716 James StSyracuse, NY 13203

Property Details for 716 James St

Year built

1970

Lot size

0.82 AC

Property size (Sq ft)

15,232 SF

Zone code

9

Property type

Office buildings

APN

311500 018.-01-02.0

APU

31150001801020

Description

This single-story, 15,200 square foot Class C office building at 716 James Street, Onondaga County, offers a fantastic opportunity for businesses seeking flexible space. Built in 1970, the property boasts six suites, with 14,000 square feet currently vacant, divisible into units as small as 1,000 square feet, or up to 15,000 square feet contiguous. The building features a 9-foot ceiling height and ample free on-site parking with 60 spaces. Its convenient location offers easy access to public transportation and major roadways, including I-81 and I-690. A large monument sign ensures excellent visibility and curb appeal. The property is zoned for office use and benefits from all new HVAC rooftop units installed within the last six years. This adaptable space is ideal for owner-users or investors seeking a prime location with significant potential. The building is ADA accessible and features multiple HVAC zones for customized climate control. This is a rare opportunity to secure a substantial office space in a desirable location with excellent amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $2,787,670

  6.5%

  $2,573,240

  7%

  $2,389,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,391,570

  Geo Method

  $1,990,210

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,313,380

  Retail / Commercial

  $2,676,270

  Mixed-Use / Specialty

  $2,628,580

  Hospitality / Lodging

  $1,878,850

  Institutional / Educational

  $2,719,040

  Residential Income

  $3,181,270

  Multifamily

  $4,026,910

  Automotive / Energy

  $2,330,600

  Parking / Income-Based Land

  $841,948

  Restaurant / Food Service

  $1,285,740

  Healthcare / Senior Housing

  $2,734,680

Location Insight

City

Syracuse

County

Onondaga

State

New York

Latitude

43.0549

Longitude

-76.1421

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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