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Property profile & analytics
FOR SALE
Office buildings
725 Irving Ave, Syracuse, NY 13210
Entity Owned
Absentee Owner
Free & Clear
Property ID
US63-0029098
For Sale
1 / 26
$110,000
725 Irving Ave, Syracuse, NY 13210
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1976
Total area
90,000 SF
Lot
0.48 ac (20,828 SF)
Zoning code
25
APN
311500 049.-09-09.1
UPID
US63-0029098
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
Current use
Occupant on record · Public records
-
Dr. Leah Kaufman Physician
-
Dr. Usha Bhalodia, MD Physician
-
Kim Wallenstein Pediatrician Medical Clinic
-
Richard D Semeran MD PC Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.21M
Comparable Approach
Comparable
$13.76M
Blend (final)
Blend
$11.82M
Owner & transaction history
CIM PHYSICIANS BLDG LLC
CIM PHYSICIANS BLDG LLC
Zoning & alternative use
25 · Syracuse, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$9.6M
+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 Syracuse submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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%
$15,390,000
6.5%
$14,205,000
7%
$13,190,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,925,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$9,635,000
Change: +8% · Conversion: Difficult
RESTAURANT
$8,765,000
Change: -2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$8,105,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$11.82M
Range $10.64M – $13.00M · ±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
$131 / 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
$12,000,000
Assessed 2023
Previous assessed
$11,500,000
+4.3% YoY
Assessed land
$823,000
Assessed improvement
$11,177,000
Land market value
$1,275,969
Improvement market value
$17,328,682
Total market value
$18,604,651
Applied tax rate
311,500.0000
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
PROFESSIONAL BUILDING
Status
For Sale
Year built
1976
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
8
Total area
90,000 SF
Lot
0.48 ac (20,828 SF)
Zoning code
25
APN
311500 049.-09-09.1
UPID
US63-0029098
Jurisdiction
ONONDAGA
Zoning & alternative use
25 · Syracuse, NY
Zoning 25 · permitted uses
25 · Syracuse, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Syracuse. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.6M
RESTAURANT
Est. value
$8.8M
COMMERCIAL (GENERAL)
Est. value
$8.1M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
COMMERCIAL (GENERAL)
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
1976
Heating
NONE
Cooling
Yes
Stories
8
Buildings
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
CIM PHYSICIANS BLDG LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3500 AMERICAN BLVD W STE #500, BLOOMINGTON, MN 55431-4413
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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