4886-4888 Taft RdLiverpool, NY 13088

Property Details for 4886-4888 Taft Rd

Year built

1990

Lot size

1.84 AC

Property size (Sq ft)

7,680 SF

Zone code

05 - COMMERCIAL

Property type

Medical offices

Property subtype

Medical centers

APN

312489 116.-02-01.0

APU

31248911602010

Description

This exceptional 8,159-square-foot medical office building in Liverpool, NY, presents a compelling investment opportunity. Situated on a 1.8-acre lot at the intersection of West Taft and Diamond Roads, this single-story, 1990-built facility boasts 60 parking spaces and excellent visibility. Its prime location on the busy Taft Road corridor offers easy access to major transportation arteries, including Interstate 81 and Syracuse Hancock International Airport. The property benefits from its proximity to established medical facilities like North Medical Center and Wegmans, ensuring high traffic and convenient access for patients and staff. The fully built-out interior is ideal for immediate occupancy, eliminating the need for extensive renovations. The property's medical office zoning and strong demographics, including a median household income of $63,201 within a one-mile radius, contribute to its high potential for success. This well-maintained building offers a rare combination of size, location, and amenities, making it an attractive option for medical professionals seeking a thriving practice location or investors looking for a stable, high-demand asset. The robust local population growth projections further solidify this property's long-term value and potential for significant return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,240,191

  6.5%

  $1,144,792

  7%

  $1,063,021

• Comparable approach

  Method

  Valuation

  Relative Method

  $701,631

  Geo Method

  $1,003,469

• Alternative Use

  Use

  Valuation

  Residential

  $1,419,542

  Hospitality

  $1,300,293

  Educational

  $1,081,828

  Medical

  $1,119,034

  Retail

  $1,682,844

Location Insight

City

Liverpool

County

Onondaga

State

New York

Latitude

43.1208

Longitude

-76.1756

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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