6089 Taft RdSyracuse, NY 13212
- Retail properties
- 1,288 SF
Property Details for 6089 Taft Rd
- Year built
- 1957
- Lot size
- 0.64 AC
- Property size (Sq ft)
- 1,288 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 312289 056.-01-11.1
- APU
- 31228905601111
Description
This exceptional 2,104 sq ft office building sits on a 0.72-acre lot at the hard corner of E Taft Rd and Thompson Rd in Cicero, NY. Its strategic location at the eastern gateway to Hancock Industrial Airpark provides unparalleled visibility and accessibility, boasting an impressive 12,500 AADT on E Taft Rd. The property's proximity to major transportation arteries—less than one mile from Route 81 and under two miles from Syracuse Airport—ensures seamless connectivity to regional and national markets. This prime commercial real estate opportunity is perfect for a variety of uses, including retail, corporate offices, or service-based businesses. The thriving community surrounding the property offers a strong workforce and diverse residential base. This is a rare chance to acquire a prominent commercial property in a rapidly growing area, offering significant potential for development and success. The property's size and location make it an attractive investment for businesses seeking high visibility and convenient access to major transportation routes and a robust workforce. Don't miss this opportunity to establish your business in a prime location with exceptional potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $305,746
- 6.5%
- $282,227
- 7%
- $262,068
-
Comparable approach
- Method
- Valuation
- Relative Method
- $296,527
- Geo Method
- $424,091
-
Alternative Use
- Use
- Valuation
- Residential
- $238,069
- Hospitality
- $218,070
- Educational
- $181,432
- Medical
- $187,671
- Retail
- $282,227
Location Insight
- City
- North Syracuse
- County
- Onondaga
- State
- New York
- Latitude
- 43.1251
- Longitude
- -76.0988
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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