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Property profile & analytics
OFF-MARKET
Estimated value
$9,180,000
Manufacturing properties
8383 Seneca Tpke, New Hartford, NY 13413-4957
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-3393360
Property summary
AI-generated overview
This exceptional executive office and call center space, located at 8383 Seneca Turnpike in New Hartford, NY 13413, offers a total of 207,775 square feet within a General Commercial District (C-1) zoning. Currently, there are 11,975 square feet of vacant space available for lease, divisible into units ranging from a minimum of 5,600 square feet to a maximum contiguous space of 6,375 square feet. The property is ideally suited for businesses requiring multiple tenancies and offers ample parking with 650 spaces available for tenants and their clients. The building's strategic location on Seneca Turnpike provides excellent visibility and accessibility. This presents a unique opportunity for businesses seeking modern, efficient, and well-located office space in a thriving commercial area. The property's size and flexible layout cater to a variety of business needs, making it an attractive option for companies looking to expand or establish a presence in New Hartford. The ample parking ensures convenient access for employees and visitors alike. Interested parties are encouraged to inquire about leasing opportunities to secure this prime commercial real estate.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Total area
194,300 SF
Lot
30.09 ac (1,310,720 SF)
Zoning code
05 - COMMERCIAL
APN
304889 328.000-3-10.1
UPID
US63-3393360
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
-
PAR Vision Systems Corporation Medical Supply Store
-
PAR Technology Corporation (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.41M
Blend (final)
Blend
$9.18M
Owner & transaction history
57 West Properties LLC · 7 yrs held
57 West Properties LLC
since 2018
1 recorded transaction
Zoning & alternative use
05 - COMMERCIAL · New Hartford, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$11.1M
+121.6%
Warehouse, storage
$10.4M
+108.0%
Medical building
$9.3M
+86.0%
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 New Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Hartford 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
RETAIL STORES
$11,095,000
Change: +122% · Conversion: Moderate
WAREHOUSE, STORAGE
$10,415,000
Change: +108% · Conversion: Easy
MEDICAL BUILDING
$9,315,000
Change: +86% · Conversion: Difficult
OFFICE BUILDING
$8,860,000
Change: +77% · Conversion: Difficult
Blend value · Realmo final
$9.18M
Range $8.26M – $10.10M · ±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
$47 / 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
Property tax & assessments
Assessed value
$6,420,000
Assessed 2023
Previous assessed
$6,420,000
+0.0% YoY
Assessed land
$792,500
Assessed improvement
$5,627,500
Land market value
$1,390,351
Improvement market value
$9,872,807
Total market value
$11,263,158
Applied tax rate
304,801.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
194,300 SF
Lot
30.09 ac (1,310,720 SF)
Zoning code
05 - COMMERCIAL
APN
304889 328.000-3-10.1
UPID
US63-3393360
Jurisdiction
ONEIDA
Zoning & alternative use
05 - COMMERCIAL · New Hartford, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · New Hartford, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Hartford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$11.1M
WAREHOUSE, STORAGE
Est. value
$10.4M
MEDICAL BUILDING
Est. value
$9.3M
OFFICE BUILDING
Est. value
$8.9M
RETAIL STORES
WAREHOUSE, STORAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1972
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
30.09 ac
Current owner
From public records · entity-resolved
57 West Properties LLC
Entity
Mailing address
8383 SENECA TPKE, NEW HARTFORD, NY 13413-4957
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2018
$1,550,000
57 West Properties LLC
Par Technology Corp
Grant Deed
$1,240,000 · Adirondack Bk
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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