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Financial
Distress signals
Property profile

779 State Fair Blvd Syracuse, NY 13209

FOR SALE
Turn key restaurants
Property ID
US63-2612677
4,424 SF 0.79 ac lot Built 1975
Last sale Nov 1998 · $50,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 25-yr Hold Held for 25 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A freestanding restaurant facility located on State Fair Boulevard, on a heavily traveled roadway with frontage positioned for visibility to passing traffic. The property is configured for day-to-day restaurant operations and includes select kitchen equipment. It offers ample on-site parking and direct, convenient access for staff and deliveries, with connections to major highways that support both drive-in customer access and efficient service access. Utilities include service by Solvay…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$199k
Assessed land$40k
Assessed improvement$159k

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$61k
Vacancy & credit loss−$2k
Operating expenses−$15k
NOI · 7.99% cap applied$44k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
Submarket average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$67 – $170
Qualifying comparables7

Cap rate analysis

How does the asset earn?
7.99%
$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
05 - COMMERCIAL
JurisdictionONONDAGA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm11.8
HVAC Service10.2
Electrical Service9.8

Location

779 State Fair Blvd Syracuse, NY 13209
County assessor Recorded deeds · not on file 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7153 State Fair, Syracuse, NY 13209-1833 $485,000 Nov 2023 6,536 SF
2320 Milton Ave, Syracuse, NY 13209-2209 $209,900 Nov 2020 No data
106 Lamont, Syracuse, NY 13209 $100,000 Dec 2019 3,008 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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