5900 Seneca TpkeJamesville, NY 13078

Property Details for 5900 Seneca Tpke

Year built

1970

Lot size

0.49 AC

Property size (Sq ft)

4,401 SF

Zone code

02 - SINGLE RESIDENCE

Property type

Investment properties

Property subtype

Retail residential properties

APN

314200 033.-01-01.1

APU

31420003301011

Description

This exceptional 5,521-square-foot Class A office building presents a unique leasing opportunity in the vibrant Jamesville, New York market. Situated on a 0.49-acre lot at 5900 E Seneca Turnpike, this single-tenant property boasts high visibility from its corner location. Originally constructed in 1940 and extensively renovated in 2010, the building offers a blend of classic charm and modern functionality. The single-story structure provides ample space adaptable to various office needs, including traditional office, executive office, or medical office uses. The entire 5,521 square feet is currently vacant, allowing for complete customization to a tenant's specific requirements. On-site parking is available for employees and clients, and the property features existing pylon signage for enhanced brand visibility. Located in Onondaga County, this property offers easy access to major transportation routes and is ideally suited for a single business or could be easily subdivided into multiple units. This is a rare opportunity to secure a prime commercial space in a thriving community. The property's classification as a Class A building reflects its high-quality construction and modern amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $881,253

  6.5%

  $813,464

  7%

  $755,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $623,204

  Geo Method

  $891,304

• Alternative Use

  Use

  Valuation

  Residential

  $813,464

  Hospitality

  $745,129

  Educational

  $619,938

  Medical

  $641,259

  Retail

  $964,349

Location Insight

City

Jamesville

County

Onondaga

State

New York

Latitude

42.9965

Longitude

-76.1121

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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