3705 Brewerton RdSyracuse, NY 13212

  • Turn key restaurants
  • 6,915 SF

Property Details for 3705 Brewerton Rd

Year built
1986
Lot size
1.22 AC
Property size (Sq ft)
6,915 SF
Zone code
05 - COMMERCIAL
Property type
Turn key restaurants
APN
314889 045.-05-09.0
APU
31488904505090

Description

This exceptional 6,915-square-foot freestanding commercial building presents a unique opportunity for retail development. Situated on a spacious 1.22-acre lot in Onondaga County, this property boasts a highly desirable C-2 Highway Commercial zoning designation within the Town of Salina. Currently in shell condition, the building offers complete flexibility for tenant improvements, allowing for a customized space to meet specific business needs. Its strategic location along a busy commuter route provides excellent visibility and accessibility, complemented by the presence of numerous national retailers and restaurants in the immediate vicinity. The strong residential demographics in the area ensure a robust customer base. Furthermore, the property benefits from its proximity to major transportation arteries, including Interstates 81 and 90 (NYS Thruway), and Syracuse Airport, all within minutes. This combination of size, zoning, location, and accessibility makes this property an ideal investment for discerning businesses seeking a high-impact retail presence. The asking price is available upon request. This is a rare opportunity to establish a thriving business in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,641,485
    6.5%
    $1,515,217
    7%
    $1,406,987
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,591,989
    Geo Method
    $2,276,855
  • Alternative Use

    Use
    Valuation
    Residential
    $1,278,142
    Hospitality
    $1,170,772
    Educational
    $974,068
    Medical
    $1,007,568
    Retail
    $1,515,217

Location Insight

City
North Syracuse
County
Onondaga
State
New York
Latitude
43.1161
Longitude
-76.1463
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
-
$48,900
$151,100
$200,000
-
$54,944
$169,775
$224,719

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