264 Genesee StOneida, NY 13421

Property Details for 264 Genesee St

Year built

1980

Lot size

0.44 AC

Property size (Sq ft)

864 SF

Zone code

C

Property type

Investment properties

Property subtype

Retail residential properties

APN

251201 38.56-1-35

APU

2512013856135

Description

This exceptional 1,000 square foot commercial space, located at 264 Genesee Street in Oneida, New York, presents a fantastic opportunity for a variety of businesses. The property is ideally suited for traditional office, executive office, medical office, coworking, or creative office uses. Situated on a bustling retail corridor, this single-tenant space benefits from high visibility and significant foot traffic. Its proximity to a McDonald's further enhances its accessibility and appeal. The location experiences approximately 15,000 vehicles passing daily, ensuring substantial exposure for your business. The space is immediately available for lease at a monthly rate of $2,750.00, NNN. This means the tenant is responsible for property taxes, insurance, and common area maintenance. The property is in Madison County, New York, with a zip code of 13421. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a thriving commercial environment. The property type is listed as Retail and Office. Don't miss this chance to establish your business in a high-traffic area with excellent visibility and convenient access.

• CAP approach

  CAP return

  Valuation

  6%

  $266,142

  6.5%

  $245,670

  7%

  $228,122

• Comparable approach

  Method

  Valuation

  Relative Method

  $176,156

  Geo Method

  $174,980

• Alternative Use

  Use

  Valuation

  Residential

  $245,670

  Hospitality

  $225,032

  Educational

  $187,224

  Medical

  $193,663

  Retail

  $291,238

Location Insight

City

Oneida

County

Madison

State

New York

Latitude

43.0791

Longitude

-75.6501

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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