1807 Erie BlvdSyracuse, NY 13204

Property Details for 1807 Erie Blvd

Year built

1960

Lot size

2.02 AC

Property size (Sq ft)

9,080 SF

Zone code

22

Property type

Auto shops

APN

311500 113.-03-06.0

APU

31150011303060

Description

This turnkey Syracuse industrial property, located at 1807 Erie Blvd W, offers a 19,000+ square foot flex building on a 1.9+ acre parcel. Ideal for auto recycling or similar businesses, the property boasts a 1,200+ square foot office space and a spacious 17,800+ square foot warehouse/shop area. High ceilings reaching 18 feet provide ample vertical space, complemented by 3-phase power for efficient operations. Extensive outdoor storage is available, along with impressive 180-car capacity racking. The property is fully secured with steel perimeter fencing and two rolling gates for convenient access. The sale includes current New York State business licenses for repair, dealership, and dismantling operations. Priced at $1,900,000, this represents a compelling opportunity for an established or emerging business seeking a well-equipped and strategically located facility in Onondaga County, NY, zip code 13204. The asking price of $100 per square foot reflects the property's value and potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,728,310

  6.5%

  $1,595,360

  7%

  $1,481,410

• Comparable approach

  Method

  Valuation

  Relative Method

  $862,714

  Geo Method

  $1,233,850

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,167,380

  Mixed-Use / Specialty

  $1,566,930

  Hospitality / Lodging

  $1,120,010

  Office

  $1,533,940

  Institutional / Educational

  $1,620,850

  Residential Income

  $1,896,400

  Multifamily

  $2,400,500

  Automotive / Energy

  $1,389,300

  Parking / Income-Based Land

  $501,897

  Restaurant / Food Service

  $766,447

  Healthcare / Senior Housing

  $1,630,180

Location Insight

City

Syracuse

County

Onondaga

State

New York

Latitude

43.0593

Longitude

-76.1932

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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