703 Old Liverpool RdSalina, NY 13088

  • Retail space
  • 10,908 SF

Property Details for 703 Old Liverpool Rd

Year built
1998
Lot size
1.34 AC
Property size (Sq ft)
10,908 SF
Zone code
05 - COMMERCIAL
Property type
Retail space
APN
314889 089.-01-04.1
APU
31488908901041

Description

This exceptional 50-acre commercial land parcel presents a unique investment opportunity in the thriving Salina, New York market. Located at 703 Old Liverpool Road, this single-tenant property offers significant potential for development. The expansive acreage provides ample space for a wide range of commercial ventures, allowing for substantial build-out and future expansion. The property's strategic location offers excellent visibility and accessibility, ensuring high traffic flow and convenient access for customers and employees. Situated in the 13088 zip code, this site benefits from a well-established infrastructure and proximity to key transportation routes, making it an ideal location for businesses seeking a strong presence in the region. The land is currently available for lease, presenting a blank canvas for a visionary developer to create a thriving commercial enterprise. Detailed site surveys and environmental reports are available upon request. This is a rare opportunity to acquire a significant commercial land holding in a desirable location with immense growth potential. Don't miss out on this chance to secure a prime piece of Salina real estate. Contact us today to learn more about this exceptional property and explore the possibilities it offers. The property is zoned for commercial use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,589,345
    6.5%
    $2,390,165
    7%
    $2,219,439
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,511,268
    Geo Method
    $3,591,603
  • Alternative Use

    Use
    Valuation
    Residential
    $2,016,193
    Hospitality
    $1,846,822
    Educational
    $1,536,534
    Medical
    $1,589,378
    Retail
    $2,390,165

Location Insight

City
Liverpool
County
Onondaga
State
New York
Latitude
43.0948
Longitude
-76.1969
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
-
$100,000
$1,100,000
$1,200,000
-
$112,360
$1,235,955
$1,348,315

FAQs

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