5700 Genesee StCamillus, NY 13031

Property Details for 5700 Genesee St

Year built

1986

Lot size

9.25 AC

Property size (Sq ft)

55,243 SF

Zone code

05 - COMMERCIAL

Property type

Office buildings

APN

312089 030.-04-30.0

APU

31208903004300

Description

This exceptional three-story Class B medical office building, located at 5700 W Genesee St in Camillus, NY 13031, offers 83,520 square feet of versatile space. The building features 15 suites, ranging from a minimum of 535 square feet to a maximum contiguous space of 5,300 square feet, making it ideal for a variety of medical practices. Amenities include three passenger and gurney-sized elevators, ample parking (250+ spaces), and convenient access points. Utilities and janitorial services are included in the rent. The building boasts on-site services including a pharmacy, family care, urology, professional counseling, and an outpatient surgical center. Building features enhance accessibility with a covered path to the entryway and a covered drop-off circle for the surgical center. The property benefits from a three-phase electrical power supply with an on-site substation, ensuring reliable power for all tenants. This prime location on W. Genesee Street provides excellent visibility and accessibility. Currently, sixteen spaces are available.

• CAP approach

  CAP return

  Valuation

  6%

  $8,920,819

  6.5%

  $8,234,602

  7%

  $7,646,416

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,046,900

  Geo Method

  $7,218,050

• Alternative Use

  Use

  Valuation

  Residential

  $10,210,907

  Hospitality

  $9,353,136

  Educational

  $7,781,699

  Medical

  $8,049,324

  Retail

  $12,104,865

Location Insight

City

Camillus

County

Onondaga

State

New York

Latitude

43.0407

Longitude

-76.2943

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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