units across the parcels, presenting a rare opportunity to create a thriving community or commercial hub in a rapidly growing area. This is a once-in-a-lifetime chance to capitalize on the region's economic expansion and create a landmark development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.