Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Oswego Rd, NY

    • Investment properties
    • 38,446 SF
    • 10.06 lot acres
    OFF-MARKET
    Value Estimations
    $3,155,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-0183192
    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.

    Current Use by Public Records

    • Investment properties

    Property Details

    Year built
    1978
    Lot size
    10.06 lot acres
    Property size
    38,446 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    312489 020.-01-14.1
    APU
    31248902001141

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,510,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $4,115,000
      Change: +17% Conversion: Difficult
      OFFICE BUILDING
      $4,080,000
      Change: +16% Conversion: Easy
      AUTO REPAIR, GARAGE
      $3,960,000
      Change: +13% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Oswego Rd
    County
    Onondaga
    State
    New York
    Longitude
    -76.2639
    Latitude
    43.1836
    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
    $10,000
    $47,500
    $57,500
    -
    $335,570
    $1,593,960
    $1,929,530

    Comparable in this City

    • Value Estimation by Request
      14.39 Acres

      Clubhouse Dr, NY

      STORE/OFFICE (MIXED USE) • 14.39 Acres
      Clubhouse Dr, NY
      View Details
    • Value Estimation by Request
      1,824 SF

      7714 Route

      STORE/OFFICE (MIXED USE) • 1,824 SF
      7714 Route, 298, NY
      View Details
    • Value Estimation by Request
      2,139 SF

      3670 Nys Rte

      STORE/OFFICE (MIXED USE) • 2,139 SF
      3670 Nys Rte, 206, NY
      View Details
    • Value Estimation by Request
      1,728 SF

      Rt 374, NY

      STORE/OFFICE (MIXED USE) • 1,728 SF
      941, Rt 374, NY
      View Details
    • Value Estimation by Request
      2,380 SF

      Chasm Rd, NY

      STORE/OFFICE (MIXED USE) • 2,380 SF
      Chasm Rd, NY
      View Details
    • Value Estimation
      $1,125,000
      7,200 SF

      Route

      STORE/OFFICE (MIXED USE) • 7,200 SF
      Route, 12b, NY
      View Details

    Similar Nearby for Sale

    • $185,000
      2,600 SF

      Mixed-Use Building with Dental Practice

      2600 SF building with dental practice and apartment.
      1500 Grant Blvd And Mayar St, Syracuse, NY
      View Details
    • Contact for pricing
      8,840 SF

      8,840 SF Commercial Condo For Sale

      8,840 SF Commercial Condo For Sale
      1414 West 4th St, Brooklyn, NY
      View Details
    • Contact for pricing
      200 SF

      Retail, Mixed-Use, and Land Package

      Three properties with redevelopment and income-growth potential near transit.
      86-26 85 Dr, Queens, NY
      View Details
    • Contact for pricing
      6,658 SF

      Mixed-Use Properties in South Jamaica

      Three mixed-use properties with retail and residential units.
      11024-11028 Merrick Blvd, Queens, NY
      View Details
    • $499,900
      Pending

      Historic Mixed-Use Schenectady Gem

      Charming mixed-use building in desirable location, ideal for owner-occupant.
      NY
      View Details
    • $1,400,000

      Prime Land Near Amazon Facility

      Land with high visibility near major transportation routes and Amazon.
      17K Rte, Rock Tavern, NY
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      207,800 SF

      Albany Warehouse Space Available

      207,800 square foot warehouse space for lease in Albany.
      100 Kenwood Rd, Albany, NY
      View Details
    • Contact for pricing
      8,820 SF

      Retail Space Available For Lease

      Retail space for lease with high traffic volume.
      1814 Ny-5, Colonie, NY
      View Details
    • Contact for pricing
      6,050 SF

      Retail Space in Patterson, NY

      Retail space for lease in grocery anchored shopping center.
      3101 Ny-22, Patterson, NY
      View Details
    • Contact for pricing
      2,500 SF

      Renovated Restaurant Space For Rent

      Newly renovated restaurant space with fully built-out kitchen available for rent.
      5584 26, Westmoreland, NY
      View Details
    • Contact for pricing
      1,100 SF

      Poughkeepsie Office Space Available

      Office and medical suites available for rent in Poughkeepsie.
      201 Ave S, Poughkeepsie, NY
      View Details
    • Contact for pricing
      365 SF

      Office Space in Pittsford

      Office space available for lease in Pittsford, NY.
      1 Fisher Rd, Pittsford, NY
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Oswego Rd, NY
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.