Recent Business and Property Sales in Onondaga County

If you are interested in the latest movements in the real estate market of Onondaga County, you’re in the right place. From impressive industrial land acquisitions to multiple-family residential sales, here’s a comprehensive overview of the recent property and business transactions recorded in the area from November 10 to 16, 2024.

Notable Sales Transactions

Highlighted below are some of the most significant property transactions that took place during this period:

• $1,020,000 – DeWitt – 6015 Drott Drive. This location was sold from Dimmick Properties LLC to SD RSL Properties LLC and LD RSL Properties LLC, listed as vacant industrial land.
• $1.2 million for a 4-bedroom lakefront house plus 104 more homes were sold across the county.
• Restaurant and senior citizen home sales were recorded among 22 other transactions ranging from $7.5K to $27M.
• $996,100 for a 5-bedroom home in Manlius was one of the 141 noteworthy transactions.
• Bar, fast food, and converted residence sales included in 21 transactions valued between $1K to $576K.
• $1.9M for a waterfront house in Spafford and 135 additional home sales were documented.

Market Insights

The Onondaga County real estate market remains dynamic, with a diverse range of properties changing hands. This is indicative of a balanced market where both sellers and buyers are actively engaging. Here’s what the current data suggests:

• The sale of industrial land, such as at 6015 Drott Drive, points to ongoing growth in commercial investments.
• High-value residential sales, especially those touching the million-dollar mark, suggest sustained interest in premium real estate.
• Diverse property types—from hospitality venues to residences—underscore a healthy economic variety underlying the region’s growth.

Conclusion

Such data not only helps in understanding the current trends but also aids potential buyers, sellers, and investors in making informed decisions. As new trends emerge, staying updated with such sales data can serve as a critical tool for anticipating market movements.

By observing the types of properties that frequently change hands, one can better understand the region’s evolving demands and preferences. Whether you’re looking to invest, buy a new home, or understand the market dynamics for business expansion, keeping an eye on recent transactions is invaluable.

Finally, with multiple transactions occurring weekly, Onondaga County presents a lively real estate landscape worth monitoring for opportunities. Keep tuned in to witness the unfolding stories of growth and change.

Source: https://www.syracuse.com/realestate-news/2024/11/auto-body-vacant-properties-apartments-see-27-latest-business-land-sales-3k-to-102m.html