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    7555 Kirkville Rd Kirkville, NY 13082
    Property profile & analytics

    7555 Kirkville Rd Kirkville, NY 13082

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    • Investment properties
    • 4,000 SF
    • 0.82 lot acres
    For Sale
    $275,000
    View Listing →
    Kirkville Road Retail Redevelopment Opportunity For Sale
    $275,000
    4,000 SF

    Kirkville Road Retail Redevelopment Opportunity

    4,000 SF metal building suitable for redevelopment or auto retail.

    7555 Kirkville Rd, Kirkville, NY 13082
    View Listing
    Property ID
    US63-1271096
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 7555 Kirkville Rd

    Year built
    1974
    Lot size
    0.82 lot acres
    Property size
    4,000 SF
    Zone code
    RA
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    313889 050.-01-18.2
    APU
    31388905001182

    Description

    This exceptional commercial property, located at 7555 Kirkville Road in Kirkville, New York, presents a compelling investment opportunity. The 4,000 square foot building sits on a sizable 0.82-acre lot, offering significant potential for redevelopment or continued commercial use. Its strategic location just east of the intersection of Kirkville Road and Schepps Corners Road ensures high visibility and accessibility. The property's history as Cunningham Auto Parts provides a solid foundation for a variety of commercial ventures. The expansive lot size allows for ample parking and potential expansion. This property offers a unique chance to acquire a well-situated commercial space in a growing area. Note that this property can be purchased in conjunction with the adjacent 7545 Kirkville Road property, creating an even larger development opportunity. The combined properties would represent a significant land holding with substantial potential for future growth and development. This is an ideal opportunity for investors or developers seeking a prime location with considerable upside. The asking price of $299,000 presents a competitive entry point into the Kirkville commercial real estate market. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $620,000
      6.5%
      $575,000
      7%
      $530,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $551,000
      Market price range: $176k - $551k
      AI Estimate
      $515,000
      Market price range: $182k - $515k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $365,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $430,000
      Change: +17% Conversion: Difficult
      OFFICE BUILDING
      $425,000
      Change: +16% Conversion: Easy
      AUTO REPAIR, GARAGE
      $410,000
      Change: +13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kirkville
    County
    Onondaga
    State
    New York
    Longitude
    -76.0004
    Latitude
    43.0882
    CBSA code
    45060
    CBSA name
    SYRACUSE, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $87,400
    $202,600
    $290,000
    -
    $87,400
    $202,600
    $290,000

    Comparable in this City

    • Value Estimation by Request
      5,978 SF

      6784 Manlius Rd

      STORE/OFFICE (MIXED USE) • 5,978 SF
      6784 Manlius Rd, Kirkville, NY 13082-9757
      View Details
    • Value Estimation by Request
      1,152 SF

      6765 Manlius Rd

      STORE/OFFICE (MIXED USE) • 1,152 SF
      6765 Manlius Rd, Kirkville, NY 13082
      View Details
    • Value Estimation by Request
      2,451 SF

      6225 Kirkville Rd

      STORE/OFFICE (MIXED USE) • 2,451 SF
      6225 Kirkville Rd, Kirkville, NY 13082
      View Details
    • Value Estimation by Request
      7,940 SF

      6406 Kirkville Rd

      STORE/OFFICE (MIXED USE) • 7,940 SF
      6406 Kirkville Rd, Kirkville, NY 13082
      View Details
    • Value Estimation by Request
      2,400 SF

      7884 Saintsville Rd

      STORE/OFFICE (MIXED USE) • 2,400 SF
      7884 Saintsville Rd, Kirkville, NY 13082-9307
      View Details
    • Value Estimation by Request
      1,792 SF

      Saintsville Rd

      STORE/OFFICE (MIXED USE) • 1,792 SF
      Saintsville Rd, Kirkville, NY 13082
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,000 SF

      Kirkville Retail or Redevelopment Opportunity

      4,000 SF metal building suitable for retail or redevelopment.
      7555 Kirkville Rd, Kirkville, NY 13082
      View Details
    • Contact for pricing
      Pending

      Kirkville Automotive Property for Sale

      Automotive property in Kirkville, NY, suitable for redevelopment.
      7555 Kirkville Rd, Kirkville, NY 13082
      View Details
    • Contact for pricing
      4,000 SF

      Kirkville Road Retail Redevelopment Opportunity

      4,000 SF metal building suitable for redevelopment or auto retail.
      7555 Kirkville Rd, Kirkville, NY 13082
      View Details
    View Listing
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    Kirkville, NY 13082
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    7555 Kirkville Rd, Kirkville, NY, 13082
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