7555 Kirkville RdKirkville, NY 13082

Property Details for 7555 Kirkville Rd

Year built

1974

Lot size

0.82 AC

Property size (Sq ft)

4,000 SF

Zone code

RA

Property type

Investment properties

Property subtype

Retail residential properties

APN

313889 050.-01-18.2

APU

31388905001182

Description

This exceptional commercial property, located at 7555 Kirkville Road in Kirkville, New York, presents a compelling investment opportunity. The 4,000 square foot building sits on a sizable 0.82-acre lot, offering significant potential for redevelopment or continued commercial use. Its strategic location just east of the intersection of Kirkville Road and Schepps Corners Road ensures high visibility and accessibility. The property's history as Cunningham Auto Parts provides a solid foundation for a variety of commercial ventures. The expansive lot size allows for ample parking and potential expansion. This property offers a unique chance to acquire a well-situated commercial space in a growing area. Note that this property can be purchased in conjunction with the adjacent 7545 Kirkville Road property, creating an even larger development opportunity. The combined properties would represent a significant land holding with substantial potential for future growth and development. This is an ideal opportunity for investors or developers seeking a prime location with considerable upside. The asking price of $299,000 presents a competitive entry point into the Kirkville commercial real estate market. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $800,957

  6.5%

  $739,345

  7%

  $686,534

• Comparable approach

  Method

  Valuation

  Relative Method

  $566,421

  Geo Method

  $810,092

• Alternative Use

  Use

  Valuation

  Residential

  $739,345

  Hospitality

  $677,236

  Educational

  $563,452

  Medical

  $582,830

  Retail

  $876,481

Location Insight

City

Kirkville

County

Onondaga

State

New York

Latitude

43.0882

Longitude

-76.0004

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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