7607 Oswego RdLiverpool, NY 13090

For Sale
$865,000 View listing
  • Investment properties
  • 4,430 SF

Property Details for 7607 Oswego Rd

Year built
1968
Lot size
0.50 AC
Property size (Sq ft)
4,430 SF
Zone code
05 - COMMERCIAL
Property type
Investment properties
Property subtype
Retail residential properties
APN
312489 093.-03-40.0
APU
31248909303400

Description

This exceptional commercial property in Liverpool, NY, presents a compelling investment opportunity. Situated on a half-acre lot at 7607 Oswego Rd, this 4,430 square foot office building offers four units currently generating consistent rental income. The property's location on a vibrant commercial corridor ensures high visibility and accessibility, attracting both customers and employees. Ample parking is available, enhancing convenience for tenants and visitors. The building's versatile space is ideal for owner-operators seeking a strategic location to establish or expand their business. Investors will appreciate the steady cash flow provided by the existing tenants. Furthermore, the property's potential for redevelopment is significant, given the area's anticipated growth fueled by the arrival of major employers such as Amazon and Micron, attracting substantial investment and creating a strong demand for commercial space. The seller is offering attractive seller financing options, making this an even more accessible acquisition. This property represents a rare blend of immediate income generation and long-term growth potential in a thriving commercial market. Don't miss this chance to secure a prime asset in a rapidly developing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $887,060
    6.5%
    $818,824
    7%
    $760,337
  • Comparable approach

    Method
    Valuation
    Relative Method
    $627,311
    Geo Method
    $897,177
  • Alternative Use

    Use
    Valuation
    Residential
    $818,824
    Hospitality
    $750,039
    Educational
    $624,023
    Medical
    $645,485
    Retail
    $970,703
7607 Oswego Rd, Liverpool, New York

Location Insight

City
Liverpool
County
Onondaga
State
New York
Latitude
43.1388
Longitude
-76.2275
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
-
$5,000
$10,500
$15,500
-
$167,785
$352,349
$520,134

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