1035 7Th StSalina, NY 13088

Property Details for 1035 7Th St

Year built

1989

Lot size

4.19 AC

Property size (Sq ft)

23,063 SF

Zone code

05 - COMMERCIAL

Property type

Office buildings

APN

314889 076.-02-09.0

APU

31488907602090

Description

Corporate Woods I, located at 1035 7th N St in Salina, NY, offers a prime opportunity for businesses seeking office space in Onondaga County. This single-story, Class B building, constructed in 1987, totals 24,075 square feet and features a flexible layout with spaces ranging from 529 to 8,134 contiguous square feet. Currently, 12,938 square feet are vacant and available for lease. The property boasts a convenient location at the intersection of Route 90 (NY State Thruway) and Route 81, ensuring excellent accessibility. The building has undergone recent renovations, including updated interior and exterior lighting, and a newly paved parking area. One available space is a former physician's office, thoughtfully designed with five exam rooms (each with sinks), a waiting area, an office/reception area, and a break room. A second entrance is accessible through the break room. Suites D and G can be combined to create a larger space up to 8,134 square feet. The base rent includes base year taxes and CAM charges

• CAP approach

  CAP return

  Valuation

  6%

  $3,724,288

  6.5%

  $3,437,804

  7%

  $3,192,247

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,106,994

  Geo Method

  $3,013,412

• Alternative Use

  Use

  Valuation

  Residential

  $4,262,878

  Hospitality

  $3,904,773

  Educational

  $3,248,725

  Medical

  $3,360,454

  Retail

  $5,053,572

Location Insight

City

Liverpool

County

Onondaga

State

New York

Latitude

43.0996

Longitude

-76.1868

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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